Startup Professionals Musings

JUNE 26, 2020

You may have heard that venture capitalists in Silicon Valley no longer read business plans. Include marketing, sales, and customer rollout plans. Outline a viable exit strategy for you and investors. For the rest of us, we need a business plan, as well as a product plan.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

OCTOBER 14, 2023

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.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Startup Professionals Musings

JANUARY 31, 2021

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.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Up and Running

SEPTEMBER 10, 2014

I’m a mom, a full-time sales manager, and recruiter. I don’t have an MBA and I don’t live in Silicon Valley. Entrepreneurs need to find a way to get traction (sales) without funding. It’s because pitching is making a sale and all sales are made emotionally and followed up with logic. What does that mean?

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Steve Blank

SEPTEMBER 14, 2009

billion for a company with less than $50 million in sales. 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? Steve Blanks 30 years of Silicon Valley startup advice.

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. The larger company has to decide, “What you do is key to one of my strategies, so I’ll buy you.” That gave us the power to choose our exit strategy.

IPO 36

IPO Exit Strategy Acquisition Technical Review 36

Startup Professionals Musings

JANUARY 31, 2015

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.

Business Plan 120

Business Plan Silicon Valley Startup Exit Strategy 120