Steve Blank
OCTOBER 24, 2017
Twenty-five years ago, to go public you had to sell stuff – not just acquire users or have freemium products. People had to actually pay you for your product. This required a repeatable and scalable sales process, which required a professional sales staff and a product stable enough that customers wouldn’t return it.
David Teten
JANUARY 19, 2021
Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. This applies if the investment converts into common stock; details are beyond this essay’s scope. Typical business stage. An already proven business model and its already valuable assets.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ReadWriteStart
JUNE 1, 2020
You must have a prototype or a minimum viable product (MVP). One should also establish the proof of concept of your business before you can qualify for funding. Ground rules of funding. ? Firstly, not all businesses are fundable. This kind of funding is only applicable if the product is unique and innovative.
Up and Running
SEPTEMBER 19, 2017
Rule 1: Bootstrap until you have a viable product. Background: Justin Klemm’s analytics and website uptime startup, Ghost Inspector , wants to revolutionize the way businesses manage their ecommerce funnels. Takeaway lesson: A shocking number of technology startups never even get their first product out the door.
Steve Blank
APRIL 26, 2022
Some even insisted that all prior preferred stock had to be converted to common stock. For the common shareholders (employees, advisors, and previous investors), a cram down is a big middle finger, as it comes with reverse split – meaning your common shares are now worth 1/10th, 1/100th or even 1/1000th of their previous value.
Up and Running
AUGUST 28, 2019
While you invent your business name, consider the following quick tips: Be descriptive: Yes, some popular companies have names like Google, Yahoo, and Bing, but most companies should indicate what the customers can expect from you. . Don’t let an overly-specific name restrict your product offerings later. .
www.inc.com
SEPTEMBER 24, 2011
Over the past year or so, work-for-equity arrangements have become an integral part of Arizona Bays business model. Graham also pushes for common stock, the right to participate in future funding rounds to preserve the size of the stake, and a guaranteed seat on the board. Get your business in the picture.
Expert insights. Personalized for you.
245 
Let's personalize your content