David Teten

MARCH 14, 2018

– Build out low-cost force multipliers such as scouts , Advisors, Entrepreneurs in Residence, Venture Partners, and so on. Another example is Correlation Ventures ($300M+ AUM), a VC firm which co-invests in financings with at least one other new outside VC. – Launch a “ venture studio ” or “ foundry ”.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

Both Sides of the Table

APRIL 25, 2011

It’s nearly impossible to get a services company financed by VCs. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. You own the IP you create. You’re a small fish. This team is talented.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Steve Blank

FEBRUARY 25, 2014

a language corporate innovation groups can use to communicate to business units and finance. The heart of the therapeutics IRL also required “Proof of relevance” – was there a path to revenues fully articulated, an operational plan defined. data that investors, accelerators and incubators can use to inform selection.

Incubator 316

Incubator Intellectual Property Startup Lean 316

This is going to be BIG.

APRIL 27, 2010

So then, why are we teaching our students to trust fall without any revenues of their own to catch them? No revenues, no costs. Teach ‘em Finance and Chase or Accenture will come and pick ‘em up 30 at a time. It’s a recipe for failure. Bo from RoseTech even volunteered to videotape the sessions.

New York 132

New York CTO Hire Technical Review New York City 132

Growthink Blog

SEPTEMBER 13, 2017

The dream of every entrepreneur is to build a company successful enough so as to one day be able to attract a buyer to and for it. Company Scenario #2: A company with a solid revenue base - say more than $5 million in sales - but competes in an industry not one of great, current interest to buyers / investors.

Harvest 48

Harvest IP Software Review Forecast 48

Tim Keane

JANUARY 12, 2010

Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues.   Investors sometimes “present” the terms they’d like and expect the entrepreneurs to react. Term-sheets and Valuations: Thinking about Negotiations.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Early Growth Financial Services

DECEMBER 1, 2014

On this Cyber Monday, I wanted to share an important article from my dear friend and trusted IP lawyer Rachel Rodgers. Having been in business for 18 years, and worked with hundreds of entrepreneurs, I have either lived through or seen just about every mistake you can make in business. So you can do this too.

Intellectual Property 78

Intellectual Property Entrepreneur Naming Finance 78

Gust

SEPTEMBER 17, 2014

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. It’s like we need a finance 101 course for entrepreneurs.

Liquidation Preference 153

Liquidation Preference Valuation Term Sheet Stock 153

David Teten

JANUARY 28, 2019

Everyone wanted to work in finance. Piasecki, Yale ‘92 and an entrepreneur/investor, observed, “We should also consider how universities sometimes inhibit the development of their tech community. “CEO is the new Analyst.”. But now, the defining movie of today’s twentysomethings is “The Social Network”. ” Gregory W.

Affiliate 60

Affiliate Connecticut Programming Community 60

Both Sides of the Table

JULY 10, 2010

For entrepreneurs who want to learn about how to work with investment banks, how to position yourself to be acquired and what the IPO markets look like this is the episode to watch. You have to be selected to present and it is typically reserved for companies that have already raised early-stage capital and are well into revenue growth.

IPO 242

IPO Venture Capital Private Placement Cofounder 242

ReadWriteStart

OCTOBER 21, 2010

I am always fascinated by how innovative entrepreneurs get when faced with resource crunches. Vinod wants to raise a significant amount of money to buy out an IP vendor that sells semiconductor interconnect IP, and offer value added services around them. Read EDA Entrepreneurs: Build To Enjoy. D-Logic Inc.

Bootstrapping 113

Bootstrapping IP India Silicon Valley 113

VC Cafe

NOVEMBER 2, 2019

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? In SaaS the main benchmarks being measured are revenue growth, sales efficiency (unit economics), churn and burn rate.

B2C 141

B2C Technical Review Startup Retention 141

Austin Startup

AUGUST 20, 2017

Messy cap tables can come back to haunt you when you do a financing or sell the company. Keep a close eye on your competitors but also on your peer entrepreneurs in your town; they provide the context relevant to you. I am very surprised when that cool thing actually meets a customer need or drives revenue.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Steve Blank

DECEMBER 7, 2010

We have two great teaching assistants , plus we’ve rounded up a team of 25 mentors (VC’s and entrepreneurs) to help coach the teams. There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) What types of revenue streams are there?

Wiki 316

Wiki Lean Management Business Model 316

Gust

DECEMBER 8, 2011

I urge all entrepreneurs to consult and develop a good working relationship with a qualified startup lawyer. Sales contracts accounting for significant revenue. In the case of revenue contracts, they help pay for the related legal work. Caveat entrepreneur ! Employment handbooks and policies. Office and equipment leases.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Both Sides of the Table

DECEMBER 13, 2010

Since that date the S&P 500 is up 2.45% while Accenture stock is up 206% with revenue of $23 billion and a market cap of $32 billion. It’s why as an investor I look for talented teams with long-term vision, a unique point-of-view, differentiated IP and a desire to build something enduring. I love that.

Turkey 302

Turkey Differentiation IP Technical Review 302

Hearpreneur

SEPTEMBER 15, 2017

And like the LITERATI, professionals we work with are educated on how to market their business in order to increase revenue opportunities. We motivate and coach entrepreneurs to be warriors for their businesses, for their families and for their communities. an international voice over IP company, was sold to Yahoo!

Naming 97

Naming Entrepreneur Green LLC 97

news.ycombinator.com

SEPTEMBER 16, 2011

Investors are looking for proven entrepreneurs to enter this emerging market and they will get well funded too. His quote on the subject, "no amount of finance will cure mismanagement". In all the time Ive been an entrepreneur (over a decade), Ive built many successful businesses, sold my companies, etc. This is utter bullshit.

Stealth 41

Stealth Technical Review Startup Software Review 41

Startup Lessons Learned

JULY 15, 2020

That's why the Corona Initiative is a Public Benefit Corporation--a for-profit company dedicated to the public good that aims to fund its research with its revenues. He worked as an engineer and then went into finance for many years and then was recruited to be president of a biotech company, diagnostics company.

Technical Review 68

Technical Review Software Review Finance Technology 68

www.readwriteweb.com

OCTOBER 7, 2007

The aim of many entrepreneurs is to take a business idea and convert it into a professional and functioning business on a low budget. Or the founders have taken on a small amount of seed financing, just enough to get them into the market. Bootstrapping is a potentially very exciting prospect to an entrepreneur.

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

OnlyOnce

DECEMBER 3, 2010

It’s an important topic — as entrepreneurs build businesses, they frequently end up creating new revenue opportunities and go off on productive tangents. Look at the example of Occipital building the Red Laser app, then selling it to eBay to finance the rest of their business. one is B2B, the other is B2C).

Non-Compete 67

Non-Compete B2C IP Valuation 67

Austin Startup

MARCH 26, 2019

25 questions that DTC entrepreneurs should ask themselves before scaling customer acquisition So you run a direct-to-consumer (DTC) brand. To help with that, I’ve created a non-exhaustive list of questions to serve as a lightweight reference sheet for any new DTC entrepreneur. What happens at 3X? Will you ship internationally?

Technical Review 49

Technical Review Software Review China Acquisition 49

blog.simeonov.com

FEBRUARY 22, 2010

Even if you are an experienced entrepreneur, you’ve probably only seen a few founder agreements in your life. It outlines key points of agreement between founders around IP ownership, equity ownership, vesting, etc. Those related to other matters: IP assignment, invention disclosure, non-solicitation, non-competition, termination, etc.

Founder 44

Founder Vesting Agile Startup 44

maplebutter.com

JANUARY 8, 2013

If you’re an Entrepreneur, you can do it from any place in the world. I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. If you’re a young entrepreneur, than congrats!

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Up and Running

MARCH 11, 2015

Another assumption is that you’ve actually conducted due diligence on your own business, and these are the areas of your team, financials, your competition, your IP, market trends, because the best pitches I’ve ever delivered were when investors were raising their hands and asking me questions about, “How is your IP protected?”

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

A Smart Bear: Startups and Marketing for Geeks

AUGUST 8, 2012

All you’ve proven is that you can make $200 a month in revenue off of some basic websites. If you did that, now you’ve got something like one or $2,000 a month of revenue, proving that this is interesting. Jason: In revenue. Jared: That takes revenue that I don’t have yet. Let’s say they all do it.

API 220

API Software Review Hosting Technical Review 220

Steve Blank

MAY 4, 2009

But without sales there is no revenue, and without revenue there is no company. All the strategic thinking in the world won’t make up for a missed revenue plan. If sales revenue and profits are high enough, we could take the company public or sell it, and the stock would be worth more than the paper it was printed on.

Silicon Valley 132

Silicon Valley RSS Non-Compete California 132

Startup Lessons Learned

AUGUST 26, 2020

Irma Olguin : Well, it's not glamorous, but the first I tried as an entrepreneur, it was out of necessity. He was our IP attorney. Even as entrepreneurs, fundamentally we're disrupting something, we're trying to do something in a way that it hasn't been done before. And then I, of course, need revenue for this."

Fresno 60

Fresno Community Technology California 60

Software By Rob

JANUARY 7, 2009

Join nearly 6,000 startup entrepreneurs by subscribing to my RSS feed. Im a serial web entrepreneur here to share what Ive learned in my 11 years as a self-funded startup founder. My original post discussed marketing and selling a software product, where achieving $2500/month in revenue is quite a task. #16 at 1:08 pm [.]

Software Review 52

Software Review Software Hosting Salary 52

www.currentlyobsessed.com

MAY 28, 2010

Currently Obsessed Joe Heitzeberg – Entrepreneur | Tech Geek | MBA Home About Me Joe Heitzeberg is an internet entrepreneur who has started and sold two companies. Entrepreneurs are generally too focused on pre-money valuation, and VCs know this. He tries to write things that havent already been written 9000 times.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

Hearpreneur

OCTOBER 20, 2019

Often entrepreneurs and business owners create their daily, weekly, quartely or yearly goals around their business. It could be more revenue, hiring clients or launching a new product or service, where setting goals presents a fresh opportunity to achieve different objectives. 8- Stop counterfeiting and IP infringement globally.

Papua New Guinea 65

Papua New Guinea Hawaii Advisory Board Churn Rate 65