article thumbnail

Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. The cost side of the equation is also important.

article thumbnail

Now Any Accredited Investor Can Invest in Texas Startups with Capital Factory and AngelList

Austin Startup

While the Texas weather is preferable to New York City and the cost of living preferable to San Francisco, there are many more reasons that entrepreneurs are flocking to Texas. Capital Factory has partnered with AngelList Rolling Funds to better meet the needs of today’s investors. it has been decades in the making.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Founder Interview: Bill Walsh on Eliminating Small Business Failure

The Startup Magazine

When reaching out to existing clients, should business look at what kinds of services can be strategic and cost-effective to business owners? Get access to low cost capital. Call all of your best customers. The secret is sustainability during the most difficult of times. Pay attention to our leaders. Ask for Referrals.

article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. There are also fund ops costs that need to be factored into this number too. There are also fund ops costs that need to be factored into this number too. Health care and benefits also fit under this.

Salary 48
article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. There are also fund ops costs that need to be factored into this number too. There are also fund ops costs that need to be factored into this number too. Health care and benefits also fit under this.

Salary 48
article thumbnail

Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

With nearly 2/3rd of all VCs citing cost-cutting in 2016 as the norm — this is a clear indication that winter made an appearance. This past year was also the year that startup boards also got more disciplined about containing burn rates and pushing for companies to be run more pragmatically. This chart surprised me the most.

article thumbnail

Chronic Under-financing of EU Start-ups Driven by Mindset

Babbling VC

We keep hearing about lean start-ups and how much costs have dropped when launching and growing a business. Initial costs are peanuts to get something up and running. Therefore, it's an illusion to think that you can get by raising far less nowadays if you want to deliver the necessary returns venture capital calls for. .

Finance 76