Startup Professionals Musings

OCTOBER 8, 2023

That means you need to lead with your credentials, rather than your disruptive technology. Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. To be fundable, fifth year revenue projections need to be in the $20-$100 million range.

Venture Capital 265

Venture Capital Accredited Investor Syndicate Syndication 265

Growthink Blog

DECEMBER 27, 2017

Demonstrate your team’s unique unfair competitive advantage, whether it is technology, stellar management team, or key partnerships. Detail all revenue streams. Be sure to include all revenue streams. Uses of funds could include expenses involved with marketing, staffing, technology development, office space, among other uses.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Startup Professionals Musings

SEPTEMBER 28, 2015

Too many entrepreneurs look for that one magic bullet -- an exciting new technology, perhaps, or their own determination to make the world a better place -- to override any shortcomings in their startup model. Validated pricing and a sufficient revenue stream. This will lead to investor-return calculations and exit strategies.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Up and Running

SEPTEMBER 19, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your funding ask and exit strategy, if applicable. Technology. If you are in the extraction end of the business, read up on technologies that will optimize your operations. Be specific. Your operations plan.

Business Plan 154

Business Plan Technical Review Forecast Exit Strategy 154

Startup Professionals Musings

MARCH 10, 2023

External investors expect a documented business plan, with clear targets on funding needed, use of funds, revenue projections, return potential, and exit strategy. Formalize the use of tools and information technology. Team building status and plan. Show that you have a process to hire, fire, and train others as required.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

OCTOBER 12, 2020

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. Don’t waste your resources on the wrong ones. Early or embryonic stage.

Incubator 429

Incubator Startup Exit Strategy Institutional Investors 429

Up and Running

JANUARY 2, 2013

I’ve raised close to $1 million from angel investors for my previous technology start-ups. Your Revenue Model : Investors tend to care about this slide the most. Your Financial Projections : Show what you’re projecting in revenue (per product) over the next three to five years. How will you make money?

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

YoungUpstarts

SEPTEMBER 19, 2018

The market is constantly changing due to technology, cultural and regulatory shifts. Or look for another revenue generating angle. Also, find a mentor who has done something similar and discovered an exit strategy for their business. Never take your eyes off the ball. Take it apart if necessary and spin-off bits of it.

South America 113

South America Software Review Thailand Vietnam 113

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your funding ask and exit strategy, if applicable. The operations section of your business plan covers how your business works, from the logistics to the technology. Do they self-pay or use insurance? Be specific.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

MARCH 13, 2020

For example, every investor I know can tell you about meeting a passionate entrepreneur who is pitching a great technology innovation, but has not done the financial homework on making it a good business. > Market penetration and revenue targets related to opportunity size. Back up your projections with a simple financial model.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

Startup Professionals Musings

JANUARY 27, 2021

That means you need to lead with your credentials, rather than your disruptive technology. Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. To be fundable, fifth year revenue projections need to be in the $20-$100 million range.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

Berkonomics

JUNE 22, 2023

Can this business grow to above $20MM to $50MM in annual revenues? Sometimes, an idea is just too early for the available technology to make it attractive. Do anything you can to develop compelling products or early prototypes as proof of ability to reduce technology risk. Is there an exit strategy for the investor(s) over time?

Exit Strategy 114

Exit Strategy Technology Revenue Conversion 114

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Early entrants get sold to corporate acquirers at inflated prices for their teams, their technology, and their tools. . Producers of the technology shake out or fail.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Startup Professionals Musings

NOVEMBER 4, 2011

It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. In most cases, a Microsoft Excel spreadsheet is adequate, with projection formulas for revenue, costs, and cash flow over the next five years. Finalize your financial model.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

JUNE 7, 2020

External investors expect a documented business plan, with clear targets on funding needed, use of funds, revenue projections, return potential, and exit strategy. Formalize the use of tools and information technology. Team building status and plan. Show that you have a process to hire, fire, and train others as required.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

They’ve heard rules of thumb like “A growing software company is worth 5 times their trailing 12-months revenue.&# Even narrowing the field as much as feasible, revenue multiples varied between 1.2x The “Multiples&# argument does work well in industries where company’s growth and revenue is highly predictable.

Sales 260

Sales Channel Cofounder Valuation 260

Up and Running

MAY 17, 2017

Plus, you’ll always be prepared in case an opportunity or desire to sell arises in the future—it’s a smart idea to have an exit strategy. Even with technology acquisitions or unique purchases where tech is the main asset driving the acquisition, the company’s ultimate goal is to leverage that technology to drive ROI.

Acquisition 92

Acquisition Technical Review Revenue Exit Strategy 92

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. It could be a user base, a dataset, a unique technology, or some combination of the above factors. That gave us the power to choose our exit strategy.

IPO 36

IPO Exit Strategy Acquisition Technical Review 36

Startup Professionals Musings

SEPTEMBER 23, 2010

It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. In most cases, a Microsoft Excel spreadsheet is adequate, with projection formulas for revenue, costs, and cash flow over the next five years. Finalize your financial model.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. While there was an occasional bad apple, the public markets rewarded companies with revenue growth and sustainable profits.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Up and Running

MAY 15, 2018

Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. Your business model must show the potential to increase the revenue with minimal expenditure in the coming months or years. Your business idea itself needs to be scalable.

SBA 84

SBA Angel Investor Technical Review Startup 84

Women Entrepreneurs Can

JUNE 3, 2021

Having shared values & vision also means you have thought about an exit strategy for your business. Many businesses can hit headwinds despite having viable business models and growing revenue streams and not just having crossed the bare threshold of “product market fit.”

Partner 52

Partner Technical Review Cofounder Georgia 52

Startup Professionals Musings

DECEMBER 28, 2018

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. Don’t waste your resources on the wrong ones. Early or embryonic stage.

Incubator 236

Incubator Exit Strategy Institutional Investors Angel Investor 236

SoCal CTO

FEBRUARY 17, 2007

They are quite happy with a business that will turn into a profitable $20M company and dont necessarily need an obvious exit strategy. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. Technology Jobs in Southern California – a Rebound. in Computer Science.

Incubator 150

Incubator Technical Cofounder Southern California Los Angeles 150

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your funding ask and exit strategy, if applicable. The operations section covers how your business works, from the logistics to the technology. Technology. Be specific. Team: Who is on your management team?

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Startup Professionals Musings

AUGUST 27, 2012

Solution product & technology. Describe your technology patents and “secret sauce”. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Implicit in this is the go-to-market strategy. Project both revenues and expense totals for next five years, and past three years.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

JULY 27, 2018

As a technology buff, I’m all too sensitive to the common investor complaint that technical people often end up selling yet another “solution looking for a problem,” because they are so impressed with their technology. Your solution may include leading technology, but if available to competitors, the lead won’t last.

Product 145

Product Intellectual Property Liquidity Event Exit Strategy 145

Startup Professionals Musings

AUGUST 13, 2012

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Exit strategy.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Early entrants get sold to corporate acquirers at inflated prices for their teams, their technology, and their tools. . Producers of the technology shake out or fail.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Startup Professionals Musings

MAY 13, 2011

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Exit strategy.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

JUNE 10, 2011

Solution product & technology. Describe your technology patents and “secret sauce”. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Implicit in this is the go-to-market strategy. Project both revenues and expense totals for next five years, and past three years.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Up and Running

NOVEMBER 12, 2018

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. Financial summary : Project your revenue for the first few years. Companies that become a big subset of your revenue are likely strategic alliances, though, which is a later section. Key customers.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

MAY 4, 2015

Describe your revenue model. State your exit strategy. You could include a brief product demo that shows off your technology, or more details about your smart and efficient business model that you might not otherwise have had time for. Describe your successes. Define your target market. Outline your competition.

Technical Review 60

Technical Review Entrepreneur Software Review Houston 60

David Teten

SEPTEMBER 23, 2017

VCs tout themselves as frontier technology investors, but most are using the same infrastructure tools they have used for the past 20+ years: Excel and recent college grads searching Google. According to Knowledge.VC , under 5% of US VCs have a full-time team member focused on technology. . But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

BeyondVC

JULY 31, 2008

As an aside, I worked with JEGI two years ago and they did a fantastic job helping us sell Moreover Technologies to Verisign. One of the next phases of growth and large revenue opportunities will be driven by what is captured every time you click on a page and move from site to site. Exit Strategy.

Jordan 60

Jordan Exit Strategy IPO Semantic 60

Startup Professionals Musings

MAY 19, 2010

Solution product & technology. Describe your technology patents and “secret sauce”. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Implicit in this is the go-to-market strategy. Project both revenues and expense totals for next five years, and past three years.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

Up and Running

MAY 1, 2014

Technology : If you are a technology company, it’s critical for your business plan to describe your technology and what your “secret sauce” is. You don’t have to give away trade secrets in your business plan, but you do need to describe how your technology is different and better than other solutions out there.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163