Startup Professionals Musings

JUNE 17, 2011

Traction means that you have achieved one or more significant milestones, which will give you credibility with investors. Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Only real results count.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

MAY 22, 2010

Traction means that you have achieved one or more significant milestones, which will give you credibility with investors. Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Only real results count.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Both Sides of the Table

JULY 29, 2010

People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). In the era of social networking if you can’t figure out how to get intro’d to me you probably aren’t cut out to be an entrepreneur.

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

ReadWriteStart

MARCH 1, 2011

social proof? Since most companies have little to no revenue, who else has already invested in the deal is heavily weighted to prove value. Quickly, startup investing is looking more like the public markets, and power is quickly shifting to the entrepreneur from the investors. Follow McCann on Twitter @Mccannatron. on AngelList.

Technical Review 123

Technical Review Due Diligence Cofounder Startup 123

YoungUpstarts

MARCH 7, 2017

Unfortunately, a number of them had an early exit from the business scene due to ineffective business plans and/or unsustained revenue for their investment. Over time, as you scale your operations, you may need to source additional funding from venture capitalists to mitigate high production costs or limited revenue. Angel Networks.

Private Equity 159

Private Equity Startup Incubator Social Network 159

Startup Professionals Musings

JUNE 18, 2012

Founders now routinely use their home to operate their startup until they are well into the revenue phase. Use the Internet and social networking instead of public relations companies and advertising agencies. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with.

Cost 255

Cost Burn Rate SEM Startup 255

Steve Blank

JUNE 15, 2011

In the stealth phase , prescient angel investors and Venture Capitalists (VCs) start investing in an industry or market segment that others have not yet found. In the case of this bubble, it was social networks, consumer and mobile applications, and the cloud. We are seeing this bubble unfold by the book.

Silicon Valley 328

Silicon Valley Stealth Valuation Mississippi 328

Startup Professionals Musings

AUGUST 13, 2012

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

FEBRUARY 15, 2011

Founders now routinely use their home to operate their startup until they are well into the revenue phase. Use the Internet and social networking instead of public relations companies and advertising agencies. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Startup Professionals Musings

MAY 13, 2011

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Lessons Learned

SEPTEMBER 15, 2008

For example, one angel investor reportedly invested in several hundred social networking ventures employing this philosophy. That being said, I do see problems with the conventional wisdom especially in the valley with your technical vision, which then creates economic problems.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Gust

JUNE 10, 2012

Founders now routinely use their home to operate their startup until they are well into the revenue phase. Use the Internet and social networking instead of public relations companies and advertising agencies. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with.

Cost 139

Cost Burn Rate SEM Startup 139

Steve Blank

JUNE 17, 2011

Smart Money are prescient angel investors and Venture Capitalists who started investing in social networks, consumer and mobile applications and the cloud 3, 4 or 5 years ago. Understanding the motivations of these different groups help make sense out of the bubble chart below.

Investment Bankers 312

Investment Bankers Stock Valuation Venture Capital 312

www.readwriteweb.com

MARCH 7, 2011

social proof? Since most companies have little to no revenue, who else has already invested in the deal is heavily weighted to prove value. Quickly, startup investing is looking more like the public markets, and power is quickly shifting to the entrepreneur from the investors. Follow McCann on Twitter @Mccannatron. on AngelList.

Technical Review 50

Technical Review Due Diligence Startup Angel Investor 50

Gust

AUGUST 5, 2012

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

David Teten

JANUARY 28, 2019

But now, the defining movie of today’s twentysomethings is “The Social Network”. Educate more alumni angel investors. At Harvard Business School Alumni Angels of NY , we’ve seen enormous appetite for angel education among high net worths and family offices. Everyone wanted to work in finance.

Affiliate 60

Affiliate Connecticut Programming Community 60

Startup Professionals Musings

APRIL 22, 2010

Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Professionals Musings

FEBRUARY 13, 2010

Founders now routinely use their home to operate their startup until they are well into the revenue phase. Use the Internet and social networking instead of public relations companies and advertising agencies. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

Scalable Startup

APRIL 1, 2013

>> The 15 Minute Website and Personal Website “Portfolios” – soon anyone will be able to build multiple personal sites with full e-commerce, payment systems, community, social networking, SEO, and big data analytics with no coding and very easy manipulation.

PHP 22

PHP Japan Portfolio Social Network 22

Scalable Startup

AUGUST 9, 2018

If you’ve already soft launched, have a product available, are telling the world about your awesome company but don’t have revenue/user growth, you’re probably in the red zone. But to get that Silicon Valley angel funding you have to be part of that social network; most of the rest of the world doesn’t have that frothy environment.

Technical Cofounder 20

Technical Cofounder Silicon Valley Early Stage Cofounder 20

Professor VC

JULY 31, 2008

The artists received very little of album sales, but kept concert and merchandise revenue. The artists received very little of album sales, but kept concert and merchandise revenue. The artists had very few sales of albums, but gave a concert and commodity revenue. Negotiating an Angel Deal in your PJ's. wmv to mpeg.

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

Ben's Blog

APRIL 7, 2010

The other day my friend David Weiden and I were discussing this, and he told a fantastic story that perfectly illustrates the value of Ron’s network: My perspective on angel and VC investors is shaped by my own experiences as an entrepreneur on the firing line trying to get revenue in the door at a startup called Tellme after the dot com bust.

Angel Investor 78

Angel Investor Silicon Valley Networking Finance 78

Gust

NOVEMBER 28, 2011

You may have great credentials as a public servant in your home town, but that won’t get you money to build a social network on the Internet, or start a software company. Another alternative is to rely on that famous first tier of investors, called friends, family, and fools. Experience and expertise in this business area.

Startup 147

Startup Bootstrapping Social Network Internet 147

Professor VC

AUGUST 26, 2011

To that last one, there is certainly some truth as the standard time vs. revenue chart in most business plans looks like this: Im not teaching Entrepreneurial Finance this semester for the first time since Fall 2007. Does a complicated sales build model make sense for a pre-revenue SaaS company? I often do this in the revenue tab.

Silicon Valley 35

Silicon Valley San Jose Hockey Stick Venture Capital 35

Professor VC

JUNE 20, 2011

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). There are definitely some lessons in the story for entrepreneurs and angel investors, but before discussing, I thought Id share a bit about the early financing history for iControl.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

SoCal CTO

DECEMBER 1, 2010

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. Today, brands are hiring social media specialists for customer support, crowdsourced product development, promotions and even leads generation.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Professor VC

JULY 2, 2010

Don't Stop Believin' Is There Any Truth in "The Social Network"? Negotiating an Angel Deal in your PJ's. What does it take to be an Angel Investor? I am an active angel investor and on the board of Sand Hill Angels. A Lot of Horn Tooting over a Kazoo sized deal.

San Jose 28

San Jose Silicon Valley Venture Capital Angel Investor 28

David Teten

DECEMBER 3, 2019

Boardex and Relationship Science make it easier to understand and map social networks into potential limited partners. Investors are also mining for leads such sources as: – product crowdfunding sites ( Indiegogo *); – tech communities ( Producthunt ); – angel group platforms ( Gust ); – expert networks (e.g.,

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

mashable.com

SEPTEMBER 14, 2011

If you’re working with an open source project, for example, it’s important that you have a definitive business model to drive revenue — though not at the cost of alienating your community of core contributors. For example, angel funding is more prevalent in the United States than in Europe.

France 77

France Marketing Social Media Startup 77

mashable.com

NOVEMBER 2, 2011

Joshua Baer is the co-founder and CEO of Otherinbox , a prolific angel investor and the director of Capital Factory , Austin’s seed-stage incubator. Include screenshots of your product , a video walk-through and one or two charts that display traction or revenue. This list of top angel investors is a good start.

Social Media 80

Social Media Startup Angel Investor RSS 80

VC Cafe

MARCH 28, 2011

Now, when your friend’s birthday comes round, one person can identify a gift, click on the product page’s Group Gifting widget, and invite a group of friends via social networks to contribute to paying for the gift online. An organizer can invite the gift-giving participants either through social networks or email invitations.

Widget 97

Widget eCommerce Early Stage 97

Austin Startup

FEBRUARY 12, 2019

We had raised a small round of funding in 2013, led by a local angel investor who was a member of Central Texas Angel Network, and used the funds to build our first product (a mobile website) and launch with recommendations from friends of mine in Austin the week before South by Southwest Festival. Certainly.

Silicon Valley 48

Silicon Valley Technical Review Venture Capital San Francisco 48

Up and Running

APRIL 5, 2017

Sources for funding in the seed round can include angel investors, crowdfunding sites, micro-venture capital firms, a business accelerator, an incubator, or a corporate seed fund. According to venture capital firm Funders Club, it’s best to avoid first-time angels. After the friends and family round comes the seed round.

Green 84

Green Angel Investor Startup Alabama 84

maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. Create a strong brand, solid social community, sell advertising. How I can find the right investor (software)?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.chubbybrain.com

SEPTEMBER 28, 2011

spent $20 million to get back to the same revenue that I had when I was CEO. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). During this year they. deprecated the old feature-complete product (ACS 3.4)

Software Review 79

Software Review Startup Technical Review Vesting 79

Gust

DECEMBER 12, 2011

OK, read the next two words slowly: generate revenue. Sorry, yes, I know how retro this sounds. The cool kids are off doing that new social network, the one that alerts you when there’s someone within 50 feet who shares your EYCL1 gene. Worrying about revenues (or wolves) can slow you down. Are you sure?

IPO 70

IPO Social Network Revenue Aggregator 70

mashable.com

NOVEMBER 3, 2010

Gary Vaynerchuk: Personal branding master and creator of Wine Library TV, Gary Vaynerchuk is also an angel investor with an expanding portfolio of companies. Paige Craig: Adrenaline-junkie Paige Craig is a former marine and intelligence consultant who’s now a prolific angel investor and startup advisor based out of Los Angeles.

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80