Up and Running

FEBRUARY 22, 2013

I was expecting to be asked about my team, market segments, financial projections, go-to market strategy, exit strategy, etc. It’s actually a very good idea to have multiple budgets and financial forecasts developed in your business plan so that you can address three different growth models for scaling your business. #6

Software Review 147

Software Review Technical Review Due Diligence Exit Strategy 147

David Teten

SEPTEMBER 23, 2017

Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . I also am excited to see how vendors like Stackshare and Stacklist are helping founders identify the right tech tools for their business. Pitchbot.vc is an AI bot which helps companies refine their sales pitch to VCs.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). How do you balance it all? Be hyper-focused.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Up and Running

AUGUST 20, 2018

The most classic business planning scenario is for a startup, for which the plan helps the founders break uncertainty down into meaningful pieces, like the sales projection, expense budget, milestones, and tasks. A good financial plan goes a long way to help determine when to hire new employees or buy a new piece of equipment.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

MAY 21, 2015

When you hear of a company that sells for, say $10 million, most people assume that the founders are now multi-millionaires. See Also Planning for the Future: Your Exit Strategy. Liquidation preference. Any investor is going to want covenants in some form, and it’s not unreasonable that they do.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

Up and Running

AUGUST 16, 2017

No exit strategy for firing lazy co-founders. First of all, each co-founder should have a specific set of responsibilities with deadlines and consequences for failing to meet those deadlines. Choosing the right co-founder is as important as choosing the right spouse. Detailed financial projections are missing.

Business Plan 127

Business Plan Hockey Stick Cofounder Salary 127