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ESADE Business School Commencement Speech

Steve Blank

Today’s workforce has radically different expectations, brands are losing their power, physical channels are being destroyed by virtual ones, market share is less important than market creation, and software is eating world. The first will be commodity businesses that are valued for their ability to execute their current business model.

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Should you raise traditional VC or Revenue-Based Investing VC?

David Teten

Most founders who are raising capital look first to traditional equity VCs. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. But should they? Less or no dilution.

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When Entry Multiples Don’t Matter

Ben's Blog

When speaking with founders and private growth investors, we hear countless references to “multiples paid” on current or near-term revenue; both obsess over this because a higher multiple translates to a higher valuation. Imagine there is a hot, bottoms-up $60M revenue B2B software company raising at a $4B valuation. Not too shabby!

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ESG in Venture Capital: Interview with Blue Future Partners (VC Fund of Funds)

David Teten

In that capacity, I co-founded the Harvard Business School Alumni Angels Venture Capital Access Program, a joint venture with the National Association of Investment Companies (“NAIC”), which helps women and diverse entrepreneurs raise capital. Starship was launched by the co-founders of Skype. Are you politically active?