Steve Blank

APRIL 23, 2014

Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. buy out an entire company for its revenue and profits. buy out an entire company for its revenue and profits. Five Types of Innovation to Buy.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

VC Cafe

JANUARY 24, 2023

Putting gaming in context in 2023 While 2022 was the first year that saw mobile gaming revenue shrink by 5%, the number of downloads was overall up and session times remained the same, as I mentioned in my post on the state of Israeli gaming in 2023. What events sparked the major revolutions in business models and distribution? /1

Generative AI 103

Generative AI San Francisco Technical Review Europe 103

Both Sides of the Table

AUGUST 8, 2009

Your friends and advisers tell you that this means you need revenue because in this economy VC’s will only fund businesses with revenue. So if it’s not necessarily revenue that’s preventing an investment, then WTF is traction? Unfortunately your advisers are wrong. They hire key staff. Neither is the norm.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

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

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. Replay Plastics needs to investigate its options for obtaining capital. See Also: The Complete Sedibeng Breweries Business Plan. SWOT analysis for Sedibeng Breweries.

Botswana 148

Botswana Business Plan Oregon Distribution 148

David Teten

NOVEMBER 26, 2019

Andreas Rothe, CFO, Fragomen , observed, “One of the reasons for a budget is to align the various resources of the firm to projected revenues from clients and company objectives. Peter Nesbitt, VP of Finance at Teampay , said, “Forecasting is exceptionally challenging in practice, especially as end users drive an era of distributed spending.

Agile 60

Agile Management Forecast Silicon Valley 60

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 223

Silicon Valley IPO Technical Review Venture Capital 223

YoungUpstarts

NOVEMBER 20, 2019

by Lu Zhang, founder and managing partner of Fusion Fund. Competition from other startups and established incumbents, constraints on time and capital, and limited access to talent and technology resources are just a few of the hurdles nearly every first-time founder faces while trying to build a business. Be ready when it counts.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” Bill and his partner Fred Wilson have invested in ~30 or so companies with 27 still active.

Customer Development 223

Customer Development Web Developer Customer 223

This is going to be BIG.

MAY 5, 2023

It will be the 105th deal out of Brooklyn Bridge Ventures, the firm I started back in September 2012, and it will be the last deal I’ll be making out of my third fund. It will also be my last venture capital deal. For me, I don’t mind sharing how I think about it.

Later Stage 218

Later Stage Venture Capital Term Sheet Limited Partner 218

YoungUpstarts

JULY 16, 2020

If you want your business to grow faster by taking on investors and raising venture capital, you might want to switch your business entity from an LLC to a C Corporation. The C Corporation is often the best choice for companies that want to take on capital from investors or sell shares of stock.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

This is going to be BIG.

JULY 8, 2013

I probably get around a dozen e-mails a week asking me how to get into venture capital. On top of that, anytime I talk to anyone who wants to get involved in startups but isn''t sure what they want to do, inevitably, I hear, "And then I was thinking maybe I should look into venture capital, too.".

Venture Capital 167

Venture Capital Early Stage Portfolio Private Equity 167

BeyondVC

JANUARY 3, 2019

We had another solid year filled with learning, growth, laughter, and new projects and partners. Thanks to all of the amazing founders, advisors, co-investors, corporate partners, and others that helped make 2018 an amazing year. Welcome to our annual boldstart recap and enterprise predictions letter. First check to Series B?—?congrats

Stealth 79

Stealth Advisory Board Cloud Virginia 79

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. Companies horde cash and squeeze the most revenue and margin from the money they use. Instead of measuring success in dollars of profit, …firms focus on measuring capital efficiency.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

VC Cafe

SEPTEMBER 16, 2021

I’ve also shared my insights with Techcrunch, in “ 5 creator economy VCs see startup opportunities in monetization, discovery and much more “ As venture capital investors, one question we think about a lot at Remagine Ventures is “where are the opportunities for startups in the Creator Economy?”

Startup 207

Startup Social Media Venture Capital Audio 207

Both Sides of the Table

JUNE 17, 2017

70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue. Revenue When I look at an income statement I start by focusing on the revenue line. You need to understand the “quality” of the revenue.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

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

Startup Professionals Musings

MAY 14, 2012

There are dozens of sources to help you construct your business model, and a good example is a recent book by venture capital investor Elizabeth Edwards, simply named “ Startup ,” which is really designed as a handbook for launching a company for less. Distribution. How do you distribute your product or service?

Business Model 242

Business Model Distribution Viral Green 242

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

www.inc.com

SEPTEMBER 24, 2011

Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. Even with the turmoil in the capital markets in the second half of 2007, it was another record year for merger and acquisition activity. Graham is careful about whom he chooses to partner with. Will Work for Equity.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Professionals Musings

JANUARY 29, 2011

There are dozens of sources to help you construct your business model, and a good example is a recent book by venture capital investor Elizabeth Edwards, simply named “ Startup ,” which is really designed as a handbook for launching a company for less. Distribution. How do you distribute your product or service?

Business Model 246

Business Model Distribution Viral Green 246

YoungUpstarts

AUGUST 25, 2016

The trend toward launching without planning may be why the failure rate for venture capital-backed businesses is as high as 75 percent. Don’t start up until you know how you’re going to generate revenue (simple estimates will suffice). Calculate revenue by estimating monthly sales (customers x units x price).

Bootstrapping 100

Bootstrapping LLC Equity Revenue 100

Growthink Blog

SEPTEMBER 13, 2017

To illustrate, let’s investigate two typical company scenarios: Company Scenario #1: A company lacking great financial traction - slow revenue growth, little profit - but one that competes in an industry attractive to strategic and financial buyers. Many distribution, manufacturing, and service businesses fit this description.

Harvest 48

Harvest IP Software Review Forecast 48

Both Sides of the Table

JUNE 18, 2010

What a pleasure that I got to spend an hour talking with both Om Malik (whom I’ve always respected his views) and Paul Jozefak , a venture capital partner at Neuhaus Partners in Germany (and formerly the head of Europe for SAP Ventures). Paul discussed his perspective having been at SAP Ventures.

Venture Capital 225

Venture Capital Non-Compete Vertical Europe 225

YoungUpstarts

JUNE 24, 2014

by Matthew Sawyer, Managing Partner of Rocket Market Development LLC. According to the National Venture Capital Association , the amount of money that VC’s invested rose 8% to nearly $30 billion in 2013. Just get it done” is fine when entrepreneurs are starting out, but not when the work is distributed to a bigger team.

Startup 252

Startup Angel Investor Early Stage LLC 252

This is going to be BIG.

FEBRUARY 21, 2021

It’s the “hook” that gets a team noticed in a partner meeting. Or that venture capital is a meritocracy? This doesn’t take into consideration, however, that venture capital is a financial product—a product that works for some people and doesn’t work for others. Is it possible this gets to $100mm in annual revenue?

Venture Capital 162

Venture Capital Cofounder Deal Flow Later Stage 162

Both Sides of the Table

MAY 4, 2010

Had a great chat with Jim Armstrong who is a General Partner at Clearstone Venture Partners today on TWiVC. We also talked a lot about Geodelic , a portfolio company of Clearstone, who is trying to change the metaphor of how people discover location based information by partnering with large companies and brands.

IPO 236

IPO .Net Venture Capital Strategic Investors 236

SoCal CTO

MARCH 22, 2007

It seems that four different models of "discussion creation" have occurred: Organice Discussion - someone posts something interesting, lots of bloggers post on the topic, distributed discussion ensues. Charles Edge :: Partner, 318 Author :: Mac Tiger Server Little Black Book April 16, 2007 1:37 AM Shashank said.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Austin Startup

FEBRUARY 11, 2019

They focus on helping content creators and app developers create, identify, package and distribute those meaningful video highlights in ways that help them reach more customers and generate more revenue. I was living in Sacramento and had worked in venture capital with Intel Capital and a Sacramento-based VC fund.

Sacramento 73

Sacramento San Jose Startup Distribution 73

The Equity Kicker

MAY 14, 2012

achieving first revenues. breaking through revenue thresholds – e.g. run-rates of £1m, £5m, £20m and so on. signing distribution deals. demonstrating that signed distribution deals are working. achieving first revenues. breaking through revenue thresholds – e.g. run-rates of £1m, £5m, £20m and so on.

Finance 118

Finance Valuation Venture Capital Dilution 118

Growthink Blog

MAY 23, 2011

With this seed capital – more often than not totaling between $100,000 and $1,000,000 - the company accomplishes a number of key technical milestones, gets a beta customer or two, and then goes on a "road show" to venture capitalists around the country for capital to “scale” the business. There are a lot of dark, hard days.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . But in business, you want a lot of partners.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

MAY 16, 2016

This week teams figured out how to measure mission achievement and success, and our advanced lectures were on activities, resources and partners. In companies this would be product line extensions, more efficient supply chain, new distribution channels. In a company you know you’ve been successful when you generate revenue and profit.

San Diego 143

San Diego Metrics Indonesia Silicon Valley 143

Steve Blank

AUGUST 31, 2009

customers aren’t buying it, the cost of distribution is too high, etc.) Was the sales revenue model based on actually testing the hypotheses outside the building? Or at times an even more honest answer, “My senior partners say this is the only way to do it.” All of this is usually a bad idea.

Customer Development 241

Customer Development Developer Customer Silicon Valley 241

techcrunch.com

OCTOBER 13, 2012

He is on the board of the Angel Resource Institute, and is a partner with Montlake Capital (a late stage growth capital fund) and with Revenue Capital Management (a royalty based lender). This is absolutely competitive with venture capital returns. The distribution of returns from the different U.S.

Angel Investor 103

Angel Investor Venture Capital Seed Stage Silicon Valley 103

Austin Startup

DECEMBER 20, 2020

Follow Amber on Twitter @amberallen_aa #Gaming #Esports #VirtualReality #AugmentedReality #MixedReality #AmbersReality Andy Tryba recently launched a new company with Donald Park from Vista Equity, called Ionic Partners, after almost a decade running companies for Joe Liemandt.

Austin 110

Austin Texas Cofounder Los Angeles 110

www.readwriteweb.com

MARCH 7, 2011

Bryce Roberts , a partner at O?Reilly Reilly Tech Ventures, was so concerned about the network that he deleted his AngelList account. Since most companies have little to no revenue, who else has already invested in the deal is heavily weighted to prove value. To my surprise, VC? Follow McCann on Twitter @Mccannatron.

Technical Review 50

Technical Review Due Diligence Startup Angel Investor 50