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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. The plan must simply answer every relevant business question that you could imagine from your team, partners, and investors.

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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. The plan must simply answer every relevant business question that you could imagine from your team, partners, and investors.

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Can You Trust Any vc's Under 40?

Steve Blank

Each VC firm/partner has a different spin on what to weigh more.) Wouldn’t younger VCs with the incentive to climb the ranks internally be better champions of one’s startup and more likely to want to fuel growth, regardless of the exit strategy? I find the same still going on with a few firms and partners.&#

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How to Raise Startup Funding from Unlikely Angel Investors

Up and Running

I don’t have an MBA and I don’t live in Silicon Valley. That likelihood goes down if you are not in Silicon Valley or Boston. Angel investors come from a variety of ages, backgrounds, and professions. I’m not your average angel. I’m a mom, a full-time sales manager, and recruiter. I’m not active in an angel group.

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Startups Without Business Plans Are Expensive Hobbies

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. The plan must simply answer every relevant business question that you could imagine from your team, partners, and investors.

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Learn From the 5 Core Principles of Angel Investors

Startup Professionals Musings

In this case you need a partner who has deep domain knowledge and a track record of building businesses. Clearly spell out your business model and your exit strategy, so investors will know how you will make money, and how and when they will get their return. A complete business plan is always required.

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5 Angel Investor Biases That You Can Capitalize On

Startup Professionals Musings

In this case you need a partner who has deep domain knowledge and a track record of building businesses. Clearly spell out your business model and your exit strategy, so investors will know how you will make money, and how and when they will get their return. A complete business plan is always required.