Steve Blank

APRIL 10, 2019

Investors bet that by offering prospective hires a stake in the company’s future growth- with a visible time horizon of a payoff – employees would act more like owners and work harder– and that would align employee interests with the investor interests. Much has changed about the economics of startups in the two decades.

Stock Options 333

Stock Options Stock Vesting Common Stock 333

Growthink Blog

MAY 23, 2011

With this seed capital – more often than not totaling between $100,000 and $1,000,000 - the company accomplishes a number of key technical milestones, gets a beta customer or two, and then goes on a "road show" to venture capitalists around the country for capital to “scale” the business. Venture capitalists Cut Tough Deals.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Both Sides of the Table

FEBRUARY 23, 2010

I’ve seen way too many startups spend all their energy getting channel deals done only to find out that they don’t produce ANY revenue. You decide to go out and hire a sales rep. The price points are not as high as your beautiful Excel spreadsheet had forecasted when you raised your seed capital.

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Channel Startup Sales Partner 293

View from Seed

APRIL 23, 2015

Additionally, if you’re talking to VCs, it’s implied that you’re thinking big and thinking about a large acquisition or IPO, as well as generating hundreds of millions in revenue. Note that many were included in our pitch deck templates for raising seed capital. You can find those here. ).

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Founder Distribution Viral Seed Stage 120

Steve Blank

MAY 9, 2017

For life sciences it was the Genentech IPO in 1980 that proved to investors that life science startups could make them a ton of money. In this business environment, hiring a new CEO who had experience growing a company around a single technical innovation was a rational decision for venture investors. That’s no longer the case.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222