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7 Ways To Preclude The Most Common Investor Rejection

Startup Professionals Musings

Almost every early-stage startup who has approached investors for funding has heard the innocuous sounding rejection “I love your idea, but come back when you have more traction.” A graph that shows a hockey-stick “up and to the right” curve with at least three data points per key indicator is a great visual assist.

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Why The Haters are Wrong About Growth Hacking

Both Sides of the Table

“Growth hacking perpetuates this myth that you can magically achieve hockey-stick growth by using short-term “hacks.” “ I have always encouraged teams to think about growth as daily blocking-and-tackling rather than a dark art. I laughed as I did at much of his rant. He even used some terminology near and dear to my heart.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Seed-stage compatible: Like traditional equity VC investors, Flexible VCs accomodate early-stage investment risk within their portfolios better than a traditional RBI funder. Flexible VC creates early liquidity which can be either reinvested or distributed to LPs. Inaccessible to great majority of early-stage companies.

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How Much Traction is Enough for Investors?

Startup Professionals Musings

Almost every early-stage startup who has approached investors for funding has heard the innocuous sounding rejection “I love your idea, but come back when you have more traction.” A graph that shows a hockey-stick “up and to the right” curve with at least three data points per key indicator is a great visual assist.

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“Lessons Learned” – A New Type of Venture Capital Pitch

Steve Blank

You already have the hockey stick and exponential growth. Reply Dan Hodgins , on November 13, 2009 at 1:12 am Said: Hi Steve, Just listened to your “Retooling Early Stage Development&# for about the 10th time tonight as I was cleaning my room. The rest is just fluff. This is my new favorite post on your blog.

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From humble beginnings to market leadership: UiPath rings the NYSE bell!

Cracking the Code

After going $0 to $1mm in their first 10 years, UiPath has now hockey-sticked to over $600mm in revenue in 2020, and the automation market is still in early innings. Typically, it would take an early-stage start-up 12+ months to land a deal like this.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

In an early-stage startup especially, revenue is not an important goal in and of itself. Let’s start with a simple question: why do early-stage startups want revenue? This wasn’t very impressive, but we had two things going for us: A hockey stick shaped growth curve.

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