Steve Blank

JANUARY 28, 2013

We realized this mechanism had been occurring for years at University’s startup competitions, such as the MIT 100K Accelerate Contest. We dubbed the program Qualcomm’s Venture Fest and the process, “ Collective Entrepreneurship ”, a three-phase program combining crowdsourcing with entrepreneurial techniques for startup creation.

Programming 285

Programming Design Lean Seed Money 285

The Startup Magazine

APRIL 27, 2021

Your interior design startup deserves the best. Seeing how you are starting up your company, it may not be best to start from the ground up and see where your money takes you. People with money are trying to help the low man on the totem pole so they called angel investors. appeared first on The Startup Magazine.

Design 98

Design Angel Investor Startup Seed Money 98

Gust

MAY 11, 2014

A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. That is time and resource that you must add to the million other high-priority startup tasks. Invested Interests entrepreneur grants startup' Processing and approvals take time.

Seed Money 164

Seed Money SBIR Dilution Government 164

Up and Running

APRIL 18, 2014

I stole the ideas for my first startups from other people. With my third business, I didn’t even try to be original—I purchased a custom framing franchise and piggybacked to success on someone else’s name. What I’m saying is, I’m wholly unqualified to offer startup advice. Not all startups have to reinvent the wheel.

Detroit 156

Detroit Technical Review Cofounder North America 156

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. First, the introduction of seed money as an institutional form of capital.

Lean 108

Lean Venture Capital Conversion IPO 108

ReadWriteStart

SEPTEMBER 17, 2021

The world of startups is a bit like a gold rush right now: there’s lots of money to be made, almost no rules regarding who will make or lose it, and only a few will actually see a sustained profit at the end of the day. That’s not to say that there’s anything wrong with startups that can’t initially generate cash. More Choice.

Startup 130

Startup Revenue Cofounder Angel Investor 130

Both Sides of the Table

JUNE 17, 2017

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!”

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

www.paulgraham.com

OCTOBER 23, 2010

Want to start a startup? You need three things to create a successful startup: to start withgood people, to make something customers actually want, and to spendas little money as possible. Most startups that fail do it becausethey fail at one of these. A startup that does all three willprobably succeed.

Startup 105

Startup Cofounder Software Stock 105

YoungUpstarts

OCTOBER 28, 2015

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

The Equity Kicker

AUGUST 20, 2014

With no team and no technical expertise Matt was planning to find a team and build out some product before starting to raise some seed money. Talking to customers doesn’t seem very difficult but learning how to intuitively ask open questions, deviate from a script and synthesise the information gathered takes practice.

Cofounder 95

Cofounder Founder Technical Cofounder Technical Review 95

Steve Blank

APRIL 8, 2010

I think my startup is going to fail even before I get funded.” When were done we followed your advice and got out of the building and started talking to potential users and customers.” He replied, “Well the customers are not acting like we predicted in our plan! We thought we’d take our plan and go raise seed money.

Business Model 329

Business Model Business Plan Customer Cap Table 329

ReadWriteStart

SEPTEMBER 17, 2021

The world of startups is a bit like a gold rush right now: there’s lots of money to be made, almost no rules regarding who will make or lose it, and only a few will actually see a sustained profit at the end of the day. That’s not to say that there’s anything wrong with startups that can’t initially generate cash. More Choice.

Startup 78

Startup Revenue Cofounder Angel Investor 78

Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

Cofounder 223

Cofounder Founder Silicon Valley Technical Cofounder 223

YoungUpstarts

OCTOBER 23, 2018

This is why it is especially important for startup founders to seek help to guide them through the tedious and often perilous process of starting and growing a company. In recent years, startup accelerators and startup incubators have become the place of choice for any budding entrepreneurs to be the next unicorn.

Incubator 127

Incubator South America San Francisco Chile 127

Both Sides of the Table

JANUARY 5, 2010

A caller dialed in to ask us questions about his startup. He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). He wanted to raise angel money. I was recently on TWiST with Jason Calacanis. I told him to quit his job first.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

SoCal CTO

FEBRUARY 2, 2011

They might have some seed money and are thinking or raising a Series A based on success of an early release (MVP). He just post: Establishing the Pre-money Valuation of Pre-revenue Startups. Because of this, I've always tried to stay up-to-speed on how early-stage investors look at valuation of companies.

Valuation 198

Valuation Revenue Pre-Money Valuation Early Stage 198

Version One Ventures

JULY 22, 2014

If not, revenue from your customers will be your best source of financing. There’s a lot of “easy” early-stage money floating around right now, but don’t get fooled into taking seed money if you don’t have a viable path for later rounds. Is your opportunity at least $100M? It will just be leading you down the wrong track.

Finance 167

Finance Seed Money Bootstrapping Angel Investor 167

Version One Ventures

DECEMBER 14, 2016

At the same time, seed money is still abundant due to the proliferation of micro VC over the past few years. Mattermark (a portfolio company) looked at the matriculation rates for a class of startups. Mattermark found that, on average, around 31 of the initial startups raised a Series A. Quantum Computing.

Technical Review 60

Technical Review Early Stage Portfolio Valuation 60

cdixon.org

SEPTEMBER 17, 2011

Why you shouldn’t keep your startup idea secret. I have a personal diligence rule that when speaking to people at large companies, the facts that they tell you are very useful but their opinions about startup ideas no more valuable than any other smart person’s opinions). Peter Coles. Jon Russell. Jonah Peretti. Lauren Leto.

Stealth 68

Stealth Startup NDA Cofounder 68

Startup Professionals Musings

JUNE 2, 2011

By John Williams Fast Company magazine recently reported that PayPal founder Paul Thiel is giving away $100,000 to twenty-four young men and women to finance startup businesses. Thiel is providing his mentees with capital to make their startups a reality. Ask satisfied customers to spread the word on yelp, tripadvisor, Angieslist, etc.,

Sweat Equity 231

Sweat Equity Startup Angel Investor Seed Money 231

Up and Running

MAY 30, 2018

My first company, Digital-Tutors , grew from a startup in my living room with $54 of my own seed money into a multi-million-dollar business with customers around the world. I was proud of the fact that we never used any outside investment money to grow the company. A leader’s winning formula.

Startup 107

Startup Seed Money Employee Conversion 107

www.paulgraham.com

APRIL 28, 2010

Want to start a startup? A typical startup goes throughseveral rounds of funding, and at each round you want to take justenough money to reach the speed where you can shift into the nextgear. Few startups get it quite right. Once you take money from the generalpublic youre more restricted in what you can do. [

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Both Sides of the Table

MAY 13, 2013

For the past 5 years or so Google, Facebook and a handful of tech industry giants have been quietly buying scores of early-stage startups for their talent. I’m supposed to believe that my best innovation can only come from scores of startup founders who just made millions and have now become CVOs at my company? Go do a startup.

Liquidation Preference 357

Liquidation Preference Early Stage Retention Lock-up Period 357

www.businessinsider.com

SEPTEMBER 6, 2012

Enter you email address and zip code to set up customized email alerts. Top Startup Advisor Paul Graham Just Warned Against Taking Googles Money. Paul Graham is warning startups against "lowball offers.". What Its Really Like To Go Through Y Combinator, The Most Important Startup School In The World. Email Sent!

Silicon Valley 54

Silicon Valley Startup Valuation Venture Capital 54

Both Sides of the Table

SEPTEMBER 2, 2009

I raised $500k in seed money to start the company. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers. Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. year old boy and another one due in 1 months.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

Up and Running

MAY 12, 2015

They ended up with a nice pitch, and approximately $300K in seed money.”. See Also How to Raise Startup Funding from Unlikely Angel Investors. See Also What My Startup Accelerator Taught Me About Pitching. Ask your intended customers for feedback. From there, you can reach out to an angel in your area.

Angel Investor 60

Angel Investor Software Review Technical Cofounder Due Diligence 60

www.paulgraham.com

AUGUST 1, 2008

Startups are undergoing the same transformation that technology does when it becomes cheaper. Now as well as being produced by startups, this pattern is happening to startups. Its so cheap to start web startups that orders of magnitudes more will be started. Plus in a startup you could make much more money.

Web 54

Web Startup Silicon Valley Technical Review 54

crowdSPRING Blog

APRIL 23, 2018

You don’t have to look far to find evidence that we’re in another prolonged startup boom. This trend continued in 2017 , and all signs suggest that 2018 will have similar startup growth. But the more new businesses there are, the more old, often untrue ideas about startups propagate. This is good news. That’s a lie.

Entrepreneur 69

Entrepreneur Startup Seattle Social Media 69

ReadWriteStart

JUNE 18, 2014

Most people never get to launch a successful startup, much less six. Despite earning Oprah money and minting more than 150 millionaires with six successful exits, including Splunk, currently valued at more than $5 billion, Baum has yet to retire. Instead of launching another startup, however, he’s launching entrepreneurs.

Founder 60

Founder Entrepreneur North America Startup 60

Kodorra

NOVEMBER 6, 2018

This is why it is especially important for startup founders to seek help to guide them through the tedious and often perilous process of starting and growing a company. In recent years, startup accelerators and startup incubators have become the place of choice for any budding entrepreneurs to be the next unicorn.

Incubator 40

Incubator Programming San Francisco Chile 40

Startup Professionals Musings

MARCH 17, 2010

By Jim Flowers A few months ago, Marty invited me to comment on business incubation and what a startup company ought to expect from an incubator. At VT KnowledgeWorks we screen prospective clients for their Market opportunity, for the Magic that they offer to their prospective customers, and for the Moxie displayed by the start-up team.

Incubator 201

Incubator Programming Virginia DC 201

Both Sides of the Table

NOVEMBER 18, 2012

As a startup founder you rarely have much money in your bank accounts. I recently had coffee with a young friend who just finished his first startup. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. My employees.

Monaco 420

Monaco Cofounder Chicago Mexico 420

Version One Ventures

SEPTEMBER 8, 2014

With the influx of seed money, much has been written about the fact that start-ups that are taking far more funding than they need. At the beginning, it’s important to do things that don’t scale, especially when it comes to customer acquisition. As Paul Graham said , “startups take off because the founders make them take off.

Guerilla 158

Guerilla Seed Money Vertical Early Stage 158

pandodaily.com

NOVEMBER 29, 2012

Add to this regular angels becoming “super angels” — a much-mocked phrase for when someone goes from investing their own money to investing institutional funds. Essentially they became micro-VCs, still investing at the seed level but with much greater resources behind them. A name like 500 Startups says it all.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

ReadWriteStart

OCTOBER 18, 2011

Louis has a different kind of transportation exchange: most of the major cross-country Internet pipelines have points of presence in various office buildings, so Web startups have access to a variety of connectivity. The $50k seed money isn't a grant, but an equity investment by Capital Innovators. Today, downtown St.

St. Louis 124

St. Louis Indiana Seed Money Retention 124

Hippoland

MARCH 27, 2016

The startup industry should stop using the word “pitch”. Doing a Demo Day or a startup pitch competition is NOT the same as a pitch meeting with an investor. Me: [Talk about my team’s experience]… VC: But what about how you acquire customers? The market size is HUGE and… VC: What about your team?

Seed Money 48

Seed Money Conversion Leadership Partner 48

Version One Ventures

SEPTEMBER 8, 2014

With the influx of seed money, much has been written about the fact that start-ups that are taking far more funding than they need. At the beginning, it’s important to do things that don’t scale, especially when it comes to customer acquisition. As Paul Graham said , “startups take off because the founders make them take off.

Guerilla 91

Guerilla Seed Money Vertical Early Stage 91