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Startup Tools

steveblank.com

Google Apps – Email, Chat, Docs Skype - free voice and video communication tool Campfire – team collaboration Slideshare – share Powerpoints and docs with customers Ning – Create your own social network Yammer – free enterprise social network Doodle – online group scheduling Freeconferencecall.com – Free conference (..)

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ProfessorVC: Baby's All Grown Up

Professor VC

I started working with the founders of iControl at the concept stage, prior to the first $100K of angel financing. Anonymizer raised a small amount of equity and was able to build a business that became very profitable. Don't Stop Believin' Is There Any Truth in "The Social Network"?

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ProfessorVC: How much is enough?

Professor VC

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). As I said up front, I have mixed emotions about the financing. However, each financing resets the clock as new investors are looking for a multiple of their investment on exit.