article thumbnail

Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Over time, this revenue reduces the dependency on outside venture capital sources. Providing an agency’s growing technology team with state-of-the-art tools for modern software development also becomes critical. This outside work provides a valuable source of revenue able to be used to fund operations.

Incubator 188
article thumbnail

Out of the Ashes - Something Isn't Quite Right

Steve Blank

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. (My Yet when I talked to my venture capital friends, they said, “Well, that’s just how startups work. My mother kept asking if they were going to make me pay the money back. Would you mind sharing them?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SuperMac War Story 10: The Video Spigot « Steve Blank

Steve Blank

Unintended Consequences – Video Editing As these boards are flying out the door, one of the software engineers at SuperMac got to thinking about what did you do with video once you did get it into a computer – so he wrote the first Quicktime-based video editor which we called ReelTime. Adobe renamed ReelTime to Adobe Premiere.

Video 176
article thumbnail

Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

V: Should you raise venture capital from a traditional equity VC or a Revenue-Based Investing VC? GCVF is pioneering the future of venture capital and high growth startups for all small communities. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78
article thumbnail

Customer Development is Not a Focus Group

Steve Blank

The reaction from our software guys was a little less kind. “Are Do you understand you are doubling the amount of work you are going to make for generations of software engineers? Are you out of your !? *x! No, not really. I was just in marketing. All I had done was proudly go out and get customer input.

article thumbnail

Tech Diversity & Inclusion Allies at SXSW

Austin Startup

janryan (@janryan) | Twitter Kerry Rupp Kerry is a Capital Factory Mentor and founding partner of True Wealth Ventures, an early-stage venture capital fund that invests in women-led companies in the sustainable consumer and consumer health verticals.

article thumbnail

Ardent 2: Get Out of My Building

Steve Blank

For this startup we had assembled some of the best and brightest hardware and software engineers in the computer industry. I was about to get an education that would last a lifetime. Picture the scene: the entire company (all 15 of us) are present.