Startup Professionals Musings

JUNE 26, 2020

You may have heard that venture capitalists in Silicon Valley no longer read business plans. All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services. They want to see revenue to share in the return. Budget time and dollars for each.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Reid Hoffman

JULY 23, 2020

This week, I’d like to turn to the question of how current market conditions affect the approach entrepreneurs should take towards their exit strategy. This strategic value-oriented approach is one of the things that gives Silicon Valley its crazy reputation among traditional investors, who live and die by financial metrics.

IPO 36

IPO Exit Strategy Acquisition Technical Review 36

Steve Blank

NOVEMBER 18, 2016

While these acquisitions have teams of great researchers, they rarely contribute actual revenue generating products (because most never reached that stage when they were acquired.) They came together over a personal pain – the inability to afford a house in Silicon Valley. Exit Strategy.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Startup Professionals Musings

AUGUST 12, 2013

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. Your fifth-year revenue projections better be between $20M-$100M. Don’t forget to clearly outline the problem you are solving, before you give the details of your solution.

Angel Investor 252

Angel Investor Accredited Investor Silicon Valley Venture Capital 252

Steve Blank

NOVEMBER 18, 2016

While these acquisitions have teams of great researchers, they rarely contribute actual revenue generating products (because most never reached that stage when they were acquired.) They came together over a personal pain – the inability to afford a house in Silicon Valley. Exit Strategy.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Startup Professionals Musings

JULY 5, 2012

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. Your fifth-year revenue projections better be between $20M-$100M. Don’t forget to clearly outline the problem you are solving, before you give the details of your solution.

Angel Investor 245

Angel Investor Silicon Valley Exit Strategy Boston 245