Startup Professionals Musings

JULY 1, 2017

The hottest new way of funding startups is to use online sites, like Kickstarter , to request donations, pre-order, get a reward, or even give equity. This source is a major focus these days, due to government initiatives to incent research and development on alternative energy and other technologies. Get a loan or line-of-credit.

Product Development 177

Product Development Cost Developer Product 177

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Goals for the Hacking for Defense Class.

Oakland 306

Oakland Asia Lean Video 306

Startup Professionals Musings

FEBRUARY 19, 2013

The hottest new way of funding startups is to use online sites, like Kickstarter , to request donations, pre-order, get a reward, or even give equity (coming soon). This source is a major focus these days, due to government initiatives to incent research and development on alternative energy and other technologies.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

Nevertheless, it’s an option that doesn’t cost you equity. The hottest new way of funding startups is to use online sites, like Kickstarter , to request donations, pre-order, get a reward, or even give equity. In general, banks won’t give you a loan until the business is cash-flow positive, but there are notable exceptions.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

ReadWriteStart

JUNE 1, 2020

Forms of funding. ? Equity investment. Equity investment is the most popular and most talked-about avenue for startup funding. These investments are made instead of shares or equity in your startup. Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ?

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JULY 8, 2015

Nevertheless, it’s an option that doesn’t cost you equity. The hottest new way of funding startups is to use online sites, like Kickstarter , to request donations, pre-order, get a reward, or even give equity. In general, banks won’t give you a loan until the business is cash-flow positive, but there are notable exceptions.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

genylabs.typepad.com

SEPTEMBER 24, 2011

Emergent Research works with corporate, government and non-profit clients. Working for Equity Instead of Cash. has an article on service firms waiving their fees and instead taking equity in their clients. At the same time I had equity in a company that was in horrible shape with no hope of survival. Disclosure Policy.

Equity 40

Equity Technical Review San Jose Stock 40

Feld Thoughts

NOVEMBER 18, 2013

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. So why would you treat your debt investors (somewhat) like equity investors?

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Startup Lessons Learned

AUGUST 19, 2019

We’ve spent a lot of time this past year running Lean Startup tests on our annual flagship conference to really nail down what you’re most interested in. Our goal—again, based on feedback—is to continue broadening the reach of Lean Startup and embracing the numerous ways people are using it.

Lean 68

Lean Programming San Francisco Silicon Valley 68

Up and Running

NOVEMBER 15, 2017

A potential business opportunity for Sedibeng Breweries is a government-subsidized export operation, ideally to target markets in neighboring countries that are very similar to their target markets in Botswana so that Sedibeng’s strong marketing campaign can remain consistent. Expansion. Example SWOT analysis: Botanical Bounty.

Botswana 148

Botswana Business Plan Oregon Distribution 148

Steve Blank

JULY 20, 2015

In my interview with Errol, we discussed the origins of the National Science Foundation Innovation Corps (I-Corps), how and why it was created, and how it changed the way the government commercializes scientific research. And right about that time you were publishing your notes to the Lean LaunchPad course in spring of 2011, Stanford, E245.

Government 120

Government Channel Southern California Lean 120

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. And others are from unusual folks we don't normally think of as entrepreneurs, from corporate managers to government agencies.

Lean 167

Lean Startup Metrics Private Equity 167

Steve Blank

OCTOBER 26, 2013

It’s a model for a government program that’s gotten the balance between public/private partnerships just right. The program pays scientists $50,000 to attend the program and takes no equity. universities teaching the Lean LaunchPad curriculum organized as I-Corps “nodes” across the U.S. Lessons Learned.

Lean 264

Lean Washington Incubator Agile 264

Both Sides of the Table

SEPTEMBER 10, 2021

And there is so much money around being thrown at so many entrepreneurs that many firms don’t even care about board seats, governance rights or heaven forbid doing work with the company because that would eat into the VCs time needed to chase 5 more deals. A seed round these days is $3–5 million or more!

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Steve Blank

DECEMBER 30, 2014

Our Lean Launchpad® for Life Sciences is one of them. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 262

San Diego North Carolina Chicago Lean 262

Startup Lessons Learned

OCTOBER 11, 2016

Guest post by by Jennifer Maerz, contributing editor of Lean Startup Co. A big part of adopting Lean Startup in an established company involves fundamentally shifting the way organizations manage people and ideas. It translates to our documents but also to our salaries and our equity models. So far the wheels haven’t fallen off.

Agile 60

Agile Lean San Francisco Technical Review 60

Up and Running

APRIL 2, 2015

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. See Also Introducing Lean Planning: How to Plan Less and Grow Faster. Business plan.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

Steve Blank

APRIL 8, 2022

Innovation incorporates lean methodologies (customer discovery, problem understanding, MVPs, Pivots), coupled with speed and urgency, and a culture where failure equals rapid learning. Integrate and incent the Venture Capital/Private Equity ecosystem to invest at scale.

Security 219

Security Silicon Valley China Private Equity 219

Steve Blank

JULY 2, 2015

military and are now helping government agencies operate with the speed and urgency of Silicon Valley. — — — — In this second segment, Takashi Tsutsumi and Masato Iino talk about how they brought the Lean Startup to Japan. . The focus of our first segment is how Silicon Valley and the U.S.

Channel 120

Channel Japan Bosnia Silicon Valley 120

Startup Professionals Musings

DECEMBER 15, 2014

Even a small investor in the early days will take a large equity percentage, due to that pesky valuation challenge. Focusing on the burn rate and prioritizing every possible expense will keep overhead down, help you stay lean, and achieve a higher profit earlier. Don’t give up a chunk of your company and control before you start.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

Startup Professionals Musings

JUNE 28, 2013

Even a small investor in the early days will take a large equity percentage, due to that pesky valuation challenge. Focusing on the burn rate and prioritizing every possible expense will keep overhead down, help you stay lean, and achieve a higher profit earlier. Don’t give up a chunk of your company and control before you start.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Gust

DECEMBER 7, 2014

Even a small investor in the early days will take a large equity percentage, due to that pesky valuation challenge. Focusing on the burn rate and prioritizing every possible expense will keep overhead down, help you stay lean, and achieve a higher profit earlier. Don’t give up a chunk of your company and control before you start.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Steve Blank

JUNE 2, 2011

It’s time to ask why startup board governance has failed to keep pace with innovation. The result – an instant technology cluster – with equity at a fraction of Silicon Valley prices. Victor Hugo. When The Boardroom is Bits. Board meetings that guide startups haven’t changed since the early 1900’s. It’s time for a change.

Silicon Valley 284

Silicon Valley Business Model Early Stage Venture Capital 284

Austin Startup

FEBRUARY 18, 2019

So like many of the topics I try to lean into with a bit more thought than a tweet, I’ve decided that I just may be uniquely equipped to answer a question that has recently been asked of the city I love. “Is Is Austin racist?” candidate, Lakeya Omogun, recently called disingenuous. But it’s not too late to turn back. So is Austin racist?

Austin 90

Austin South Carolina DC Texas 90

Austin Startup

OCTOBER 4, 2017

This means that an increase in overall value should normally offset the loss of additional equity paid out. Since the note is convertible, it will become equity in the future and typically does so at a discount due to the increased risk the investor took when giving you the note. It is worth looking into. Don’t blow it all now.

Dilution 59

Dilution Valuation Equity Balance Sheet 59

The Equity Kicker

JULY 8, 2019

Most investors thought of their job as picking good companies and making sure governance was strong. The watershed moment in entrepreneurship becoming more science than art as probably Eric Ries’s publication of The Lean Startup in 2011 (although some would argue for Steve Blank’s Four Steps to the Epiphany in 2005).

Portfolio 84

Portfolio LP Venture Capital Partner 84

www.scottporad.com

NOVEMBER 15, 2010

What may actually work is approaching somebody and telling them, “look, I have 50k to get this prototype up and running, you can either take it all, or get some cash and equity if you like my idea and you think it’s gonna work&#. Mark 15 Nov 10 at 3:11 pm [.] to help him develop the idea.

Fractional CTO 40

Fractional CTO Developer Philadelphia Seattle 40

Startup Lessons Learned

AUGUST 8, 2012

This post was co-written by Eric Ries and Sarah Milstein , co-hosts of The Lean Startup Conference this fall. Last week , we announced the date and venue for The Lean Startup Conference: Dec 3 - 4, 2012 at the InterContintenal in SF. Where have applied a lean approach to a new problem we haven’t considered?

Lean 164

Lean Houston Continuous Deployment Technical Review 164

David Teten

OCTOBER 1, 2015

Not surprisingly, the list above also is ranked from least to most equity stake in an investment for the investor, relative to the cash they invest. How would one set up such a startup to eventually raise capital from outside VCs, who will be wary of ‘dead equity’ (i.e., equity that belongs to departed cofounders)? The cliffs?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Austin Startup

APRIL 4, 2020

Each HOA is like their own government. So now, after looking at the differences between the more common differences between a house and a condo, are you leaning towards one or the other? Some buildings have higher fees than others, and some have more frequent fees, if they are older buildings. They have their own rules and regulations!

Austin 62

Austin Search Lean Equity 62

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Vision Synching in a Lean Startup - Startup Marketing Blog , November 12, 2010 In the age of the lean startup , we often forget about the importance of vision.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Steve Blank

MARCH 19, 2020

He teaches the Lean LaunchPad class at Stanford with me. Award equity to employees equal to the value of their reduced salaries. Some companies, and perhaps some governments, may default. And the minute he talks about financing I shut up and take notes. He sent this message to the CFOs of his companies yesterday.

Salary 329

Salary Lean Equity Government 329

The Next Web

JANUARY 27, 2013

Four books helped me out a lot over the last few years: Four Steps to the Epiphany by Steve Blank, Running Lean by Ash Maurya, The Four Hour Workweek by Timothy Ferris and Rework by Jason Fried & David Heinemeier Hansson. We all know these people, most often working at large corporates or even the government. You’re not alone.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

Steve Blank

OCTOBER 8, 2012

Feeders include the government, universities, investors, mentors, service providers and large companies. He points out that some of these, government, universities and investors think of themselves as the leaders and Feld’s thesis is that we’ve gotten it wrong for decades. Role of Government. Incubators and Accelerators.

Community 334

Community Silicon Valley San Francisco Venture Capital 334

This is going to be BIG.

MAY 10, 2021

That’s the thing about someone who is a government systems wonk. They want the government to stay out of their way but they definitely want the government to come and ticket the car blocking the driveway, to stop construction noise, and to solve homelessness but definitely not to put low-income housing on their street.

Campaign 144

Campaign New York Minneapolis New York City 144

View from Seed

NOVEMBER 7, 2019

But there is also opportunity in lean times. Late stage rounds help keep companies private longer and eventually Facebook proves to be a blockbuster company… public equity investors hope to find the next Facebook pre-IPO. Companies are retrenching, VC firms are going through their own upheavals, and IPOs are non-existent.

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IPO Early Stage Cofounder B2C 202

Startup Lessons Learned

AUGUST 10, 2020

We need to wait for the government to fix it." You’ve got to build equity value." Government is. But at the same time, if schools get closed or weird, you can lean much more heavily on them. If school has to close, if it's shift based, whatever, just lean as heavy as you need to lean on Khan Academy.

California 60

California Silicon Valley Framework China 60