Startup Professionals Musings

NOVEMBER 28, 2010

Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. Network to build investor relationships before you ask for money. If they won’t do it, they why would I as stranger invest in you?

Technical Review 233

Technical Review Elevator Pitch Due Diligence Angel Investor 233

SoCal CTO

FEBRUARY 2, 2011

They might have some seed money and are thinking or raising a Series A based on success of an early release (MVP). Think about how you can prove your business model with an MVP. Size of target market $100M is okay. What are they really looking for? is a requirement. Not sure why.

Valuation 198

Valuation Revenue Pre-Money Valuation Early Stage 198

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model. Thanks Steve!

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Startup Professionals Musings

MARCH 17, 2010

By Jim Flowers A few months ago, Marty invited me to comment on business incubation and what a startup company ought to expect from an incubator. At VT KnowledgeWorks we screen prospective clients for their Market opportunity, for the Magic that they offer to their prospective customers, and for the Moxie displayed by the start-up team.

Incubator 201

Incubator Programming Virginia DC 201

Austin Startup

SEPTEMBER 17, 2017

A business model must be created out of whole cloth, and generally it’s a compilation of assumptions piled on top of other assumptions. Every model has a happy outcome when a founder is trying to convince himself or herself, a team, an investor, or even a spouse that the venture ahead is a good idea. million customers.

Valuation 48

Valuation Forecast Seed Money Business Model 48

Berkonomics

MARCH 30, 2012

The great majority of investors who did invest in “idea stage” businesses, lost fortunes when the Internet “bubble” burst at the beginning of the last decade. Most economists, however, purport that our recovery will never stabilize until small businesses can access capital, hire new employees, and grow.

Intellectual Property 76

Intellectual Property Entrepreneur Small Business Administration SBA 76

Rob Go

MARCH 20, 2013

First, the first time products hit the market and it’s clear you don’t have 100% product market fit. Third, when you have PMF and growth, and you find yourself needing to really build a repeatable business model. Is it possible to take seed money and not go for the Series A, etc, and just earn revenue?

Bootstrapping 46

Bootstrapping Finance Dividend Vesting 46

Startup Lessons Learned

MAY 31, 2019

Of course, hitting your objectives alone doesn’t guarantee success--you might have set the wrong objectives or the market needs may shift over time--but it’s a reasonable proxy for measuring interim success. I'd love to hear your thoughts on what's happened in the capital markets over the last 20 years--the good and the bad?

Lean 108

Lean Venture Capital Conversion IPO 108

www.paulgraham.com

OCTOBER 23, 2010

The market price is less than the inconvenience of signing an NDA. Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. The best odds are in niche markets.

Startup 105

Startup Cofounder Software Stock 105

Mike Michalowicz

MARCH 24, 2013

Well, think for a minute about the kinds of habits and skills one would have to cultivate in order to run a business. In case you haven’t noticed, gift wrapping is a marketable skill, nearly indispensable during the holiday season. 6 Social Marketing. Both businesses can generate consistent income. #7 7 Car Washing.

Entrepreneur 167

Entrepreneur Seed Money Social Media Sales 167

techcrunch.com

OCTOBER 23, 2010

Not everybody can, especially if they need to run with the idea to get to market. Pitching to investors before building is a waste of time especially if they do not understand the timing to enter the market. By now it is useless except bragging rights as traction and market disruption have been lost.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84