Tim Keane

DECEMBER 14, 2009

  He is a partner in a pretty much exclusively software seed stage fund, Y Combinator that you can read more about.    A low burn rate is a pearl of great price.    It provides lots of options that high burn rates take away.    A low burn rate is a pearl of great price. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

VC Cafe

FEBRUARY 6, 2011

Jussi Laakkonen , CEO & founder of Applifie, summarized it well: We recently raised our seed round at Applifier and it was led by a silicon valley seed fund MHS Capital, whose general partner is Mark Sugarman. It’s likely that the investors don’t know you, so try and find warm intros from people in your network.

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

techcrunch.com

FEBRUARY 26, 2013

He knows how to advise entrepreneurs on hiring/firing, running teams, managing funding, when/how to control burn rate, and making other tough management decisions in the real environment of startups. How do I measure my partners and myself?

Burn Rate 87

Burn Rate Hiring Engineer Entrepreneur 87

Startup Professionals Musings

MARCH 6, 2012

One family partner works for a startup, and the other sticks with a large enterprise company like Intel, HP, Apple, IBM, or Fujitsu. The large enterprise provides one stable income, an excellent set of benefits for the family, and that partner can get off work at 5pm to pick up the kids. Start networking.

Silicon Valley 246

Silicon Valley Burn Rate Startup Stock Options 246

Startup Professionals Musings

JANUARY 4, 2011

One family partner works for a startup, and the other sticks with a large enterprise company like Intel, HP, Apple, IBM, or Fujitsu. The large enterprise provides one stable income, an excellent set of benefits for the family, and that partner can get off work at 5pm to pick up the kids. Start networking.

Silicon Valley 227

Silicon Valley Burn Rate Startup Stock Options 227

Steve Blank

JUNE 1, 2011

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. 3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. From a VC’s point of view there are two reasons for board meetings.

Silicon Valley 300

Silicon Valley Business Model Venture Capital Balance Sheet 300

Steve Blank

JUNE 1, 2011

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. 3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. From a VC’s point of view there are two reasons for board meetings.

Silicon Valley 273

Silicon Valley Business Model Venture Capital Balance Sheet 273

Both Sides of the Table

JUNE 17, 2017

They don’t want high burn rates but they will never fund slow growth. Is the revenue dependent on a concentrated set of distribution partners or platforms that put future revenue at risk? Revenue When I look at an income statement I start by focusing on the revenue line. For example, look at the following graph.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Professor VC

JANUARY 27, 2008

I think this same concept plays into what Ive seen happening a lot more in the venture community: partners at VC firms jumping back into entrepreneurial ventures. or one or more exits as a start-up founder, you were enticed to become a partner on Sand Hill Road, or as some call it, jumping over to the dark side. ► January. (1).

San Jose 28

San Jose Technical Review Angel Investor Venture Capital 28

Both Sides of the Table

MARCH 30, 2016

Mark dutifully went to partner meetings, back-channel references began, firms started calling existing VCs to “test prices” and we started debating whom our best partner would be. 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

MARCH 10, 2009

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Angel Investor 28

Professor VC

APRIL 7, 2011

My partner in Menlo Incubator , Gary Kremen , and I had a recent debate on which one of us hates convertible debt more. Don't Stop Believin' Is There Any Truth in "The Social Network"? ProfessorVC. The last blogger in Silicon Valley. Thursday, April 7, 2011. Why I Hate Convertible Debt.Let Me Count the Ways.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Startup Professionals Musings

APRIL 23, 2016

Extend network through startup organizations. Despite the Internet, networking is still a person-to-person activity. Be prepared to ask some hard questions, including current traction, burn rate, and runway before the next cash infusion. Make a list of questions to validate viability.

Startup 120

Startup Burn Rate Cofounder Salary 120

Professor VC

JANUARY 27, 2011

Don't Stop Believin' Is There Any Truth in "The Social Network"? Part of it was the out of the box thinking and turning the typical venture investment thesis upside down. A Lot of Horn Tooting over a Kazoo sized deal. ▼ January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► July. (1).

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

VC Cafe

APRIL 27, 2011

VCs should aim to provide comprehensive data to their portcos on industry benchmarks, burn rates, market research, competitive analysis, etc. Facilitate networking – host monthly or bi monthly roundtables for your companies and entrepreneurs. Create events around guests arriving from abroad or experts in a vertical area.

Venture Capital 90

Venture Capital Differentiation Incubator Angel Investor 90

Professor VC

FEBRUARY 12, 2008

Once the point is reached where you want to move ahead, we put the sales hat on and convince our partners about the incredible opportunity that we are lucky enough to be able to invest on the ground floor. This was the beginning of the dot com bust and getting a consumer deal through the partners at my venture firm was next to impossible.

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

ReadWriteStart

JUNE 13, 2011

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. From a VCs point of view there are two reasons for board meetings.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Both Sides of the Table

FEBRUARY 14, 2016

Many experienced partners are funds have 7-10 boards and most of these will need more capital. Social networking finally came of age connected the planet and leading to enormous wealth creation for Facebook employees and investors. Huge funding increases lead to massive wage inflation, rent inflation and thus higher burn rates.

Valuation 150

Valuation Down Round Startup Later Stage 150

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. Partner well. When you’re starting a business to build your own luck, you don’t often have a lot of start up capital. How do you balance it all?

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Both Sides of the Table

JULY 13, 2013

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 all in on the company, and they’re doing well. ” “Okay, well you can be an operating partner or a venture partner.”

Cofounder 337

Cofounder Technical Cofounder Startup San Diego 337

Professor VC

JANUARY 17, 2008

A partner from the law firm (sponsor, covers the drinks and food) tosses out some softball questions to the panelists, the audience chimes in with Q&A and finally, culminates with the meet and greet where the panelists are flooded with business cards and pitches on the next great thing, which is often very similar to the last great thing.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Steve Blank

SEPTEMBER 3, 2014

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. Speed keeps cash burn rate down while allowing you to converge on a repeatable and scalable business model. All great in theory but simply wrong.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

VC Cafe

JULY 6, 2010

There’s no way to do cloud storage for free, so Libox has developed a way to let you take advantage of the storage you already own, along with your network of friends and family, to make free multimedia sharing possible, instead of using expensive cloud computing. Our burn rate is very low and the technology is very scalable.

Media 84

Media Management API HTML 84

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. I have enough sense at 46 to have 2 business partners that are in their 60s and one of them is our CEO. I know who I am and what I can do and what I cant do.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

Austin Startup

NOVEMBER 11, 2017

We knew we would solve the problem faster by having access to the Techstars network and accelerator program (5000+ founders, mentors and investors worldwide) Learn how to scale our business and automate sales and csm by exporting our SaaS in a foreign and huge market: the US. This is usually represented in terms of months.

Burn Rate 54

Burn Rate Product Cofounder PR 54

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. But it's not a binary decision.

API 44

API Valuation Lean Burn Rate 44

Professor VC

JANUARY 17, 2008

I put up my Bodega Partners web site in 1995 and it served its purpose for a number of years, but I just didnt spend the energy to keep it current and finally just took it down last month. Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January.

Silicon Valley 31

Silicon Valley San Jose Angel Investor Venture Capital 31

Professor VC

FEBRUARY 26, 2010

Rather than going through their networks or targeting specific sectors for deal flow, they are going to rely on an algorithm to select companies. My first reaction is incredulity that limited partners would buy into this idea. Don't Stop Believin' Is There Any Truth in "The Social Network"? Well, Im back.

San Jose 28

San Jose Silicon Valley Venture Capital Angel Investor 28

Professor VC

JANUARY 20, 2009

million from Lighthouse Capital Partners , which ultimately became critical to our balance sheet and they turned out to be a great partner as we worked through the equity financing process. Some were also dealing with issues of limited partners struggles with capital calls and asset allocations. We drew $1.5 ► January. (1).

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

Startup Lessons Learned

MARCH 13, 2009

Establish credibility with potential partners. You need to combine your product with others, and this requires partners like OEMs or system integrators. A marketing launch can help you get in the door with those partners, if youre having trouble getting their attention. Do some Customer Development instead.

San Francisco 168

San Francisco PR Lean Early Stage 168

www.chubbybrain.com

SEPTEMBER 28, 2011

At the end, I asked myself what are the most critical resources I need to be successful and the answer was partners and developers. Post-Mortem Title : Untitled Partners Post-Mortem. Company : Untitled Partners. Post-Mortem Title : Key Lessons from Cryptine Networks’ Failure. Company : Cryptine Networks.

Software Review 79

Software Review Startup Technical Review Vesting 79

Professor VC

NOVEMBER 19, 2009

However, for most of the rest of us, the analytical skills honed in college or grad school, along with the opportunity to network and explore different fields prove invaluable later. If you have a reputation for cutting corners, not treating employees or partners right, it will become very difficult to do business. ► January. (1).

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

thestartuplawyer.com

FEBRUARY 24, 2010

Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page Social Networks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page Social Networks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM

Cofounder 40

Cofounder Founder Preferred Stock Startup 40

Professor VC

SEPTEMBER 26, 2008

I spent most of the time with the reporter talking about Sand Hill Angels and how we add value to the start-ups and entrepreneurs that we partner with, which is why I just have a small mention in the article. Don't Stop Believin' Is There Any Truth in "The Social Network"? ► January. (1). ► 2010. (7).

Angel Groups 28

Angel Groups San Jose Early Stage Angel Investor 28

Professor VC

SEPTEMBER 24, 2009

I was a limited partner in Angel Investors, LP, Ron Conways fund in the late 1990s. Don't Stop Believin' Is There Any Truth in "The Social Network"? Lets get back to the topic of gut investing. A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7).

San Jose 33

San Jose Angel Investor Venture Capital Mezzanine 33

Startup Lessons Learned

MAY 15, 2020

Mark has been at the forefront of providing job stability and funding for his own employees and the networks that support them during the pandemic. Create local network effects and then go from there. We were one of the very first local area network and wide area network integrators. during S&L crisis. (36:43)

Dallas 68

Dallas Employee Government Social Media 68