article thumbnail

Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. The cost side of the equation is also important.

article thumbnail

Now Any Accredited Investor Can Invest in Texas Startups with Capital Factory and AngelList

Austin Startup

While the Texas weather is preferable to New York City and the cost of living preferable to San Francisco, there are many more reasons that entrepreneurs are flocking to Texas. The Capital Factory Texas Fund is backed by many of the most successful CEOs and technology investors in Texas and across the U.S.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

With nearly 2/3rd of all VCs citing cost-cutting in 2016 as the norm — this is a clear indication that winter made an appearance. This past year was also the year that startup boards also got more disciplined about containing burn rates and pushing for companies to be run more pragmatically. This chart surprised me the most.

article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

It’s been about a year since I started working on Hustle Fund with my business partner Eric Bahn. And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. There are also fund ops costs that need to be factored into this number too.

Salary 48
article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

It’s been about a year since I started working on Hustle Fund with my business partner Eric Bahn. And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. There are also fund ops costs that need to be factored into this number too.

Salary 48
article thumbnail

Chronic Under-financing of EU Start-ups Driven by Mindset

Babbling VC

We keep hearing about lean start-ups and how much costs have dropped when launching and growing a business. Conversely you could blame the LP's (limited partners: the investors in venture funds) and say they are the one's not risking it enough. Initial costs are peanuts to get something up and running.

Finance 76
article thumbnail

Death By VC

Venture Chronicles

This is definitely on the upswing and reflects the issues that funds are having with their limited partner investors. Regulatory paperwork is prepared and the investment is prepared for presentation to the limited partners for funding. The second scenario is the pulled term sheet. It’s the nuclear scenario.