Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Both Sides of the Table

APRIL 20, 2017

Just over a year ago I wrote about how MakeSpace had raised $17.5 Today I’m excited to announce we’ve recently raised $30 million in growth finance led by 8VC , with Kimmy Scotti joining our board. In short — how the hell did we raise $30 million? We’ve been delighted with 8VC as a co-investor.

Technical Review 268

Technical Review Los Angeles Software Review Artificial Inteligence 268

YoungUpstarts

APRIL 16, 2020

Once you have achieved a calm headspace, take a survey of your cash position: How much cash is left? The fast options to get business cash are: Collecting from customers. Once you’ve solved the immediate need then stop, take another deep breath, and reflect on how you got to such a tight place with some strategic analysis.

Recapitalization 200

Recapitalization Forecast Software Review Finance 200

Startup Professionals Musings

JULY 1, 2020

Of course, most of you expect that raising money will be difficult, as well as staving off competitors, and handling that occasional toxic customer. You expected the difficulty of finding funding, but you never expected it to go so fast into unanticipated expenses, inventory, support, and marketing.

Due Diligence 306

Due Diligence Entrepreneur Startup Acquisition 306

Startup Professionals Musings

OCTOBER 30, 2017

One of the most common complaints I hear from new business owners and startups is about the pain and difficulty raising capital. I just finished a new book, “ Raise Capital on Your Own Terms: How to Fund Your Business Without Selling Your Soul ,” by Jenny Kassan, who has been in the business for over 20 years as an attorney and fund raiser.

Technical Review 220

Technical Review Accredited Investor Due Diligence Equity 220

View from Seed

AUGUST 17, 2021

I had learned a number of hard and fast rules from those who had practiced the craft for decades before, and I figured that although we invest in change, our business itself is likely to be quite stable. Amidst all this, it’s easy to be a skeptic and grumble about how things are changing for the worse. Boy was I wrong.

IRR 205

IRR Dilution Founder Portfolio 205

Both Sides of the Table

NOVEMBER 27, 2011

I find myself nodding – even when the topic is one I don’t expect to agree with such as “fail fast.” Importantly we also discussed: should startups raise small amounts of money or large? how do you handle internal company morale? how should you organize teams in a startup? Why waste energy?

Silicon Valley 301

Silicon Valley Lean Social Media PR 301

Both Sides of the Table

SEPTEMBER 22, 2012

As the startup figures out how to make something lots of people want and how to reach those people, there’s a period of rapid growth. “Why do founders want to take the VCs’ money? If you have such an idea and don’t grow fast enough, competitors will. For example. So I like that bit, too.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Both Sides of the Table

DECEMBER 27, 2011

Being profitable allows you degrees of freedom you don’t have when you rely upon other people’s money. You may have leverage when you DO need to fund raise. When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?”

Startup 418

Startup Revenue Technical Review Flash 418

View from Seed

AUGUST 17, 2021

I had learned a number of hard and fast rules from those who had practiced the craft for decades before, and I figured that although we invest in change, our business itself is likely to be quite stable. Amidst all this, it’s easy to be a skeptic and grumble about how things are changing for the worse. Boy was I wrong.

IRR 156

IRR Dilution Founder Portfolio 156

The Startup Magazine

MAY 27, 2023

It’s all about understanding what provides you with the confidence to do your job effectively, and you might be surprised at how much confidence you get from just having a better lay of the land before you start. Business is a prospect that appeals to many people.

Social Media 113

Social Media Business Plan Software Review Audience 113

Both Sides of the Table

MAY 4, 2013

Before I tell you the reasons I’m concerned about investment banking intros, I should start by saying I think bankers are enormously helpful for entrepreneurs in raising money. When you are raising a large, later-stage round given by this time you’ve likely got a fairly large business to run. International money.

Deal Flow 347

Deal Flow Early Stage Investment Bankers Technical Review 347

Both Sides of the Table

DECEMBER 7, 2014

We were talking about raising money from LPs. He was lamenting how much he hated LP meetings and how little he wanted to interact with LPs going forward. He was lamenting how much he hated LP meetings and how little he wanted to interact with LPs going forward. Contrast that with a VC conversation I had.

Software Review 341

Software Review Customer Technical Review LP 341

YoungUpstarts

SEPTEMBER 20, 2019

It’s often more all about fearing how tough VCs are going to be with their term sheets and ‘standard’ clauses. It’s often more all about fearing how tough VCs are going to be with their term sheets and ‘standard’ clauses. As well as how to work with pre and post-money valuations. Generosity is nowhere on their radar.

Technical Cofounder 127

Technical Cofounder Entrepreneur Cofounder Post-Money Valuation 127

Both Sides of the Table

JANUARY 6, 2014

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. In the Early Days.

Technical Review 325

Technical Review Early Stage Software Review Los Angeles 325

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Only then is it time to focus on the get-big-fast strategy, and the transformation of three key areas from startup to a managed growth company.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Both Sides of the Table

JUNE 28, 2018

having raised $300 million?—?less How could Bird really be worth the reported $2 billion valuation that I read about in this press? The volume grew so steady that I finally hopped on one, rode down to Bird’s offices and pleaded with Travis to take money from us. The company has done zero paid marketing. Forget the valuation?—?I

San Francisco 256

San Francisco Valuation Technical Review Los Angeles 256

View from Seed

OCTOBER 5, 2016

Whether an entrepreneur is raising a smaller (pre-)seed round entirely from individuals or she has a seed-stage or larger VC firm involved in (leading) the seed syndicate, it’s somewhere between necessary and optimal to have multiple individual angel investors involved. First and foremost, angels can provide capital.

Angel Investor 332

Angel Investor Boston Seed Stage Syndicate 332

NZ Entrepreneur

SEPTEMBER 29, 2021

Our world is changing, and fast. To generate growth in a startup, it is almost always necessary to raise external capital to run the necessary. Typically, this involves determining how to create value as fast as possible, by being laser focused on who and where your markets are, and how you’re going to reach them.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Only then is it time to focus on the get-big-fast strategy, and the transformation of three key areas from startup to a managed growth company.

Startup 161

Startup Angel Investor Technical Review Incubator 161

View from Seed

AUGUST 17, 2021

I had learned a number of hard and fast rules from those who had practiced the craft for decades before, and I figured that although we invest in change, our business itself is likely to be quite stable. Amidst all this, it’s easy to be a skeptic and grumble about how things are changing for the worse. Boy was I wrong.

IRR 136

IRR Dilution Founder Portfolio 136

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Only then is it time to focus on the get-big-fast strategy, and the transformation of three key areas from startup to a managed growth company.

Startup 296

Startup Angel Investor Technical Review Incubator 296

A Smart Bear: Startups and Marketing for Geeks

SEPTEMBER 5, 2018

Fast decisions leads to rapid action, which accelerates the loop of production and feedback, which is how you outpace and out-learn a competitor, even one that already has a lead. How do you know when your current decision should be made slowly: contemplative, collaborative, deliberate, data-driven, even agonizing? Huge effort.

Engineer 264

Engineer Framework Social Media Acquisition 264

Both Sides of the Table

MAY 4, 2013

When you are trying to raise “strategic money” since these people are often hard to reach and they are often more used to being approached by bankers. When you are raising a large, later-stage round given by this time you’ve likely got a fairly large business to run. International money. What stage?

Early Stage 361

Early Stage Deal Flow Investment Bankers Technical Review 361

ReadWriteStart

JUNE 1, 2020

Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. Pre-Requisites of Funding. Gone are the days where you can get funded based on an idea. To secure your funding, you must establish the feasibility of your idea through proper planning and implementation.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Only then is it time to focus on the get-big-fast strategy, and the transformation of three key areas from startup to a managed growth company.

Startup 286

Startup Angel Investor Technical Review Incubator 286

VC Cafe

AUGUST 2, 2022

In April 2022, the company announced it has raised $2 billion (at $31.5 Given the ‘fuzzy’ period we’re in, where we still struggle with a definition of the Metaverse, it’s easy to dismiss it all as a fad. But several corporates are investing millions in building their capabilities and platforms for the Metaverse.

IP 206

IP Cofounder Valuation Acquisition 206

ReadWriteStart

JUNE 8, 2021

And how can you improve these conditions? After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. What Makes Employees Productive in a New Startup? The Productivity Problems With Startups. Limited budgets.

Employee 127

Employee Product Startup Software Review 127

YoungUpstarts

JULY 5, 2020

With projections of steady growth in Canada by the Organisation for Economic Co-operation and Development (OECD), proactive business managers, executives, and entrepreneurs are moving fast to secure their spot in Canada’s expanding economy. which makes running your business in Canada smooth with less cultural challenges to deal with.

Canada 264

Canada North America Intellectual Property Asia 264

The Next Web

FEBRUARY 21, 2014

If you choose to raise money for your company, you’ll inevitably need to prepare a few documents for investors. Two years ago I didn’t know what a “deck” was, but fast forward to today and our team at ooomf has prepared multiple investor presentations, raising two rounds of investor funding. How does your product work?

Africa 157

Africa Cofounder Software Review Conversion 157

YoungUpstarts

JANUARY 15, 2018

Money management. Make sure you know how all the ins and outs of budgeting will improve the chances of your company remaining on a sound financial footing. Make sure you know how all the ins and outs of budgeting will improve the chances of your company remaining on a sound financial footing. Thinking things through.

Entrepreneur 133

Entrepreneur Finance Venture Capital Developer 133

Haystack

DECEMBER 29, 2018

It’s that time of year, time to look back and reflect on the most significant storylines in the tech, startup, and VC world. A comprehensive post on this topic could be 5,000+ words, but we do not do such things here. We kept detailed notes month by month and today, I tried to organize them by key sections, what you’ll see below.

Technical Review 165

Technical Review Venture Capital Russia China 165

ConversionXL

SEPTEMBER 9, 2021

By turning those fans into customers, you can create long-term advocates that spend more money and recommend you to others. In this article, we’ll look at how the social media landscape has evolved, and what you can do to grow your presence and create a community of loyal fans. However, the rules of engagement are changing.

Social Media 142

Social Media Media Developer Marketing 142

This is going to be BIG.

SEPTEMBER 30, 2012

The other day, I noticed an eye-catching headline: "Internet Funding Boom Ends as Fast as It Began". How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? But second, how do you back this up? How can you measure it?

Venture Capital 114

Venture Capital Marketing Term Sheet Software Review 114

Duct Tape Marketing

SEPTEMBER 7, 2023

How To Create The Life You Want In One Year written by Shawna Salinger read more at Duct Tape Marketing Marketing Podcast with Lisa McCarthy In this episode of the Duct Tape Marketing Podcast , I interview Lisa McCarthy, co-founder and CEO of the Fast Forward Group. How do people flip the switch on that? [15:17]

Cofounder 82

Cofounder Programming Conversion America 82

The Startup Magazine

JUNE 14, 2019

So, below is a list of steps you should undertake that ensure that your money is adequately channeled into your trade. If you need any money from this account, let it be in the form of a salary. Once you have the account set, then ensure that all the money in that account is correctly accounted for.

Balance Sheet 128

Balance Sheet Limited Liability Company Bootstrapping Startup 128

Hearpreneur

AUGUST 28, 2022

He is probably quite rich in terms of money than most of us according to Wikipedia. In our societies and business, there’re entrepreneurs who have demonstrated exceptional personalities and demeanor to pull it through business. Some of them are alive and continue to do great things while others only read about them. 1- Jessica Livingston.

Entrepreneur 119

Entrepreneur Green Cofounder Trinidad 119