OnlyOnce

JULY 9, 2013

The book is part of the Startup Revolution series that Brad has been working on for a couple years now, including Do More (Even) Faster , Venture Deals , Startup Communities , and Startup Life (with two more to come, Startup Boards and Startup Metrics). Chapter 3: Telling the Story to Your Investors…The Business Plan is Dead.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Startup Professionals Musings

SEPTEMBER 1, 2019

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Of course, that means a new level of risk, giving up some control, and a new business plan. There is no free lunch.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

SoCal CTO

APRIL 8, 2010

How do the sample Series Seed financing documents differ from typical Series A financing documents? Startup Company Lawyer , March 14, 2010 After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source” equity seed financing documents.

Software Review 150

Software Review Startup PR Exit Strategy 150

Steve Blank

MARCH 4, 2014

But now, as the business model is repeatable and scalable, most employees take the business model as a given, and instead focus on the execution of the model – what is it they are supposed to do every day when they come to work. They measure their success on metrics that reflect success in execution, and they reward execution.

IRR 335

IRR Startup Business Model Agile 335

Up and Running

MARCH 9, 2022

When you run a business, you typically know your destination and what you want to achieve. And there will be financial and business roadblocks that detour your path to success. There are numerous instances where an in-depth view of your business finances can help avoid risks. Debt-to-equity ratio.

Equity 136

Equity .Net Balance Sheet Operations 136

Up and Running

APRIL 2, 2015

I was really disappointed when I needed my company’s first commercial bank loan to finance receivables of more than $1 million—from well-known distributors no less—and we ended up having to sign a lien on our family home to get the loan. Business plan. See Also Small Business Owners, Start Tracking Your Financial Metrics.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Professionals Musings

SEPTEMBER 13, 2017

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Of course, that means a new level of risk, giving up some control, and a new business plan. There is no free lunch.

Mezzanine 141

Mezzanine Private Equity Startup Bandwidth 141

Startup Professionals Musings

NOVEMBER 3, 2013

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Of course, that means a new level of risk, giving up some control, and a new business plan. There is no free lunch.

Mezzanine 240

Mezzanine Private Equity Bandwidth Metrics 240

Up and Running

APRIL 4, 2022

Analyze what you need to run your business, and what the gaps are in your own abilities. Then, all you need is an internet connection to start searching for small business resources. You can also use free trials for paid business tools. You can create a website for your product/service and check website metrics.

Social Media 156

Social Media SBA Media Metrics 156

www.vccafe.com

MARCH 11, 2013

Small Business tools list. Startup Metrics for Pirates â?? SaaS Metrics Tutorial â?? easy business finance software. YCombinator Series AA Equity Financing Documents. Founder Equity Issues. Venture Hacks equity section. Legal, Equity, etc. Startup Threads. Videos/presentations.

Software Review 53

Software Review Technical Review Startup 53

Startup Professionals Musings

FEBRUARY 4, 2015

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Of course, that means a new level of risk, giving up some control, and a new business plan. There is no free lunch.

Mezzanine 120

Mezzanine Private Equity Startup Bandwidth 120

steveblank.com

JULY 8, 2011

Managewith.us - Collaborative Task Manager Mavenlink - manage project communications, documents, schedules, budgets, payments Industrial Logic – Agile eLearning Misc Office Help Google Apps – cloud mail server, calendar, docs, etc.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Growthink Blog

MARCH 4, 2015

The confluence of Big Data and high quality, low cost software-as- service ( SaaS ) programs and applications for virtually every business purpose has made the path clearer than ever as to what entrepreneurs and executives must do to build real equity value in their companies. Pretty cool, eh?

Venture Capital 48

Venture Capital Finance Equity Programming 48

Feld Thoughts

AUGUST 12, 2011

When we were last with Dick and Jane on Finance Fridays, our fearless entrepreneurs were figuring out how to split up their founders equity and account for an investment from Jane. Tie each round of funding to a set of key milestones in the development of your product/business. as a C-Corp in Delaware.

Balance Sheet 136

Balance Sheet Forecast Cap Table Early Stage 136

The Next Web

SEPTEMBER 29, 2013

The Founder’s gut wrongly tells them their business plan has been validated because they received an investment. You’re learning what the metrics that matter are, what your funnel looks like, and what actions you want your prospects to take. It should never be the financing event that dictates whether to shift or not.

Metrics 136

Metrics Cofounder Cram Down Liquidity Event 136

Up and Running

OCTOBER 24, 2017

Step 3: Determine your capital needs and write a business plan. Even if you manage to get a crowdfunding campaign off the ground or find a way to fund your startup yourself, the costs of running every aspect of the business can go way beyond your initial capital needs for launch. You can do that by creating a business plan.

Entrepreneur 135

Entrepreneur Venture Capital Angel Investor Campaign 135

Business Plan Blog

NOVEMBER 18, 2012

Whether it is on price point for the product or target market range, the social enterprise has less flexibility to alter its business plan to adapt to the market trends. All non-profits are engaged in some form of fundraising, as it is a necessity to fund their organization.

Non-Compete 45

Non-Compete Lean Equity Metrics 45

maplebutter.com

JANUARY 8, 2013

Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Building Metrics / Usage Reports / KPI 3. Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. Why do I do it?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Tim Keane

JANUARY 12, 2010

The investors and the entrepreneurs are – or should be – aware that the price of the company’s equity is set by the market – in simplest terms, what an informed buyer is willing to pay.   As a starting point, these become market comparable discussions based on other similar transactions within a recent timeframe and similar business.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Cracking the Code

JANUARY 22, 2009

For SaaS companies, we found that MRR is the best metric on which to base sales commissions. If you assume a 20% cost of capital (typical for equity, debt is generally cheaper), then getting an upfront payment for one additional year on a $10k MRR contract saves you $24k. SaaS business metrics: why are they different?

Software Review 91

Software Review Clawback Sales Salary 91

Startup Lessons Learned

JULY 6, 2011

Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want.

Lean 167

Lean Startup Metrics Private Equity 167

Women Entrepreneurs Can

MAY 9, 2019

During the early days, these are your key contributors and they must be willing to put as much sweat equity into the organization as you are. It’s crucial to have the trust in your team- no matter how small- and that you know they’re committed to your business concept. You Trust Your Team. Solid Organizational Processes.

Programming 40

Programming Sweat Equity Startup Private Equity 40

Business Plan Blog

OCTOBER 9, 2012

Transparency: Social enterprises face the challenge of building trust with their stakeholders and thus have an additional incentive to provide ample amounts of transparency in their success metrics. An ESOP allows business owners to offer equity in the company in exchange for, most often, a reduced salary.

Vesting 51

Vesting Government Stock Salary 51

Seeing Both Sides

OCTOBER 24, 2015

For a start-up to raise capital, it must sell equity to venture capitalists or other investors that expect an annual return more like 30-40% in exchange for the high risk that the company will never be able to pay back the investor and the investment will be written down to zero.

Churn Rate 20

Churn Rate Early Stage Revenue Metrics 20