Gust

DECEMBER 27, 2012

You should know EVERYTHING about your business, product, customers and competition. You should know every metric regarding customer acquisition, conversion and retention. You should have a crystal clear understanding of your business model and your financials. Your goal in all this is to try to find a lead investor.

Software Review 164

Software Review Term Sheet Technical Review Angel Investor 164

Hunter Walker

APRIL 17, 2025

In many ways, we fit their model, a primarily product led growth self service platform with good retention and a large global footprint of users. We ultimately signed a term sheet with a short exclusive period and finalized the transaction by July 18. They [Bending Spoons] knew about us, but didnt have extensive detail.

Covenant 77

Covenant Acquisition IPO Artificial Inteligence 77

Mucker Lab

AUGUST 27, 2014

If you took a random sample of 100 entrepreneurs here in LA, over 50% might not be able to tell you how to technically calculate 90-day cohort retention or how to build a cash flow statement. Encyclopedic knowledge of term sheets and startup buzzwords can be quickly learned, trained, and packaged.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

The Next Web

AUGUST 26, 2012

The metrics that matter the most are returning customers (user retention), turnover per customer and viral growth (k-factor). Make sure you check and understand the term sheet and overall deal. The terms should allow you to drive in order to arrive at the first destination safely. Raising money takes time.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

Steve Blank

APRIL 1, 2020

Some VC’s are walking away from signed term sheets. Remember, a year from now no one wants to be the CEO of a company out of business whose lament is, “I did what the board told me to do.”. Days 3 and 4: Prepare new business model and operating plan. Others are cutting their valuations.

South Korea 334

South Korea Salary Business Model China 334

Steve Blank

FEBRUARY 26, 2020

For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?). Team, Product, Traction, Business Model and Market. Business Model.

Cofounder 433

Cofounder Seed Stage Valuation Metrics 433

www.vccafe.com

MARCH 11, 2013

customer retention, churn reduction, lifetime value. small business CRM. TechStars Model Seed Funding Documents â?? WSGR Term Sheet Generator. Orrick, Herrington Term Sheet Generator. Founders Institute Plain Preferred Term Sheet â?? broken vc model. Business Culture. Custora â??

Software Review 53

Software Review Technical Review Israel Startup 53