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A Year in Review: 2016

Version One Ventures

forward revenue in February 2016 (the low), they appreciated by 6% each month for the following six months. At the same time, seed money is still abundant due to the proliferation of micro VC over the past few years. There was a significant pull-back of the public markets in Q1. Yet while they were trading at 3.3x

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Should Startups Care About Profitability?

Both Sides of the Table

70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue. Revenue When I look at an income statement I start by focusing on the revenue line. You need to understand the “quality” of the revenue.

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Timing: When to raise seed funding.

Scalable Startup

High growth startup companies need seed money to get things going. They need the money to rent offices, hire staff, and establish their initial presence (website, incorporation, marketing). As we prepare for our first funding we are assembling a value chain from partners and vendors to clients.

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No Plan Survives First Contact With Customers – Business Plans versus Business Models

Steve Blank

We thought we’d take our plan and go raise seed money. We can’t raise money knowing our plan is wrong.”. This includes how the product gets distributed to your customers and how money flows back into your company. He replied, “Well the customers are not acting like we predicted in our plan! Here’s why.

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11 Entrepreneurs Explain Their Major Accomplishments in 2018

Hearpreneur

I fully immersed myself in industry conversations, met ecosystem partners, and participated in social media discussions with next-generation entrepreneurs. Literally, one week later we had secured seed money, established business roles, added on another partner, ran the numbers, and started a pest control company!

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Forget Angels, Try Your Parents or Piggy Bank – The Accelerators – WSJ

Campus Entrepreneurship

My team at Duke University worked with Raj Aggarwal of University of Akron and Krisztina Holly at the University of Southern California to research the backgrounds of 549 entrepreneurs whose companies had made it past the begging-for-seed-money stage and were generating real revenue.

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Why Andreessen Horowitz Just Raised $650,000,000

Ben's Blog

We want to be in business with the best entrepreneurs going after the biggest markets and we do not care whether they need seed money, venture money or growth money. Second, one of the founding principles of the firm is to have general partners who are skilled in helping companies at all three stages of development.