Remove Customer Remove Demand Remove Reputation Remove Term Sheet
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Top 30 Startup Posts in June 2010

SoCal CTO

Creating Incremental Strategic Value - Ask the Angels , June 17, 2010 We can easily overlook the level of demand pull when we are assessing strategic value. haven't raised any money for my companies that required a term sheet (just friends & family money in my first company), and yet I still think it is important for a number of reasons.

Cofounder 175
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The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

I can’t say it much simpler than this: “What if I took some of the worst, most egregious terms in a standard term sheet and made them the defacto standard in most convertible debt deals? Let me explain it more clearly in equity terms. Some thoughts on raising angel money. That’s right.

Ratchet 354
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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development.

Startup 150
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16 Common Mistakes Young Startups Make

mashable.com

Your first product will likely be just a little bit ugly, and thats okay — its part of getting to market quickly and testing your idea in front of live customers. But dont underestimate the importance of achieving a basic threshold of "this looks good (and reputable)." Not Listening to Current (or Future) Customers.

Cofounder 111
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Understanding the Risks of VC Signaling

Both Sides of the Table

I believe these VC funds have suffered some amount of reputation fall out. We used the Y Combinator open source term sheet. We signed the term sheet within 48 hours and had funded in under 2 weeks. Great reputation. If you accept my terms you’re done. They elected to sign my term sheet.

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How to Fund a Startup

www.paulgraham.com

A lawyer I asked about it said: When the company goes public, the SEC will carefully study all prior issuances of stock by the company and demand that it take immediate action to cure any past violations of securities laws. Custom work doesnt scale. In an IPO, it might not merely addexpense, but change the outcome.

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Startup Resources

www.vccafe.com

Steve Blank on Lean Customer Development. Customer service. Google Custom Search Engine. Customer Relationship Management. great web customer acquisition tutorials. customer retention, churn reduction, lifetime value. free/cheap web customer relationship mgmt software. Codeacademy. Steve Blank.