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. You can tell me all you want about how many patents were filed at Columbia or wherever, or what they do in revenues—the future of the innovation in NYC is not in hard technology.

New York 132

New York CTO Hire Technical Review New York City 132

Both Sides of the Table

JUNE 13, 2018

As a VC and former entrepreneur let me offer you some advice. The mistake entrepreneurs make is either writing a lengthy email (everybody has too much email so it will get skimmed / not digested) or not having a deck which means the VC can’t quickly determine his or her fit as a potential investor. The key is WHAT you send.

Portfolio 261

Portfolio IP Later Stage Email 261

Duct Tape Marketing

APRIL 27, 2023

02:15] What’s a typical day of turns for an entrepreneur? [03:25] So, I mean, what's a typical day of turns, you know, look like for an entrepreneur? In the day of an entrepreneur. Finally, it’s important to be adaptable and learn from hindsight to make better decisions in the future. These are all factors that matter.

Technical Review 63

Technical Review Cofounder Kansas City Tulsa 63

Both Sides of the Table

OCTOBER 6, 2010

But in my experience as an entrepreneur and now spending my time amongst investors I can generalize that almost all VC investments in early stage technology & Internet investments come down to just four key factors. This post was prompted by an email exchange I had with a young entrepreneur. I was interested in learning more.

Early Stage 360

Early Stage Startup Venture Capital Seed Stage 360

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

Steve Blank

MAY 26, 2009

You don’t need to worry about any Intellectual Property (IP) issues. The next week another team, working on a new type of solid oxide fuel cell, remarked, “Professor Blank, in our industry there’s a ton of patents and stuff and people tell us we shouldn’t be out there unless we start patent protecting all our IP.” Yeah, I said.

Vertical 156

Vertical Silicon Valley Intellectual Property RSS 156

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

maplebutter.com

JANUARY 8, 2013

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? If you’re an Entrepreneur, you can do it from any place in the world. How important is education when I know I want to be an entrepreneur?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Startup Lessons Learned

AUGUST 26, 2020

It just so happens that my disposition will always lean toward the health of human beings, it is part of who I am. 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. And then I, of course, need revenue for this." I talk nice.

Fresno 60

Fresno Community Technology California 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

grasshopperherder.com

SEPTEMBER 24, 2011

I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. The company did have some revenue and paying users, but not enough to make any judgement on the company’s future prospects. The company with all the revenue is Company C. Lean startup (26). Valuations.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

Startup Lessons Learned

SEPTEMBER 11, 2009

This single decision wound up costing the company significant revenue and over the course of several months sent its customer growth into decline. You should know that there are thousands of entrepreneurs who read this blog, some of whom are working on new platforms that will see the light of day someday. Thank you so much.

Community 158

Community Management Lean Software Review 158