www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. Noam is one of a rare breed of business academics: he studies entrepreneurship using a rigorous empirical approach.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

Hearpreneur

OCTOBER 13, 2023

A well-constructed business model is a foundational element of a business plan and strategy. Business models can vary significantly across industries and businesses, reflecting each enterprise's unique characteristics and goals. Thanks to Jordan Adair, ShirtMax ! #2- Thanks to Rodney Warner, Connective ! #3-

Business Model 134

Business Model Affiliate Jordan B2C 134

David Teten

AUGUST 20, 2019

Many are reporting that they’re seeing a more diverse pool of applicants than traditional equity VCs… even though virtually none have a particular focus on women or underrepresented founders. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital.

Revenue 60

Revenue Cofounder Founder Venture Capital 60

VC Cafe

MARCH 1, 2024

Most startups equate the process of fundraising to dating – founders have to typically kiss a lot of frogs until the find the right fit. Eliminating middlemen in healthcare – from using AI to automate repetitive human jobs to exploring new and better business models for providing care.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Steve Blank

APRIL 26, 2022

Most existing investors (those still in business) hoarded their money and stopped doing follow-on rounds until the rubble had cleared. Except, that is, for the bottom feeders of the Venture Capital business – investors who “ cram down ” their companies. W hy would any founder agree to this? ” On one hand they’re right.

Cram Down 404

Cram Down Founder Venture Capital Recapitalization 404

Steve Blank

MARCH 16, 2016

To most founders a startup is not a job, but a calling. Risk capital takes equity (stock ownership) in your company instead of debt (loans) in exchange for cash. Risk capital takes equity (stock ownership) in your company instead of debt (loans) in exchange for cash. What does this mean for startup founders?

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. From traditional equity VC, Flexible VC borrows the option to pursue and reap the rewards of an outsized exit. Flexible VC 101: Equity Meets Revenue Share. Flexible VC 102: Variations.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

The Startup Magazine

MARCH 14, 2022

It is here that the groundwork is laid and the business model developed. A business plan is drawn up to attract investors and partners. The legalities of starting the business are addressed to create a structure for attracting funding. The journey commences by finding a solution for an everyday problem. 2) Seed funding.

Technical Review 145

Technical Review Due Diligence India Startup 145

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Though RBI will displace some traditional equity VC, its much bigger impact will be to expand the pool of capital available for early-stage entrepreneurs. .

Revenue 60

Revenue Term Sheet Founder Technical Review 60

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. For these businesses, it is imperative to get funding from the start without which the company cannot be set up. Equity investors.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

SEPTEMBER 19, 2017

When you accept outside money, particularly a private equity (PE) investment, however, that changes. In this article, I’ll provide some personal stories of how investors have navigated the balance between raising private equity capital and not losing control of their startup. You make all the decisions, when you want, how you want.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

View from Seed

MAY 24, 2021

You have 4-6 years of professional experience as a technology operator, founder, or investor in New York. You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. Who Are We Looking For. You are a native of NYC tech with a strong network. You are hungry. A Final Note.

Technical Review 120

Technical Review Software Review Seed Stage Cofounder 120

Steve Blank

OCTOBER 30, 2012

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. It doesn’t take equity and just has a small fee that varies by city ($140 to $299), to cover event operations and expenses.

Startup 335

Startup Lean Incubator Business Model 335

Startup Lessons Learned

APRIL 24, 2012

The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. Noam is one of a rare breed of business academics: he studies entrepreneurship using a rigorous empirical approach. But such a best-case approach is hazardous.

Equity 168

Equity Founder Cofounder Vesting 168

SoCal CTO

MARCH 3, 2011

Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Do you have a Startup Founder Developer Gap ? This overview (executive summary) needs to include: Product and Business What is the product?

Fractional CTO 264

Fractional CTO CTO Hire NDA Technical Review 264

SoCal CTO

MARCH 3, 2011

Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Do you have a Startup Founder Developer Gap ? This overview (executive summary) needs to include: Product and Business What is the product?

Fractional CTO 259

Fractional CTO CTO Hire NDA Technical Review 259

View from Seed

SEPTEMBER 18, 2019

Depending on the composition of the founding team, you might or might not have near-term holes in certain functions at the exec level – e.g. you’ll most likely need to bring on a CTO/VP of Engineering shortly after the seed round if you don’t have a technical co-founder.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Startup Professionals Musings

JUNE 20, 2016

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Investor focus is on facilitating the scaling of a startup, after you have proven the business model. Build your dream team early.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Steve Blank

MARCH 12, 2014

The startups and the teaching team crafted a challenge for the kids to tackle using the Customer Development methodology, Lean Launchpad tools and the business model canvas. Knowing they had 3 weeks before presenting to the company co-founders, the kids felt intensity like no traditional classroom could generate.

Lean 334

Lean Customer Development Startup Silicon Valley 334

YoungUpstarts

APRIL 16, 2020

For example, a rapidly growing business is often purchasing lots of inventory, investing in fixed assets, and not managing their accounts receivable. If your business model is profitable but you’ve mismanaged one of the above categories, you need to build a 13-week cash forecast to manage your short-term crisis.

Recapitalization 200

Recapitalization Forecast Software Review Finance 200

NZ Entrepreneur

SEPTEMBER 29, 2021

Startup founders are our ambitious problem solvers. experiments to build a product, find customers, test business models and hire amazing people. experiments to build a product, find customers, test business models and hire amazing people. This equity will vest over 2-3 years. Risk and reward.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

David Teten

AUGUST 19, 2019

This structure offers some of the benefits of traditional equity VC, without some of the negatives of equity VC. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Unlike many RBI investors, a full 50% of our investment activity is in non-tech businesses.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

NOVEMBER 21, 2016

They expect to hear about founders and team member’s prior experience in building a startup, and knowledge in the relevant solution domain. They know it’s especially hard to provide a financial return with a free business model. Many naïve startup founders believe that they can make good money with low margins.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

Steve Blank

OCTOBER 10, 2011

Instead the business press dumped on the founders for “selling out.” Many founders mentioned this as a reason not to incorporate or grow their companies in Finland. You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity.

Finland 324

Finland Naming Russia Government 324

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. The goal is to transform dormant or underutilized assets into active capital that supports your business. It is also the time to take a hard look at your business model. The firm has made more than $4.5

Technical Review 134

Technical Review Due Diligence Bankruptcy Intellectual Property 134

genylabs.typepad.com

SEPTEMBER 24, 2011

Working for Equity Instead of Cash. has an article on service firms waiving their fees and instead taking equity in their clients. Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. Not all start-up stock is created equally.

Equity 40

Equity Technical Review San Jose Stock 40

View from Seed

APRIL 30, 2015

What is it, and how should founders think about it? Glen Mello: Venture debt is a good complement to equity. It’s generally got a lower cost compared to equity capital and can help support growth. So it makes it a lot more challenging when you have debt on the books that isn’t as longer term as equity.

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

www.inc.com

SEPTEMBER 24, 2011

Will Work for Equity. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Last spring, Dave Graham , founder of software consulting firm Arizona Bay, learned that a major client, Jumpstart Automotive Media, had been acquired for more than $80 million. Honorees Resources. Apply. ); Topics >.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Steve Blank

MARCH 31, 2014

In spite of this, private equity funds have used the rallying cry of efficiency to hijack corporate strategy and loot the profits that historically would have been reinvested into research and development and new products. The first will be commodity businesses that are valued for their ability to execute their current business model.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

YoungUpstarts

SEPTEMBER 10, 2018

by Marc Pitart, founder and CEO of onlineresume.us. Acceleration and incubation programs are on the rise and have helped start and scale many successful businesses over the past 10 years. Pitch it to someone with a startup or business related background, but who doesn’t have experience in your industry. It was all hypothetical.

Programming 124

Programming Chile B2B B2C 124

Startup Professionals Musings

AUGUST 18, 2023

Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model. McGinnis, a well-known venture capitalist and private equity investor.

Private Equity 255

Private Equity Salary Cofounder Equity 255

The Startup Magazine

SEPTEMBER 21, 2021

Plenty of businesses still practice this specific business model to captivate and maintain its employees, but it goes much deeper than that. Since I started my first business, I haven’t forgotten about my first job. Equity grants. Almost all sectors can—and should—offer equity grants for employees.

Employee 158

Employee Business Model Chicago Equity 158

Startup Professionals Musings

OCTOBER 19, 2015

Most technologists have little interest in the mechanics of starting and building a business. That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

OCTOBER 22, 2010

For no good reason, this process seems shrouded in mystery, when in fact it is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Remember that up to this point, the investor has primarily seen and talked to the founder and CEO, and studied written documents.

Technical Review 225

Technical Review Due Diligence Intellectual Property Private Equity 225

YoungUpstarts

MAY 30, 2016

by Anand Srinivasan, founder of LeadJoint.com. Looking at the startup scene through the lens of TechCrunch or VentureBeat, one may not be faulted for assuming that securing VC capital is the default way to raise a business. Either way, you are not alone if you are bootstrapping your business. You are in the vast majority.

Bootstrapping 100

Bootstrapping Germany United States France 100

Startup Professionals Musings

FEBRUARY 4, 2012

For no good reason, this process seems shrouded in mystery, when in fact it is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Remember that up to this point, the investor has primarily seen and talked to the founder and CEO, and studied written documents.

Technical Review 237

Technical Review Due Diligence Intellectual Property Private Equity 237