Steve Blank

MAY 19, 2015

These shortcuts add up and become what is called technical debt. You fix technical debt by refactoring , going into the existing code and “cleaning it up” by restructuring it. Organizational debt was coming due. Tell each hiring manager: No new hires until you write/update your own job description. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Startup Professionals Musings

SEPTEMBER 8, 2019

In the US, a nonprofit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Then the cycle repeats with a new set of technologies.

Lean 335

Lean Burn Rate Startup IPO 335

Hearpreneur

AUGUST 5, 2020

The decision on which industry one should venture in is often determined by factors such as advancement in technology and availability of capital. We asked entrepreneurs and business owners about the industries that are ripe for disruption and here are the response; #1- The hemp extraction. Is your industry ready for a change?

Technical Review 157

Technical Review Software Review Entrepreneur China 157

David Teten

MARCH 18, 2021

A typical VC thesis: “we invest in tech startups in Europe at an early stage” However, our experience shows that in many cases: . “Tech” means B2B Saas/Fintech or Consumer apps. Technical” Companies (i.e. any mention of a focus on tech companies). Technical founders . Occurrences.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). VCs are at the forefront of technological disruption, funding many of the latest cutting edge productivity tools. But what tools are they using themselves to automate their own processes?

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Austin Startup

FEBRUARY 11, 2020

Benjamin Nadareski of DrumG , which solves data ownership and a broken valuations industry. The Forrest Four-Cast: February 11, 2020 One of 50 finalists for SXSW Pitch 2020 , DrumG is a global technology firm that builds and operates financial market applications and networks. DrumG’s Titanium dashboard.

Technical Review 62

Technical Review New Jersey Valuation Singapore 62

Austin Startup

FEBRUARY 11, 2020

Benjamin Nadareski of DrumG , which solves data ownership and a broken valuations industry The Forrest Four-Cast: February 11, 2020 One of 50 finalists for SXSW Pitch 2020 , DrumG is a global technology firm that builds and operates financial market applications and networks. DrumG’s Titanium dashboard.

Technical Review 62

Technical Review New Jersey Valuation Singapore 62

David Teten

JANUARY 19, 2021

Our categorization is not a technical one. As two fund managers employing Flexible VC, we think it is a healthy addition to the ecosystem and will yield more predictable and stable healthy returns for investors. Additionally, Flexible VC can accommodate all types of companies, not just asset-lite, tech-enabled companies.”.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

APRIL 5, 2017

I reminded her that all the Lean tools she learned in class–Customer Discovery, business model and value proposition canvases– contained her answer. Or people inside companies with a specific title, like product or program managers, CIOs, etc? influencers”) and how they manage them (e.g. Here’s how.

Marketing 315

Marketing Audience Technical Review PR 315

VC Cafe

JANUARY 27, 2021

It managed to overcome security and privacy controversies and maintain a stronghold in video-call land. Towards the end of 2020, however, the company’s shares were trading lower — potentially due to profit-taking — but also perhaps because of the many alternatives that had sprung by then like virtual mushrooms after a pandemic.

Vertical 148

Vertical Video Technical Review Europe 148

Startup Professionals Musings

SEPTEMBER 20, 2017

In the US, a nonprofit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

betashop.com

OCTOBER 8, 2012

90 Things I’ve Learned From Founding 4 Technology Companies. On October 27, 2010 I wrote a blog post about the “ 57 Things I Learned Founding 3 Tech Companies.”. 90 Things I’ve Learned Founding 4 Tech Companies: Find your company’s One Thing. ?? Fab.com Fab Feed Bradfords Blog. So, here goes. It’s that important.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Startup Professionals Musings

NOVEMBER 21, 2016

At any rate, here is my own list of red flags, from my years of experience advising and investing in aspiring entrepreneurs, which cause me to lose interest and start looking for a way out the door: Omit the facts on key management team experience and skills. Terms “paradigm shift” or “disruptive technology” used more than once.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

Up and Running

SEPTEMBER 19, 2017

Capital investments are like gasoline on a startup business’s metaphorical fire. They allow you to hire more people, purchase new technology, and establish new business connections, among many other benefits. Takeaway lesson: A shocking number of technology startups never even get their first product out the door.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Startup Professionals Musings

OCTOBER 13, 2013

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Both Sides of the Table

MAY 23, 2012

I have been close to the tech & startup sectors for more than 20 years and I can’t think of a period in which I felt more optimistic about the innovation and value creation I see in front of us. From this we have seen a commensurate boom in the number of startup companies. Just why does over-funding dampen returns?

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

thebarefootvc

JANUARY 27, 2014

Do I think we are in a valuation bubble? I think that later stage valuations are frothy (for reasons I explain below) while earlier stage valuations are starting to stabilize from previous highs (with the exception of the superstar serial entrepreneur) - turns out scaling in a sea of competition (both startup and entrenched) is not so easy.

Technical Review 63

Technical Review Valuation Venture Capital Investment Bankers 63

David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. John Borchers, Co-founder and Managing Partner of Decathlon Capital , reports that “37% of our portfolio companies would be considered ‘impact’ qualified companies. Less need for a belief in breakthrough technology.

Revenue 60

Revenue Cofounder Founder Venture Capital 60

Startup Professionals Musings

SEPTEMBER 15, 2012

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

Feld Thoughts

AUGUST 25, 2015

The key reason for the explosion in capital flowing into the industry, and therefore the large increase in practitioners, had nothing to do with 1970’s performance, early stage investing, or technology. So contrary to the piece, it wasn’t VC were good at early stage technology, it was that they had newfound capital and a big exit window.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

Both Sides of the Table

MARCH 6, 2010

When I was running startups I felt like a horse with blinders on because I was super focused on the content management market and ignored many other markets. I get to do a deep dive on their business model, product roadmap and competitive positioning. The problems are much more manageable.

Technical Review 312

Technical Review Due Diligence Spain Warrant 312

Startup Professionals Musings

JULY 3, 2011

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Startup Professionals Musings

FEBRUARY 15, 2015

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

Startup Professionals Musings

NOVEMBER 14, 2010

We look for many attributes amongst the team, including communication, leadership and management skills, subject matter knowledge, business expertise, relevant experience, openness to influence, team cohesion, motivation, integrity and credibility. Repetition will kill an otherwise acceptable business plan. Participation.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

Tim Keane

JANUARY 12, 2010

Term-sheets and Valuations: Thinking about Negotiations.   I’ve sat down with entrepreneurs and a copy of a term sheet guide I like [ “Term Sheets & Valuations - A Line by Line Look at the Intricacies of Venture Capital Term Sheets & Valuations ” by Alex Wilmerding, Aspatore Press.] The Valuation Question.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”

Customer Development 266

Customer Development Developer Customer Silicon Valley 266

Duct Tape Marketing

FEBRUARY 3, 2022

Amanda Dixon found it difficult to find an M&A advisor who understood that landscape when she went to sell her own business. Since 2015, her company, Barney, has guided over 150 media, marketing & tech companies through acquisitions. Click on over and give us a review on iTunes, please! Amanda’s Website.

Entrepreneur 77

Entrepreneur Technical Review Cofounder Valuation 77

YoungUpstarts

FEBRUARY 14, 2017

Pivoting’ is spoken about a lot in the tech world. Indeed some of the biggest names out there started off as a completely different business; including Twitter, Nintendo and most recently, Slack. But pivoting applies to all businesses and the theory behind it is exactly the same. Is it clear? You are burning cash.

Technical Review 157

Technical Review Architecture Revenue Channel 157

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. Tech acquisitions went crazy at the same time the IPO market did. 3) invest in and take equity stakes in exchange for capital.

Silicon Valley 225

Silicon Valley IPO Technical Review Venture Capital 225

Austin Startup

AUGUST 20, 2017

There are many ways to measure technical skills and check work histories and achievements, but assessment of team chemistry is a high art form. Keep the valuations consistent with company progress. Make your choices only after you’ve done some due diligence with other companies where they’ve served.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Professionals Musings

JUNE 6, 2010

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. Bartering services.

Angel Investor 143

Angel Investor Technical Review Exit Strategy Equity 143

Up and Running

MAY 17, 2017

Most business acquisitions focus on money. Even though a lot of technology-focused startups develop their businesses with the hope that they will appeal to a strategic buyer, one who might focus the purchase on emerging technology or a great idea, this is not realistic. Beyond ROI. Clean documentation.

Acquisition 92

Acquisition Technical Review Revenue Exit Strategy 92

genylabs.typepad.com

SEPTEMBER 24, 2011

Tracking and Forecasting the Trends Impacting the Future of Small Business. Welcome to Small Business Labs. Small Business Labs, from Emergent Research , covers the key social, technology and business trends impacting small business. Small Business Blogs. New Communications Review.

Equity 40

Equity Technical Review San Jose Stock 40

Up and Running

OCTOBER 3, 2018

Whichever type of plan you choose, remember that a business plan is a living document. Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Assumptions change based on experience, and your business plan should change along with these assumptions. Technology. Be specific.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

www.vccafe.com

MARCH 11, 2013

VC Cafe covers early stage Israeli and European tech & mobile startups. Updated Business tools for Startups. Every startup faces multiple choices and decisions when it comes to technology. Also includes the most popular platforms, based on a year of data on business buy and sell marketplace, Flippa.com. Girls in Tech.

Software Review 53

Software Review Technical Review Startup 53

steveblank.com

JULY 8, 2011

Home Books for Startups Guide Secret History-Bibliography Steve Blank Startup Tools Steve Blank Entries RSS | Comments RSS Email Subscription Get Steve Blank via your RSS Feed RSS - Posts RSS - Comments Categories Air Force (12) Ardent (10) Audubon (1) Big Companies versus Startups: Durant versus Sloan (39) Business Model versus Business Plan (..)

Software Review 110

Software Review Startup Silicon Valley Analytics 110