Startup Professionals Musings

JULY 2, 2016

Especially for entrepreneurs who have not built and sold companies before, and need this startup to be an attractive acquisition or IPO target in a few years, I can’t think of a better way to enlist outside experts and keep them motivated to help you meet the challenges of a startup. In my view, nothing could be further from the truth.

Advisory Board 145

Advisory Board Entrepreneur IPO Government 145

Startup Lessons Learned

FEBRUARY 9, 2009

If youre interested in being part of my "customer advisory board" for this presentation, please get in touch. Eric, if youre looking for any help as a "customer advisory board", Id love to do anything I can to help. I would love to be on your advisory board. And thats where the call for help comes in.

Lean 68

Lean San Francisco Web Advisory Board 68

Up and Running

JUNE 16, 2014

To demonstrate traction you might recruit a good management team, start making sales, build an advisory board or secure strategic partnerships. This may include planning for an IPO, a strategic acquisition or for management buyout. For investors, traction minimizes risk. Cash Flow and a Financial Plan.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91

YoungUpstarts

APRIL 7, 2013

Case in point: It took Amazon six years to earn a dime, during which it consumed huge amounts of venture funding and issued an IPO. With business moving at the speed of light, many companies chew through vital operating capital and end up closing doors and burying dreams within the first three years – if they last that long.

Advisory Board 249

Advisory Board Entrepreneur Portland Oregon 249

David Teten

JANUARY 19, 2021

The value ascribed by subsequent investors (in a secondary); buyers (acquisition); or the public markets (IPO). Disclosures: Blue Future Partners is a member of the Advisory Board of ff Venture Capital , where David Teten was formerly a Partner. On average, founders own just 43% of equity by Series B , declining thereafter.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

FEBRUARY 13, 2016

Include advisory board member qualifications and key industry connections. Technically, this is your exit strategy, usually a merger and acquisition (M&A) or initial public stock offering (IPO). A highly investable team has prior experience in the same business domain as well as credentials and skills in their roles.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

AUGUST 13, 2012

Include Advisory Board members and key industry people connections. Going public” (IPO) is another alternative, but not common. Investors invest in people - not just ideas. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Include Advisory Board members and key industry people connections. Going public” (IPO) is another alternative, but not common. Investors invest in people - not just ideas. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Lessons Learned

OCTOBER 4, 2008

He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. In 2007, BusinessWeek named Ries one of the Best Young Entrepreneurs of Tech and in 2009 he was honored with a TechFellow award in the category of Engineering Leadership.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

FEBRUARY 12, 2015

In the Grow phase the company has achieved liquidity (an IPO, or has been bought or merged into a larger company event) and is growing by repeatable processes. If he already had an advisory board (formal and/or informal), add CEO’s who have been through this phase. If not, start one.

Startup 120

Startup Lean Venture Capital Advisory Board 120

Startup Lessons Learned

SEPTEMBER 14, 2008

Establish a customer advisory board. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. Let them connect with each other, but also with you.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

Gust

AUGUST 5, 2012

Include Advisory Board members and key industry people connections. Going public” (IPO) is another alternative, but not common. Investors invest in people – not just ideas. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

David Teten

NOVEMBER 29, 2015

Or perhaps an Advisory Board member who said he always wanted to do what you envision, but didn’t have an opportunity to do so. At the story’s end, you destroy the Empire; you kill Agent Smith; you IPO. Luke Skywalker had Yoda and Obi-Wan Kenobi; Neo had the Morpheus and the Oracle. You are the master of the two worlds.

Advisory Board 60

Advisory Board IPO Framework Salary 60

Feld Thoughts

FEBRUARY 28, 2023

This third body is often referred to as an advisory board (Beirat), sometimes also as a supervisory board (Aufsichtsrat). IPO issues: Possibly the biggest problem for German venture-backed companies is the very low number of IPOs in Germany. Regulatory framework: There are major differences between the U.S.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

Austin Startup

JUNE 27, 2017

There are many contributors to local funding source growth; the number of startups with ideas worth funding, successful exits (either through IPOs or M&A events), locally based, growing public companies, the availability of capital for other type of investments, and the availability of experienced management.

Venture Capital 54

Venture Capital Austin Texas Private Equity 54

Startup Professionals Musings

APRIL 22, 2010

Include Advisory Board members and key industry people connections. IPO as an exit strategy is not recommended these days. Investors invest in people - not just ideas. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Lessons Learned

OCTOBER 6, 2009

pbWorks (formerly pbWiki) was one of the first companies that ever invited me to join their advisory board. pbWorks (formerly pbWiki) was one of the first companies that ever invited me to join their advisory board. With accompanying slides: Continuous Deployment View more presentations from TimothyFitz.

Audio 118

Audio San Francisco Video Continuous Deployment 118

Lightspeed Venture Partners

MAY 5, 2016

Over the years we’ve had the privilege of working with amazing founders and helping them grow from infancy to IPO or acquisition in many cases. Meredith is an angel investor in Color Genomics and Munchery and sits on the advisory board for zkipster. We know the scrappiness and the elbow grease required.

Silicon Valley 60

Silicon Valley Advisory Board Flash Pennsylvania 60

Austin Startup

MARCH 2, 2019

I made very few edits to the original post, mostly in the area of readability and grammar (not in substance of content): Spurred on by my recent Lucky7 post on how capital efficient Bazaarvoice was on its path to IPO , two friends sent me great posts this week on entrepreneurship and risk.

Advisory Board 51

Advisory Board Cofounder Greece Bootstrapping 51

Startup Lessons Learned

JULY 29, 2009

should the test subjects be part of the customer advisory board? ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. what would be the profile of these engineers?

Technical Review 168

Technical Review Software Review San Francisco Lean 168

David Teten

JANUARY 10, 2012

Michael was the lead research analyst for the IPOs of Internet companies like UUNET, Yahoo!, Mr. Parekh serves on various advisory boards of start-up internet companies. He got his MBA at the University of North Carolina at Chapel Hill in 1982, and BSc at Auburn University in 1980. He joined Goldman Sachs & Co.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Steve Blank

JUNE 22, 2009

It was still a year away from its IPO. Army Signal Corps advisory board, and the Army was going to acquire their first computer for research. Its latest product was an oscilloscope, the HP 150a. Terman, who now was the Provost of Stanford, had joined the U.S.

Silicon Valley 164

Silicon Valley RSS California Agile 164

Startup Lessons Learned

OCTOBER 19, 2009

► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The visionary’s lament The Superbowl ad test Lo, my 57692 subscribers, who are you?

San Francisco 137

San Francisco Product Lean Continuous Deployment 137

Austin Startup

FEBRUARY 24, 2019

As I’ve helped entrepreneurs find their own product-market fit and connected them to potential clients, investors, and Advisory Board members, I’ve spent a lot of time telling them about the “cool kids”. In The Entrepreneur’s Essentials #10 , I cover the most proven way to hire well?—?it it isn’t easy.

Software Review 48

Software Review Sales Cofounder Analytics 48

Startup Lessons Learned

JUNE 22, 2009

Each cycle was punctuated by a meeting of our Business Advisory Board (BAB). ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. Heres what it looked like.

San Francisco 167

San Francisco Lean Continuous Deployment Agile 167

Austin Startup

MAY 19, 2018

Perhaps it means you have an advisory board with deep connections to potential customers, perhaps it means you have an in house marketing group that will help the founders with a lot of heavy lifting and avoid burning cash on a hire, perhaps it means that you have a group of consultants who help with pricing. That’s awesome.

Founder 75

Founder Early Stage Software Review Deal Flow 75

Austin Startup

OCTOBER 6, 2018

To prepare for our IPO at Bazaarvoice, I leveraged three additional coaches?—?one This was later reinforced by Scott Cook, the founder of Intuit who also spoke at the First Round CEO Summit, when he said one of his biggest mistakes was not using a CEO coach for the first 23 years of his career. It is honor to have them both join.

Founder 51

Founder Cofounder Software Review San Francisco 51

Startup Lessons Learned

OCTOBER 5, 2009

► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The visionary’s lament The Superbowl ad test Lo, my 57692 subscribers, who are you?

San Francisco 133

San Francisco Architecture Lean Continuous Deployment 133

Startup Lessons Learned

OCTOBER 11, 2009

► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The visionary’s lament The Superbowl ad test Lo, my 57692 subscribers, who are you?

San Francisco 133

San Francisco Lean Metrics Continuous Deployment 133

Austin Startup

SEPTEMBER 9, 2018

As a result, I have a very active and engaged data.world Advisory Board and investor base. All of the same lessons in this post apply to your Advisory Board members. As far as Advisory Boards, I would only invite some Advisors to an occasional Advisory Board meeting (usually every six months).

Advisory Board 48

Advisory Board Balance Sheet Stock Options Email 48

Startup Lessons Learned

OCTOBER 19, 2009

► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The visionary’s lament The Superbowl ad test Lo, my 57692 subscribers, who are you?

San Francisco 111

San Francisco Lean Continuous Deployment DC 111

Startup Lessons Learned

OCTOBER 23, 2009

► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The visionary’s lament The Superbowl ad test Lo, my 57692 subscribers, who are you?

San Francisco 144

San Francisco Customer Wiki Lean 144

Austin Startup

MAY 29, 2019

But now that the SaaS as a superior-business model as compared to enterprise software secret is out of the bag (Workday had a monster IPO and Salesforce.com is the most valuable SaaS business in the world), these replacement SaaS startup opportunities are few and far between. check out The Entrepreneur’s Essentials #1 on that front).

Networking 48

Networking Fractional CTO CTO Hire B2C 48

www.vccafe.com

MARCH 11, 2013

Executive / Advisory Board Compensation. VentureHacks on Startup Advisory Boards â?? Legal, Equity, etc. Bottom Line Law Group. Comp Study â?? Executive Compensation Website â?? unbelievably useful. Expert CEO Compensation page â?? also incredibly useful. SaaS Sales Team Compensation â?? great basics. Lawyers/Legal.

Software Review 53

Software Review Technical Review Startup 53