This is going to be BIG.

FEBRUARY 22, 2010

A week or so ago, we launched the Key Hire Wire at First Round. You will hire (over time) and manage a field and inside team of Sales Directors and Market Developers, including for each direct report creating and managing goals directly tied to Company goals. I tried to make it a little more entertaining than your average job RSS feed.

Part-Time VPE 92

Part-Time VPE CTO Hire Engineer Sales 92

Up and Running

NOVEMBER 15, 2017

Sedibeng’s primary market advantages are their company culture, consistent “quality” branding, traditional brew recipes, and commitment to rural distribution. Hire an intern. Hire for growth. A weakness that may deter investors is NovOculi’s lack of relationship with the medical device distribution community.

Botswana 148

Botswana Business Plan Oregon Distribution 148

Both Sides of the Table

JULY 22, 2010

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. You’ll need to hire and retain talen to grow your company. This states how the proceeds from a sale or dissolution of the company will be distributed. That’s normal.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Reid Hoffman

DECEMBER 17, 2019

It’s become fashionable among some entrepreneurs, and even some venture capitalists, to badmouth the venture capital industry. But to paraphrase Winston Churchill, venture capital is the worst method for financing scaling startups except for all the others. All seven raised venture capital.

Venture Capital 36

Venture Capital Cofounder Silicon Valley Government 36

View from Seed

SEPTEMBER 4, 2018

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. We see innovation becoming more broadly distributed over time, and outlier companies being built in more and more places. Belief #1: The best time to invest is early.

North America 120

North America Seed Stage Early Stage Lead Investor 120

Steve Blank

APRIL 23, 2014

In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations. Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Both Sides of the Table

AUGUST 8, 2009

They tell you that they’re working on biz dev deals with distribution partners and they get the deals signed. They hire key staff. Tags: Pitching VCs Start-up Advice startup technology vc venture capital. Over deliver - The people who get funded are the people who actually get things done. Neither is the norm.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

Steve Blank

DECEMBER 10, 2009

Copyright gives you the right to prevent others from copying, distributing or making derivatives of your work. If you hire subcontractors or friends to do some work, get assignment agreements as well.). Posted in Technology, Venture Capital. Tags: Technology Venture Capital. Copyright. In the U.S.

Intellectual Property 219

Intellectual Property IP Software Review Non-disclosure Agreement 219

The Startup Magazine

JULY 1, 2022

If you are providing a service, you will need to determine how to distribute your service and whether to offer it for free or charge for it. The most common types of financing are debt financing, equity financing, and venture capital. This includes hiring employees, marketing your business, and expanding your operations.

Technology 148

Technology Venture Capital Finance Startup 148

Steve Blank

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. For example, Coke added snack foods, which could be distributed through its existing distribution channels. As a consequence, companies are optimized for execution over innovation.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

Both Sides of the Table

SEPTEMBER 8, 2010

Recruits, hires, and retains the very best talent for the company. Hiring & Firing the CEO. Once you’ve been around for a few years, attracted some great people, landed real, paying customers and raised venture capital you’ve likely got a talented team around you. Selling the company.

Ireland 319

Ireland Sales Bankruptcy Germany 319

VC Adventure

AUGUST 16, 2020

Others feel less strongly about it and either don’t distribute options below a certain level of employee (say manager level) or have programs where employees need to be at a business for a period of time before they earn the right to have an option grant. It’s also important not to go crazy with the trade-off.

Programming 149

Programming Vesting Equity Software Review 149

David Teten

FEBRUARY 3, 2012

Following is a guest post from ff Venture Capital winter intern Max Segan , a Colgate senior majoring in computer science, who is starting at Facebook this summer as a software engineer. Here are my top 6 pieces of advice if you’re looking to hire: 1) Fast turnaround between interviews. Keep candidates engaged.

Engineer 138

Engineer Technical Review Software Review Algorithm 138

David Teten

SEPTEMBER 2, 2017

It’s hard enough to get a job at a venture capital or private equity firm; it’s even more complex to join as a Partner. These are many of the steps I went through when I joined HOF Capital. When I recently hired an attorney, I asked for referrals, and I got a very assertive advocate, Emily Campbell of The Campbell Firm PLLC.

Private Equity 60

Private Equity Venture Capital Equity Partner 60

David Teten

JANUARY 11, 2020

In the venture capital/private equity business, investors are B2B microinfluencers. PEVCTech.com , a community for investors and technologists responsible for investing in private companies, primarily at private equity and venture capital funds. Distributing content. Today, I do this manually.

Social Media 60

Social Media Technical Review Media Private Equity 60

This is going to be BIG.

JULY 30, 2015

You incorporate expected company returns, mortality rates, and fee structures to try to predict how a venture capital fund works from a cash in, cash out, and NAV standpoint. And no, the numbers don't exactly add up--but they're more than close enough for venture capital. Toss in a few acqui-hires in the $6-8mm post seed.

Venture Capital 60

Venture Capital Pre-Money Valuation IRR Valuation 60

Up and Running

OCTOBER 30, 2017

Depending on the size and goals of your venture, you may need to seek financing from an “angel” investor or from a venture capital firm. Investment and lending options include: Venture capital. Angel investment (similar to venture capital). Hiring staff. Commercial (banks). Finding a location.

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

David Teten

JULY 25, 2017

We have insight on the competencies of our companies’ personnel, and who is hiring or shrinking. with the announcement of a funding round, new senior hires, etc. This is roughly comparable to PRNewswire’s distribution service. – A tool to automatically update all databases (Crunchbase, CB Insights, etc.)

Portfolio 60

Portfolio Technical Review Private Equity Database 60

VC Adventure

AUGUST 15, 2018

Back in the olden days of venture capital, company boards had wide discretion in pricing company options. These costs have come down a lot since then, and the rules have been tweaked a bit but the overall 409A framework still is as it was when originally adopted – companies must hire a 3rd party to value their stock each year.

Valuation 48

Valuation Common Stock Cap Table Software Review 48

Both Sides of the Table

MARCH 25, 2016

Marketing with long payback is precisely what requires venture capital. dominated by a few very large incumbents who control much of the distribution or are you going into a market that is “fragmented” where nobody controls the industry. It would take 2 years to catch up but believe me they have the capital to do so.

Startup 150

Startup Seed Money DC Software Review 150

Both Sides of the Table

FEBRUARY 7, 2011

Again, Seth: “One of the things I noticed when I looked around at startups is that often the founding teams hired people just like themselves. He grew up in Connecticut attended Yale undergrad and worked for IBM after graduation doing M&A, strategy and venture capital. We then spoke about startups. For Meebo 1.3%

Connecticut 286

Connecticut Cofounder Silicon Valley Web 286

Both Sides of the Table

JUNE 17, 2017

If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

BeyondVC

JANUARY 3, 2019

In 2019, we’ll be doubling down on this effort as we are hiring a GM for our CXO Advisory Board & Network ( job description here ). While developers can now spin up applications faster than ever before, one of the downsides is the complexity of managing these distributed applications and technologies.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

Lean 260

Lean Internet Silicon Valley Venture Capital 260

This is going to be BIG.

AUGUST 25, 2011

The issue was that for the last two weeks in August, there were no VCs around to pitch, no distribution partners to meet with for biz dev deals, and seemingly no one else around actually working for me, the non-technical co-founder to push ahead toward milestones. Build up the top of your hiring funnel. Run an internal hackathon.

Technical Review 114

Technical Review Software Review PR Cofounder 114

Both Sides of the Table

OCTOBER 26, 2014

Contrary to popular opinion I actually believe crowd-funding is best used after seed capital or venture capital. If you haven’t yet raised an A-round my recommendation would be that you not yet hire a big, well-known PR firm. So if you think of a great PR firm as “distribution” you will do well.

PR 319

PR Venture Capital Hiring Seed Capital 319

Gust

DECEMBER 22, 2011

Copyright is the right to control reproduction and distribution of original works of authorship fixed in tangible forms of expression. This is often referred to in the creative community as a “ work-for-hire agreement.”. These often go by a long-winded title such as “Confidential Information and Invention Assignment Agreement.”

Intellectual Property 149

Intellectual Property Technical Review Software Review IP 149

Rob Go

SEPTEMBER 4, 2018

As the venture capital industry has evolved, more and more seed investors are passing on traditionally “seed stage” startups because there isn’t enough traction. We see innovation becoming more broadly distributed over time, and outlier companies being built in more and more places. Belief #1: The best time to invest is early.

North America 36

North America Seed Stage Early Stage Lead Investor 36

Steve Blank

SEPTEMBER 25, 2014

Larry had the DNA I’ve seen common with all the successful entrepreneurs I’ve backed in my 25 years of Venture Capital work—only he had a more exaggerated case than most. Being distributed/network ready (even though Ethernet was just barely coming into use in the enterprise). Hired the Smartest People.

Technical Review 334

Technical Review Venture Capital Software Review Database 334

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model?

Customer Development 241

Customer Development Developer Customer Silicon Valley 241

Steve Blank

JULY 19, 2010

The fallacy is believing that a founders value is evenly distributed over four years. Instead, it’s likely that after they do the hard work of finding the business model, the company will need to hire their replacement to grow the company to the next level. Filed under: Venture Capital. Preparing For Chaos.

Vesting 255

Vesting Liquidity Event Venture Capital Founder Vesting 255

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. Startups that win in the bubble will be those that get wide adoption (using freemium, viral growth, low costs, etc) and massive distribution (i.e.

Internet 334

Internet IPO Silicon Valley Agile 334

Startup Professionals Musings

AUGUST 31, 2010

By Adam Hoeksema According to a report distributed by the Angel Capital Education Foundation , total startup funding from venture capital funds, state funds, and angel investors totals approximately $20.8 billion annually. Have a game plan. Instead, you might consider a vision, strategy, and tactics plan.

Elevator Pitch 225

Elevator Pitch Angel Investor Startup Venture Capital 225

VC Cafe

OCTOBER 4, 2022

Existing service marketplaces : such as Fiverr, offering the option to ‘hire an AI’ to do the job. .” The more complex the service, the more defensible the marketplace (Source: Andrew Chen ). I see two types of developments in this space: 1. Fiverr design a logo – find a provider or use AI.

Generative AI 204

Generative AI Artificial Inteligence Video Architecture 204

Genuine VC

FEBRUARY 29, 2012

From an investment perspective, we’re believers in the theme of an increasingly “distributed workforce” in which organizations are more frequently utilizing talent where talent is. Perhaps it can work even in larger organizations in which the nature of the work is inherently distributed by nature. Where is its center of gravity?

Estonia 130

Estonia Startup Distribution Chicago 130

The Equity Kicker

SEPTEMBER 19, 2013

This point generalises to distribution deals for just about any startup. Our model is to help, transfer capabilities, assist as the company hires it’s own team and then get out of the way. Forward Startup general interest Venture Capital' That’s NOT using their reach to help you build your business.

Incubator 116

Incubator Venture Capital Early Stage New York 116

500hats.com

AUGUST 2, 2012

TL:DR : This post aims to recap significant changes in the venture capital industry over the past ten years, and then make some [biased] predictions as to major forces at play in the next five years. However, all three shifts are related and can be summed up simply as: Geeks are Taking Over Venture Capital.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74