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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). Let’s take your revenue line. How will your costs scale as your revenue scales. Or lower revenue assumptions. Cisco and others went out to fill out their Web 2.0

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The Collapse of the VC Ecosystem & What It Will Look Like Post.

Altgate

Growth stage investors are usually the Series B or C investors who come in when the product is in the market but there is little or no revenue and the team is probably in the 20-something range with the goal to ramp it up to 40-50 employees with the new money, build out a sales team, etc. “dry powder&# ) and $1.5 Also, the $1.5

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

Hippoland

And if your fund does well – i.e. your companies either raise more money or they grow their revenues a lot – you also don’t make more money, because your salary is based on a percentage of your fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

And if your fund does well – i.e. your companies either raise more money or they grow their revenues a lot – you also don’t make more money, because your salary is based on a percentage of your fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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Keep the Good News Flowing - Pass the JOBS Act, Now

Seeing Both Sides

And, finally, finally, finally, we saw overwhelming bipartisan support from the House of Representatives in support of a bill that will help small businesses raise capital, called the JOBS Act, which passed 390-23 last week and is now being debated in the Senate.

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My dad said: “Never take on a business partner.”

Berkonomics

Rarely is there any formal written agreement memorializing these initial expectations and stating the consequences of non-performance or inability to make capital calls when required. The agreement was that he would retain all the revenues generated from those activities and that I would finance the company and manage it.

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