Steve Blank

NOVEMBER 13, 2012

By then, I had become a venture capitalist at Mitsui Sumitomo Insurance and found myself talking to a lot of entrepreneurs who were proclaiming their great technology yet were struggling with little revenue, and claiming they were “crossing the chasm”. Maysee now enjoys hockey stick revenue growth.

Japan 300

Japan Customer Development Developer Customer 300

Steve Blank

FEBRUARY 16, 2010

You would think that would be enough to get wrong, but entrepreneurs and investors compound this problem by assuming that all startups grow and scale by executing the Revenue Plan. All discussion focused on “missing the revenue plan.”. Revenue Plan Needs to Match Market Type. They don’t. What went wrong?

Revenue 232

Revenue Balance Sheet Hockey Stick Burn Rate 232

Startup Professionals Musings

APRIL 6, 2016

Most new teams are geographically dispersed these days anyway, so paying rent for an office should be differed to later stages when revenue is plentiful. Favor profitability over revenue and user growth. Use your equity for key executives and business partners. Barter services for access to required resources.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Startup Professionals Musings

SEPTEMBER 7, 2013

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Organic growth (reinvesting profits only) will not allow you to build the “hockey stick” growth curve desired by premium buyers at exit, or financial analysts positioning you for public stock sale.

Hockey Stick 278

Hockey Stick Intellectual Property Startup Non-Compete 278

Startup Professionals Musings

FEBRUARY 14, 2016

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Organic growth (reinvesting profits only) will not allow you to build the “hockey stick” growth curve desired by premium buyers at exit, or financial analysts positioning you for public stock sale.

Hockey Stick 120

Hockey Stick Intellectual Property Non-Compete Business Model 120

Startup Professionals Musings

JANUARY 11, 2015

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Organic growth (reinvesting profits only) will not allow you to build the “hockey stick” growth curve desired by premium buyers at exit, or financial analysts positioning you for public stock sale.

Hockey Stick 120

Hockey Stick Intellectual Property Non-Compete Business Model 120

thebarefootvc

DECEMBER 16, 2011

Discovery, in contrast to search, took center stage as Pinterest displayed hockey stick growth (and raised VC money near a $200M valuation in late 2011). The viral nature of social media no doubt aided this growth, as did improvements in the online shopping experience.

Technical Review 110

Technical Review India Mobile Hockey Stick 110

Agile VC

JANUARY 27, 2012

Revenue ramp of Groupon and Zynga –> Kleiner famously said Zynga was the fastest growing company they’d ever invested in , no mean feat for the original backers of Google, Amazon, Netscape, etc, and Groupon might be the fastest ever startup to reach $1B in revenue. Previous Entries. Avatars by Sterling Adventures.

Hockey Stick 113

Hockey Stick Seed Stage Silicon Valley Syndicate 113

Steve Blank

NOVEMBER 8, 2010

This results in a much slower adoption curve – the classic hockey stick. New Market Revenue Curve. TiVo had plenty of other battles to fight: competition, issues with channel partners, patent battles, as well as the movie studios, cable companies, broadcast networks and advertisers who all wanted TiVo dead.

Hockey Stick 275

Hockey Stick Customer Development Silicon Valley Networking 275

Austin Startup

DECEMBER 7, 2010

As consumer technology companies begin to get off the ground and make forecasts, there is the inevitable user adoption hockey stick that rockets the local user count to ridiculous heights with no market budget but significant “viral effects&# and “social media.&# In addition to the Do512.com

Hockey Stick 66

Hockey Stick Houston Austin Chicago 66

Hippoland

AUGUST 8, 2018

Forget about traction and hockey stick growth. Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. don’t think about at all.

Founder 48

Founder Sales Cycle Affiliate Retention 48

Hippoland

AUGUST 8, 2018

Forget about traction and hockey stick growth. Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. don’t think about at all.

Founder 48

Founder Sales Cycle Affiliate Retention 48

David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching Revenue-Based Investing and other new approaches to VC. The question I’m asking myself: should a new VC fund use Revenue-Based Investing, traditional equity VC, or possibly both (likely from two separate pools of capital)? Greater transparency to limited partners.

Revenue 60

Revenue SBIC Cofounder Venture Capital 60

Up and Running

AUGUST 21, 2014

The other thing that they’re going to ask you is average revenue per account or per user or per customer. You need to understand how much money is brought in by each individual account or user when looking at the overall revenue. It’s what’s going to make you most attractive to an investor. If we increase our-.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Up and Running

APRIL 28, 2015

Slide 5: Revenue model. Investors see “hockey stick” projections all the time and will mentally be cutting your projections in half. This can often be in the form of intellectual property licensing from a university or a key distribution partner who will be taking your product to market. Remember to try and be realistic.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Cracking the Code

APRIL 21, 2021

It was a difficult time of exploration and iteration, as many founders experience, and it took 10 long years to build the company from $0 to $1mm in revenue, a difficult phase. After going $0 to $1mm in their first 10 years, UiPath has now hockey-sticked to over $600mm in revenue in 2020, and the automation market is still in early innings.

Leadership 62

Leadership Hockey Stick North America Europe 62

Up and Running

MARCH 11, 2015

It’s to highlight some of the key parts of your opportunity and what makes it so amazing that whoever it is that you’re talking to, whether it’s a bank, or an investor, or a family member, or a potential business partner, that they are on the edge of their seat and they ask for your full plan, and they want to know more.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

ConversionXL

APRIL 3, 2019

million; Total revenue: $97.5 Impact of Implementation without testing: Baseline run rate: $100 million per year; Test lift: 10%; Test duration: 12 months; Negative impact: $10 million; Total revenue: $90 million. They also brought in an enabling partner from an outside agency. It costs money to learn.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114