article thumbnail

Why Even Silicon Valley Entrepreneurs Need a Business Plan

Up and Running

The cast of “Silicon Valley” Image credit: HBO. Silicon Valley is a crazy place. I’ve opted not to return to the Valley for various reasons, but still have plenty of friends who work there and return regularly for business meetings. But should most Silicon Valley companies skip the planning process?

article thumbnail

Austinites represent at SXSW 2018

Austin Startup

Friday, March 9 Attracting VC Funding Outside Silicon Valley Panel with HomeAway founder Brian Sharples & Capital Factory Director Gordon Daugherty We do a lot of things differently in Texas, including fundraising. Salon FG Bankrupt to Billionaire with SBA Administrator Linda McMahon & Headspring CEO Dustin Wells In business?—?as

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Entrepreneurship for the 99%

Steve Blank

Alex is a successful serial entrepreneur –with the same drive and energy of many we have known here in Silicon Valley, but different. Alex’s first insight was that the traditional “how to write a business plan” was as obsolete for Main Street as it is for Silicon Valley. Lessons Learned.

article thumbnail

Why The SBIC Doesn’t Work For Venture Capital Anymore

Feld Thoughts

If you want to see a fun quote on it, read A History of Silicon Valley which quotes: “ …many venture capital pioneers think the SBIC program did little to advance the art and practice of venture investing. ” And if you’re curious, it wasn’t too long ago that Silicon Valley was also dying.

SBIC 142
article thumbnail

How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

This money is administered by the SBA (small business administration) and is obtained through an approved bank who reviews your application. you can at least sleep better at night believing that this SBA Program met its intended goal. The goal of the program is in the name?—?payroll payroll protection. Nobody knows for sure.

article thumbnail

Should Founders Personally Guaranty Bank Loans?

ithacaVC

Silicon Valley Bank gets it. SBA programs (there are a bunch of them – the general theme is that the SBA partners with the originating bank and guarantees a large % of the loan on the bank’s books) require personal guarantees from major stockholders. This includes founders.

Founder 69
article thumbnail

Entrepreneurs are Everywhere Show No. 26: Javier Saade and Hillary Hartley

Steve Blank

Javier explained how the SBA helps drive entrepreneurship in the U.S.: Entrepreneurship stretches from Main Street to Silicon Valley, from startups to big companies. He also co-founded three companies: a broadcasting network, Air America Media, a solar energy company, Atenergy and a branding agency, Brand Maestro.