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5 Things You Need to Learn Before Launching a Startup

ReadWriteStart

Metrics A business should be measurable. Metrics help you identify if you are on the right path and they help to convince prospective investors to give you money. There are more than a dozen startup metrics that a founder can use. Learn how others do it, listen to experts, and figure out your pricing policy.

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ProfessorVC: Is the Grass Really Greener on the Dark Side?

Professor VC

Perhaps, this is partially driving some of the jumping across the table, but certainly the performance metrics of funds and individual partners has also played a key role. Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1).

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ProfessorVC: 4 Lessons of Entrepreneurship

Professor VC

Its Ok to Exit a Little Early -StubHub was experiencing great growth and hitting its metrics when Ebay acquired the company in early 2007 It is quite possible that Jeff could have gotten a higher price for the company by waiting, but felt there were a number of benefits to exiting when they did. A Lot of Horn Tooting over a Kazoo sized deal.

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ProfessorVC: Waah.Do I have to build a financial model?

Professor VC

What are the key drivers and metrics? Byron Deeter has a good blog post on SAAS metrics. I like to have one tab with assumptions and one tab with summary financials and key metrics. I also typically, write a text document summarizing the assumptions, validation for the assumptions and key metrics. How do you think?

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Lessons Learned: Don't launch

Startup Lessons Learned

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Know what the success metrics are for the launch. Build a gigantic river of momentum with minimal effort so you dont get burned out. Thats how to "launch".