Both Sides of the Table

NOVEMBER 27, 2011

We had a wide-ranging discussion which included discussions of Eric’s early career (including his failures), how he came to focus on the Lean Startup movement (at the encouragement of Steve Blank who was an investor in the company he co-founded) and what he wants to do next. 01:17 Background, before the Lean Startup. 34:00 Imvu.

Silicon Valley 301

Silicon Valley Lean Social Media PR 301

Both Sides of the Table

SEPTEMBER 10, 2021

Other than that we’ve adopted a “barbell strategy” where we may choose to avoid the high-priced, less-proven A & B rounds but we have raised 3 Growth Funds that then can lean in when there is more quantitative evidence of growth and market leadership and we can underwrite a $10–20 million round from a separate vehicle.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Both Sides of the Table

FEBRUARY 27, 2019

Very few people turn up with a strong sense of “what we should be doing” or ready to lean into a productive conversation The financials were prepared by the VP of Finance / CFO. Often board members themselves don’t do the work to say “what metrics would we like to see.” Make them do some work to agree what success would look like.

Stock Options 226

Stock Options Metrics Stock Valuation 226

Both Sides of the Table

JULY 24, 2016

What you Before Sets the Course for How Well the Day Goes Make sure you send your financial and operating metrics no less than 72 hours before the board meeting — even better if it can be a week in advance. It ought to lay out the key issues, provide 3 options per issue and state which one management is leaning toward.

Metrics 196

Metrics Strategic Investors Later Stage Management 196

Both Sides of the Table

JUNE 4, 2013

LEAN STARTUP MOVEMENT. ” is Eric Ries who wrote the must own, “ The Lean Startup ” *. The team has stated it and has built metrics around key goals for future success.

Technical Review 401

Technical Review Startup Business Model Non-Compete 401

Both Sides of the Table

OCTOBER 6, 2010

That might work for $50-100k but less likely for $3m unless you’re a seasoned entrepreneur, known to the VC, have some metrics that work in your favor or have built something the VC believes to be truly unique. If you have good experience then the VC will be leaning forward for the rest of the presentation. during your meeting.

Early Stage 360

Early Stage Startup Venture Capital Seed Stage 360

Both Sides of the Table

AUGUST 20, 2015

I know many inexperienced market prognosticators (see chart above) claim “VC is dead,” “capital is a commodity,” “crowd-source to the finish line” or “stay lean for life” but I’ve seen directly just how much capital can separate the winners from the losers when raised at the right time.

Churn Rate 150

Churn Rate Silicon Valley Brazil Valuation 150