Steve Blank

JUNE 1, 2011

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. There are no standards for what each side (board versus management) does.

Silicon Valley 301

Silicon Valley Business Model Venture Capital Balance Sheet 301

Steve Blank

JUNE 1, 2011

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. There are no standards for what each side (board versus management) does.

Silicon Valley 274

Silicon Valley Business Model Venture Capital Balance Sheet 274

philipsmith.typepad.com

SEPTEMBER 24, 2011

a year burn rate and your equity is worthless due to numerous recapitalizations and bridge loans from investors then either you don't get it or I'm stupid to do it. Someone in my network forwarded an email to me from a recruiting firm that is quite active in the Valley. Business Management. February 2011.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

Both Sides of the Table

JUNE 17, 2017

They don’t want high burn rates but they will never fund slow growth. Company 2 might represent an “ad mediation company” where the company gets paid by ad networks for running ads on publisher websites and the company in turn must pay the publisher 85% of the revenue it collects. The answer may not be known for many years.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Professor VC

NOVEMBER 14, 2011

and an investor in Right Side Capital Management (RSCM). I am curious about the rise of kickstarter type intermediaries who can manage the investment process and potentially make a single investment in a start-up. Don't Stop Believin' Is There Any Truth in "The Social Network"? Steve Bennet. ► January. (1).

SEC 54

SEC San Jose Angel Investor Accredited Investor 54

Professor VC

SEPTEMBER 26, 2011

Ive written previously about Right Side Capital Management (RCSM) , the latest in my post earlier this year, " How Much Diligence is Due. " (Full disclosure: I am an investor and adviser in RCSM.) Don't Stop Believin' Is There Any Truth in "The Social Network"? Well, I think I know the guys that can do it!

Technical Review 38

Technical Review Early Stage San Jose Angel Investor 38

Professor VC

JANUARY 27, 2011

If you want to skip to the end of the story, I ended up becoming an adviser and investing in the management company. Don't Stop Believin' Is There Any Truth in "The Social Network"? , I became intrigued by what they were doing and spent several hours with the team and looking into their research. ▼ January. (1).

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Startup Professionals Musings

APRIL 23, 2016

How you manage your “personal brand” on the Internet is indicative of an ability to manage a startup brand later. Extend network through startup organizations. Despite the Internet, networking is still a person-to-person activity. A non-professional or negative image will likely eliminate you from consideration.

Startup 120

Startup Burn Rate Cofounder Salary 120

Professor VC

MARCH 10, 2009

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Angel Investor 28

Professor VC

JULY 22, 2009

The burn rates of my portfolio companies is certainly top of mind right now, but thats not what this post is about. Well, our VP Operations at Fliqz, Daniel Marcus , dabbles in creating writing and music when not managing our data center. Don't Stop Believin' Is There Any Truth in "The Social Network"?

Burn Rate 28

Burn Rate Silicon Valley San Jose Angel Investor 28

Both Sides of the Table

MARCH 30, 2016

Word travels at light speed amongst this small network of people who all know each other and even though they’re rivals they also sit on boards together and many probably went to business school together. We had grown into a more reasonable burn rate so raising capital meant we would have many years of cash on the balance sheet.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Professor VC

MAY 29, 2008

The ACA is an interesting organization and is providing support in a number of ways to its member angel groups, from public policy, networking, sydnication, and best practices. Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1).

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

Professor VC

APRIL 7, 2011

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Professor VC

APRIL 1, 2010

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Professor VC

JANUARY 27, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

San Jose 28

San Jose Technical Review Angel Investor Venture Capital 28

VC Cafe

JULY 6, 2010

Our system is managed by a patent-pending combination of distributed, grid and peer to peer technologies along with sophisticated analytic algorithms to do the smart matching beween your media and the device. Our burn rate is very low and the technology is very scalable. Right now we only share within the Libox network.

Media 84

Media Management API HTML 84

Professor VC

NOVEMBER 13, 2008

Manage seasonal demand through pricing - Weather on the Oregon coast can range from gorgeous to downright nasty and can change from one of the other in a matter of minutes. Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1).

Oregon 28

Oregon San Jose Angel Investor Silicon Valley 28

Professor VC

FEBRUARY 26, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

Professor VC

DECEMBER 18, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Silicon Valley 28

Silicon Valley San Jose Technical Review Angel Investor 28

Professor VC

FEBRUARY 12, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

Up and Running

OCTOBER 1, 2014

Nelson has some tips: Know your burn rate. Don’t be scared to turn down “dumb money” Network like crazy. Buffer helps you with managing and scheduling your social media posts. Mailchimp and Mandrill are leaders in newsletter management. How do you balance it all? And as such it can be changed.”

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

ReadWriteStart

JUNE 13, 2011

An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup's life are burn rate and cash balance. There are no standards for what each side (board versus management) does.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Both Sides of the Table

FEBRUARY 14, 2016

Social networking finally came of age connected the planet and leading to enormous wealth creation for Facebook employees and investors. The US Fed has in essence held interest rates at zero for years and has undertaken quantitative easing to stimulate the economy. They had no such motive and no such power. Even Sequoia.

Valuation 150

Valuation Down Round Startup Later Stage 150

Professor VC

JANUARY 17, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Steve Blank

SEPTEMBER 3, 2014

He was using 3 rd parties to build his app but he had no expertise on how to manage external developers. The emphasis on the rapid development and iteration of MVP’s is to speed up how fast you can learn ; from customers, partners, network scale, adoption, etc. There were three problems with Dave’s startup.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

The Next Web

JUNE 15, 2015

Having a geographically strategic point of operations can flow on to other key factors that influence a startup’s expansion — the overall management of the new location, how it is viewed by consumers, and the level of generated exposure. But how does your first hire look like and how do you ensure that it will be the right choice?

Global 60

Global Burn Rate Startup CPA 60

pandodaily.com

JULY 18, 2012

While a 21-year-old with no mortgage, no girlfriend and a low-burn rate may have nothing to lose, a 40-year old with a career, a mortgage and kids has everything to lose. but eisenhower had his reasons -- for one thing, the mission was carefully planned and managed by seasoned battle-hardened grown-ups. Steven Kane.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

OnlyOnce

SEPTEMBER 30, 2020

That’s a really different team than when you need functional managers on top of engineering, sales, etc. Frequently, the CEO just taps her network for execs or for on-demand executives like the ones Bolster places — that could be asking board members or friends or advisors for suggestions.

Burn Rate 71

Burn Rate Leadership Search Curation 71

Bryce Dot VC

FEBRUARY 6, 2017

And not just a token “ramen” level of profitability: The startup is profitable, with January revenue of 10x its burn rate and sales expected to be in the millions for the quarter. we are seeing this trend at an increasing rate. In their funding announcement last week, the Text IQ team was careful to note their profitability.

Cap Table 40

Cap Table Burn Rate Dilution Bootstrapping 40

Both Sides of the Table

JULY 13, 2013

I started as a programmer, and then a database designer, and then a project manager, and I led conversion teams. And my specialty was computer networks. So I joined this group called Network Solutions, we did computer networking, the predecessor to the internet. And I’m now managing partner six years later.

Cofounder 337

Cofounder Technical Cofounder Startup San Diego 337

Steve Blank

APRIL 20, 2009

. * By the late 1930′s when HP started, a small group (measured in hundreds) of engineers who made radio tubes were building the valleys’ ecosystem for electronics manufacturing, product engineering and technology management. But in fact, most startups need to keep their burn rate low more [.] Who would have known?

Silicon Valley 303

Silicon Valley RSS San Francisco Technical Review 303

OnlyOnce

SEPTEMBER 30, 2020

That’s a really different team than when you need functional managers on top of engineering, sales, etc. Frequently, the CEO just taps her network for execs or for on-demand executives like the ones Bolster places — that could be asking board members or friends or advisors for suggestions.

Burn Rate 48

Burn Rate Leadership Search Curation 48

Hearpreneur

JULY 7, 2019

To build an app, you can purchase a cheap Chromebook, connect to an incredibly powerful array of supercomputers for next to no cost on AWS, and you can distribute your minimally viable product across large social networks like Linkedin and Facebook with just a key stroke. 10- Solopreneurs will join other progressive businesses.

Entrepreneur 102

Entrepreneur Distribution Employee Arizona 102

Seeing Both Sides

MARCH 2, 2011

The students concluded that the context around a venture matters tremendously - that smart phones, the explosion of apps and social networking all were important enablers that allowed foursquare to succeed at this particular moment in time. Modest burn : the company only raised $1.35 Monetization. Advertising isn't cool.").

API 44

API Valuation Lean Burn Rate 44

Professor VC

JANUARY 17, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Silicon Valley 31

Silicon Valley San Jose Angel Investor Venture Capital 31

Professor VC

OCTOBER 20, 2009

Don't Stop Believin' Is There Any Truth in "The Social Network"? I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due.

Angel Investor 35

Angel Investor San Jose Due Diligence Silicon Valley 35

Professor VC

JUNE 20, 2011

had mixed emotions when I read the the press release on the recent funding of iControl Networks. And this is a company that has managed to get an A+ list of investors and is executing very well. Don't Stop Believin' Is There Any Truth in "The Social Network"? The last blogger in Silicon Valley. ► 2010. (7).

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28