David Teten
AUGUST 19, 2019
RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Decathlon Capital.
Up and Running
MAY 10, 2017
You might feel like a bit of a wet blanket when you start pushing people to hire a lawyer and write up contracts or an operating agreement. Was it when he handed us a working version, or did it have to operate successfully for a certain number of days? Writing up a contract is especially important if you’re working with co-founders.
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Hearpreneur
NOVEMBER 27, 2022
Butte, Montana was a copper mining town. We picked up this name because I, as the founder, consider myself a nerd. When we were searching for business ideas, my co-founder had an idea to use a Google translator. #3- After the special feature of our community. Photo Credit: Mackenzie Quinn. Photo Credit: Alisa Nemova.
Hearpreneur
JANUARY 7, 2017
I am the founder/coach of Never Settle Coaching, LLC a coaching business. So I cut the corporate cord and co-founded Finespun Clothing. Thanks to Dean Cycon, Dean’s Beans Organic Coffee Co. ! #19 And being from Montana, I also wanted a belt that could transition to all of my active lifestyle endeavors.
Ben's Blog
AUGUST 17, 2020
OH in South Park, San Francisco (or on Zoom from Big Sky, Montana): “OMG, crazy – that firm just paid 100x revenue to invest in [insert hot startup here] – what could they be thinking?” How valuation multiples work Why did multiples become a shortcut-heuristic for estimating valuations in the first place?
Hearpreneur
JANUARY 29, 2017
As an e-commerce entrepreneur, this quote resonates with me greatly and it is has guided many aspects of my business operations, especially the user experience design of my website. This is my favorite business quote because it removes all external factors and focuses on the most important one for launching a business — the founder.
online.wsj.com
SEPTEMBER 23, 2012
Consider Daniel Dreymann, a founder of Goodmail Systems Inc., Mr. Dreymann moved his family from Israel in 2004 after co-founding Goodmail in Mountain View, Calif., And companies that didnt survive might have closed their doors for reasons other than failure, for example, getting acquired or the founders moving on to new projects.
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