OnlyOnce

MARCH 14, 2011

We all knew if the feature or function that the client was asking for was within the realm of the possible. • We were very, very focused on creating customers and revenue —We were a startup. If we drove revenue above costs, we got to take home a salary. They come in awfully handy in funding new initiatives.

Software Review 67

Software Review Development Team Review Later Stage Technical Review 67

Startup Professionals Musings

JANUARY 12, 2013

Minimum Viable Product (MVP). For startup new product development, this is a strategy used for fast and quantitative market testing of a product or product feature, popularized first by Eric Ries for web applications. Startup accelerator. Gamification. Startup pivot.

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

The Equity Kicker

NOVEMBER 28, 2016

Different investors place different weights on the three elements but as a rule earlier stage investors place more emphasis on the team and later stage investors place more emphasis on the market. Some very early stage investors go as far as to say that for them team is everything.

Seed Stage 60

Seed Stage Later Stage Early Stage Partner 60

Berkonomics

MARCH 21, 2019

If you are a going business with a track record of revenues, then the importance of accurate current financial statements cannot be overstated. If there is no record of revenues, see the “The Berkus Method” available with any search query for valuing the business before revenues. Let’s start with the basics.

Hockey Stick 63

Hockey Stick Liquidity Event Valuation Balance Sheet 63

Startup Lessons Learned

FEBRUARY 20, 2009

The sooner you pass your work on to a later stage, the sooner you can find out how they will receive it. Luckily, I now have the benefit of a forthcoming book, The Principles of Product Development Flow. Labels: five whys root cause analysis , product development 11comments: Peter Severin said.

San Francisco 161

San Francisco Software Review Continuous Deployment Development Team Review 161

K9 Ventures

OCTOBER 10, 2017

Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people. Seed is the new Series A. (~$2M used get for building product, establishing product-market fit and early revenue).

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

Growthink Blog

MAY 10, 2012

You see, equity capital is raised in stages or rounds. The five main stages include the following: 1. Early Stage Investment (Series A & B) 4. Later Stage Investment (Series C, D, and so on) 5. Put everything else on your "wish list" to buy with revenues from sales or additional financing.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

Steve Blank

OCTOBER 1, 2009

Sloan put in place GM’s management accounting system (borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals.

Silicon Valley 161

Silicon Valley United States RSS Customer Development 161

Seeing Both Sides

JANUARY 13, 2015

My boss and mentor from Open Market, Gary Eichhorn , made the entire management team read it in the 1990s to hammer home its important lessons as we stumbled through the chasm on our way to scaling from zero to nearly $100 million in revenue in a few years. At each stage, there are different problems. Anyone up for a rewrite?

Mezzanine 20

Mezzanine IPO Finance Business Model 20

techcrunch.com

OCTOBER 23, 2010

So for this first post, here’s the best advice I can give you: join an awesome founding team and get your product out the door ASAP. One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. How many were started by programmers?

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84