Remove Business Model Remove Entrepreneur Remove Liquidity Event
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What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking

Steve Blank

While you might be interested in building a company that changes the world, regardless of how long it takes, your investors are interested in funding a company that changes the world so they can have a liquidity event within the life of their fund ~7-10 years. (A You’ve been funded to get to a liquidity event.

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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Part 1: Bend, Oregon Ecosystem and Entrepreneurs. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. Part 2: Early-stage Regional Venture Funds. ——-.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

The Golden Age for Entrepreneurs and VC’s. The two decades from 1979 when pension funds fueled the expansion of venture capital to 2000 when the dot-com bubble burst were the Golden Age for entrepreneurs and venture capital firms. Number of Venture Backed Liquidity Events 1991-2000. Here’s why. Source: NVCA.).

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How to Fund Your Startup Without Losing Control

Up and Running

Background: Adam Carlson is a serial entrepreneur who has successfully raised private capital at three different technology startups. That’s because at those levels the business is so small that the likelihood of needing to engage in contractually unanticipated strategic business activities is extremely high. Conclusion.

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Fund Raising is a Means Not an End

Steve Blank

For many entrepreneurs “raising money” has replaced “building a sustainable business” as their goal. When you take money from investors their business model becomes yours. Just as a reminder, a startup is a temporary organization designed to search for a repeatable and scalable business model.

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Why Pitching Your Product Is Not Enough For Investors

Startup Professionals Musings

As an occasional angel investor, I always ask for a business pitch to get me in the mood. I’m still amazed at how many technical entrepreneurs don’t have a business pitch, and offer me their product pitch or product spec instead. This implies high odds of a scalable business, simply needing an investment to lead to success.

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The New Deal – A Founding CEOs Value is Non Linear

Steve Blank

I’ll offer that both entrepreneurs and VC’s have the wrong model for founding CEO equity compensation. The customary vesting model has founders vest their stock over 4-years , and when the founding CEO gets in over their head the VC’s bring in professional management. Where’s My Liquidity Event.

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