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Term-sheets and Valuations: Thinking about Negotiations - Startups.

Tim Keane

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model. .   And if they are built from the top down, they’re pretty much useless. [3]   I’ve never seen it in practice.

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Startups in stealth mode need one piece of advice - Discussion

news.ycombinator.com

flavor of a question-and-answer, poll-your-friends site with a distant revenue model and no user acquisition strategy. Ran if for two years before we shut it down with almost no revenue achieved. The biggest risk in our business plan is that we are relying to some extent on time over money, because were self-funded.

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