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No Plan Survives First Contact With Customers – Business Plans versus Business Models

Steve Blank

He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. We even entered it in the business plan competition. Then they had a five-year P&L statement, balance sheet, cash flow and cap table. It was an exquisitely crafted plan.

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How to Pick the Right Attorney For Your Startup

Up and Running

of our company in exchange for the $300K, and my business partner and I each diluted from 50% ownership down to 33.3% This should be clearly spelled out in your Capitalization Table , or “Cap Table” as it’s commonly called. The deal we made with him was he’d get 33.3%

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Why Even Silicon Valley Entrepreneurs Need a Business Plan

Up and Running

Since I’m in the business planning business , it was great to see billionaire investor Peter Gregory ask Richard, the entrepreneur and protagonist of the show, for his business plan. Dejected, Richard goes home and starts reading about business planning on Wikipedia. What do they do? Definitely not.

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Making Decisions in Context

Austin Startup

Your Cap Table is something that deserves constant care and attention. Messy cap tables can come back to haunt you when you do a financing or sell the company. Your original business plan will probably go out the window when you land your first customer. Can you acquire them at a sustainable cost?

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Setting Up Your Accounting System

Feld Thoughts

Revenues and costs should both be based off of a robust set of assumptions. Anytime the financial model indicates that SayAhh will run out of cash, determine how you will raise capital to ensure liquidity and be sure to properly account for the debt or equity transaction on the balance sheet and Cap Table. historical data).

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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

Lean Case provides standard business models & metrics, so you can apply a standard approach to business planning, modeling, and profitability tracking. Most of this data is sourced directly from the business through service providers such as QuickBooks , Xero , MX , Shopify , Stripe , Google Analytics , and Crunchbase.

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Quantum of Social

This is going to be BIG.

Look, I definitely come from the school of being willing to forgo the exact details of the business plan in favor of building a network or a great product--but I'm thinking big picture economics here. I hope I'm totally wrong, because YES, the CMS needs to change in a tablet world that is much more participatory and visual.

Cap Table 100