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Rustam Gilfanov: “The Business Plan Of A Startup Is A Test Of The Idea’s Survival Potential”

YoungUpstarts

In 2006, Rustam Gilfanov, together with his partners, opened an international outsourcing IT company in Kyiv. Today, this company is the largest software developer for the gaming industry, marketing and finance.

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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. Between 2006–2008 I sold both companies that I had started and became a VC. I had realized that I didn’t have it within me to be as good of a player as many of them did but I had the skills to help as mentor, coach, friend, sparing partner and patient capital provider.

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Rally Software Acquired By CA Technologies for $480 Million

Feld Thoughts

Congrats to my friends at Rally Software on the announcement that they’ve signed a definitive agreement to be acquired by CA Technologies for $480 million. Ryan had a vision for an integration web-based system to layer on top of all of this to help support and manage the software development process.

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Start Up and Stay Up – How Small Businesses Survive & Thrive

The Startup Magazine

I started my Philadelphia area home appraising business in 2006. There is software available that automates this task for you. This software will also help you create the customer email list you will use to notify former clients or customers of special promotions or sales. People read reviews. By Brad Harley.

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When Should You Allow Exclusivity in Deals?

Both Sides of the Table

So that we’re speaking the same language I would define “exclusive” as a period in which your company is prohibited from doing business with certain customers or business partners, which is why many incorrectly assume this is necessarily bad. Why Exclusivity Matters to Your Customers or Business Development Partners.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. I had really positive experiences such as working with Greg Gretsch at Sigma Partners where he championed us to a partners’ meeting where we sort of got crucified. Tempus Fugit.

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Are Business Plans Still Necessary?

Both Sides of the Table

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 That died with waterfall software development. I’m not even talking about your 12-page Powerpoint presentation that you need to raise venture capital or to talk with potential biz dev partners. Ditto for enterprise software companies.