Startup Lessons Learned

MAY 31, 2019

The reality today is that capital is more available than ever and entrepreneurs have become more sophisticated, so founders are looking for more than just cash from their venture backers. They’re looking for guidance on building the company, the ability to tap into a VC’s network, and help with potential business opportunities.

Lean 108

Lean Venture Capital Conversion IPO 108

Steve Blank

NOVEMBER 30, 2011

Bob had taken to heart the business model canvas and Customer Development lessons. After a demo and lunch, the VC (who normally did later stage deals) wrote my ex student a check for a seed round. The first thing that I noticed was that Bob couldn’t seem to find a co-founder. Life couldn’t be better.

Customer Development 333

Customer Development Cofounder Later Stage Software 333

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. The 11 Steps of Investing in Private Companies.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Both Sides of the Table

JUNE 28, 2010

He says they are just as selective on seed investments as they are in later stage deals. Finally, I do want to mention that Mike was the founder of DogPatch Labs , which has facilities in Cambridge, New York and San Francisco. I’ve already started the business modeling. Founded 2007 in Boulder, CO.

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

Reid Hoffman

MARCH 9, 2021

Looking back, I believe that Jeff is one of most iconic, successful founders and CEOs of all time. These innovations are impactful, but there are also ample opportunities to innovate purely on the business model. That’s a statement of business innovation, not technological innovation. THE CORE OF GREATNESS: FOCUS.

Leadership 45

Leadership Technical Review Cofounder Later Stage 45

Reid Hoffman

JANUARY 19, 2021

That’s because the making of the company relies on the founders, the CEO, the executives, the team members–in other words, the people who are putting in 80 to 100 hours per week, rather than the board members who are putting in one to two hours per week. Right now, our whole bet is on the CEO and the founders and making them successful.

Startup 36

Startup Cofounder Advertising Hiring 36

Both Sides of the Table

FEBRUARY 14, 2016

Most venture capitalists who have been in this business for a long time foresaw this correction and have been talking about it privately for the better part of the last year or two. So the multiples paid by publics matter and when they drop, the late-stage markets drop, too. Must more slowly because there is less frequent pricing.

Valuation 150

Valuation Down Round Startup Later Stage 150

Reid Hoffman

OCTOBER 17, 2018

This meant hiring someone who had experience with much bigger organizations, the idea being that their experience would come in handy at a later stage. The Darwinian competition is so fierce that your organization needs to be all-in on the current stage of scaling. In today’s startup world, this rule no longer applies.

Finder 28

Finder Rhode Island Cofounder Engineer 28

This is going to be BIG.

DECEMBER 26, 2011

What's the business model? I think you'll see a lot of focus on companies like Tumblr, Twitter, Foursquare and Pinterest--services that haven't really established a business model yet to justify their sky high valuations.

Technology 121

Technology Valuation Community Restful 121

Steve Blank

SEPTEMBER 2, 2015

Richard Witten , special advisor on entrepreneurship to the President of Columbia University ; and Kathryn Minshew , co-founder of the popular online career platform TheMuse.com both joined me in Sirius’ New York studio and shared their version of being knocked down and coming back stronger. If you can’t hear the clip, click here.

Entrepreneur 120

Entrepreneur New York Cofounder Equity 120

abovethecrowd.com

JULY 7, 2015

Efficiently communicating your strategy, business model, and competitive differentiation is required for many critical things you will do as a company. You will raise more money at later stages. You will do business development meetings. But, going deck-less can be a risky move, and here is why.

Warrant 40

Warrant Later Stage Forecast IPO 40

Ben's Blog

AUGUST 17, 2020

When speaking with founders and private growth investors, we hear countless references to “multiples paid” on current or near-term revenue; both obsess over this because a higher multiple translates to a higher valuation. But Wall Street expects Incredible Software Co. On a growth adjusted revenue multiple basis, Solid Software Co.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

techcrunch.com

OCTOBER 23, 2010

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. Why was it ok for you to have no talent but a great idea and label yourself a co-founder of a company but advise against it for anyone else? and Google.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

techcrunch.com

FEBRUARY 19, 2010

Been there Done that This is very depressing for all future founders, or even currently early stage founders. A little piece of advice for future founders: find something that turns revenue quick, profitable and cash flow positive quick and forget about fantasy businesses that take a decade to turn profitable like twitter!

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Steve Blank

MAY 9, 2017

The founders were simply wrong about their assumptions about customer needs. It turns out the term “visionary founder” was usually a synonym for someone who was hallucinating. Founders Need to Run the Company Longer. So, almost like clockwork 20 th century startups fired the innovators/founders when they scaled.

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

Up and Running

DECEMBER 9, 2014

They cover funding for small businesses from the initial funding stage to later stages of growth, and other areas in between. My founders and I started the company about three years ago. I’m the CEO of Executive Speaking Success and I’m a long-time entrepreneur. Bates: It sure is.

Small Business 95

Small Business Finance Forecast Metrics 95

David Teten

MARCH 18, 2021

(co-written with Stephane Nasser , co-founder of OpenVC , an open-source initiative to collect and analyze all VC theses.). OpenVC is a new, open-source initiative to collect and analyze all publicly available VC theses, to help founders more efficiently find the right investors, and vice-versa. Technical founders .

Technical Review 78

Technical Review Cofounder Venture Capital B2B 78