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Spectacles and $SNAP’s $20B Valuation

Austin Startup

In summary: Snap’s current business doesn’t justify a $20B valuation. How can one justify a $20B valuation for Snap? The product that could most likely justify Snap’s $20B valuation is Spectacles. To be clear, I can’t forecast the details of how an augmented reality OS should work.

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Is the Lean Startup Dead?

Steve Blank

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Lean was designed to inform the founders’ vision while they operated frugally at speed. And if the company does go public, the valuations are at least 10x of the last bubble. The result?

Lean 335
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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

You don’t need to write a 200-page document, but you will need something to hand to your banker or investor that shows that there’s a market for the problem your business solves and includes your key financial statements and forecasts. . Having a solid business plan is going to help you make the case for a higher valuation.

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8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

You don’t need to write a 200-page document, but you will need something to hand to your banker or investor that shows that there’s a market for the problem your business solves and includes your key financial statements and forecasts. . Having a solid business plan is going to help you make the case for a higher valuation.

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Does Fintech Disruption Break The Investment Banking Model?

YoungUpstarts

The combination of services and infrastructure traditionally housed under one roof – underwriting, research, sales & trading, supported by large back office operations, and monitored by compliance systems – will remain at the sector’s core. At least for investment banks the answer is not so clear cut.

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The Virus Survival Strategy For Your Startup

Steve Blank

Here are a few thoughts about operating in uncertainty in a pandemic. Next, take a look at your actual revenue each month – not forecast, but real revenue coming in each month. If so, whatever revenue forecast and sales cycle estimates you had are no longer valid. And what’s in my lifeboat?”. Laying off people? ” exercise.

Burn Rate 436
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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Industry or Operating Experience? I know many VCs who don’t have operating experience and frankly some of them are fantastic. Summary: Team Leadership skills, operating knowhow and industry knowledge are all tremendously important. Now you’re talking. There are times you just need help getting s**t done.

Portfolio 364