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

Steve Blank

While you might be interested in building a company that changes the world, regardless of how long it takes, your investors are interested in funding a company that changes the world so they can have a liquidity event within the life of their fund ~7-10 years. (A You’ve been funded to get to a liquidity event.

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Why good people leave large tech companies

Steve Blank

If they leave at least they’ll have ‘name of our company’ on their resume.”. The belief then was that most founders couldn’t acquire the HR, finance, sales, and board governance skills rapidly enough to steer the company to a liquidity event, so they hired professional managers. They’re lucky they work here.

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What if you and your investors don’t agree on an exit?

Berkonomics

First, the implied promise: Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. There’s a name for this. A personal experience that relates.

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Can you list ten buyers for your business?

Berkonomics

Most entrepreneurs and certainly all investors would like to see “a positive liquidity event” (a good sale of the business) someday. The columns: “Name of candidate buyer”, “What they want”, “What we want” and “Likelihood”. So, that’s the reason for this insight. We draw and label four columns and ten rows.

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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Name the three top ones, and present your sustainable advantage as well as barriers to entry for new startups. What are your specific marketing and sales plans? You need to identify pricing details, sales channels, strategic partners and a customized marketing plan consistent with your industry and target segment.

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These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Rest assured that potential investors will ask for names, and place some calls.

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Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Rest assured that potential investors will ask for names, and place some calls.