article thumbnail

Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

I founded a startup years ago, and that’s how I started getting a taste of it. The startup didn’t work out, but I found ways to be around it, whether it was on the sales side in Goldman for a few years. How does that translate into advice that you give to your startups? What guidance for your portfolio companies?

Partner 132
article thumbnail

How to Write a Business Plan for a Subscription Box Service

Up and Running

Startup costs. Your startup costs will include acquiring your initial inventory, or the products you plan to include in the first edition of your box service. The key for startup costs is to decide what you can’t live without from day one. Milestones. MRR (monthly recurring revenue). LTV (lifetime value). Financial plan.

article thumbnail

Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

This is misleading because in a recurring revenue model, Customer A is much more valuable to the business (assuming typical churn rates) as they will likely generate $360,000 of revenue for the business with renewals over that same three year period. Cashflow is the other key metric. 4:31 PM.