Remove Liquidation Preference Remove Product Remove Product Development Remove Technology
article thumbnail

What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking

Steve Blank

But startups require money upfront for product development and later to scale. But for the last 40 years, it has provided the financial fuel for a revolution in Life Sciences and Information Technology and has helped to change the world. But there’s only one reason your company got funded. ——-. The Good News.