Up and Running

JULY 14, 2015

The primary issue is a technical one. Consequently, in order to maintain a 50 percent equity position when raising $3 million, the valuation of the business will have to increase from $2 million to $3 million. Receiving more funding often means more due diligence and having to accept higher control provisions from investors.

Technical Review 60

Technical Review Valuation Due Diligence Finder 60

Feld Thoughts

NOVEMBER 18, 2013

One of them used to be a lead developer at [insert hot consumer tech company here]. They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. They close on the $750k, hire a buddy or two, buy some Macs, and get to work.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Up and Running

NOVEMBER 12, 2018

But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. A Lean Plan can also serve as an initial plan that helps you think through all the aspects of starting your business. A subscription box business plan will include the following components: Executive summary.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63