David Teten
SEPTEMBER 6, 2015
Teten: For a large corporate, what are the advantages and disadvantages of a dedicated fund (possibly with external investors) vs. a 100% on-balance sheet investor? A lot of venture investing is done on the balance sheet, meaning there is no dedicated fund and investing is done more opportunistically.
Steve Blank
FEBRUARY 22, 2010
One of the ways our VC’s kept track of our progress was by taking a monthly look at three financial documents: Income Statement, Balance Sheet and Cash Flow Statement. To be clear – Income Statements, Balance Sheets and Cash Flow Statements are really important at two points in your startup. Lessons Learned.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Steve Blank
JUNE 23, 2016
It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast. Filed under: Corporate Innovation , Customer Development. These metrics make it difficult for a company that wants to invest in long-term innovation.
Steve Blank
MAY 14, 2012
The excerpts, which appeared first at Inc.com , highlight the Customer Development process, best practices, tips and instructions contained in our book. Financial progress is tracked using metrics like income statement, balance sheet, and cash flow. Filed under: Customer Development.
Steve Blank
FEBRUARY 16, 2010
The Appendix of your business plan has one of the leading cause of death of startups: the financial spreadsheets you attached as your Income Statement, Balance Sheets and Cash Flow Statements. Spread out in front of everyone around the conference table were the latest Income Statement, Balance Sheets and Cash Flow Statements.
Steve Blank
SEPTEMBER 15, 2016
The bad news is that as a startup founder you have no brand, you have no balance sheet, you have investors behind you, you have employees that you’re responsible for, you have an impact you’re trying to make on people’s lives while building a business. Filed under: Customer Development.
Steve Blank
JULY 28, 2011
From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. And they’ll do this using the business model / customer development / agile development solution stack.
Expert insights. Personalized for you.
60 
Let's personalize your content