Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. — Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. This seems to be occurring more and more. And while new markets were created (i.e.

Founder 281

Founder Technical Review CTO Hire IPO 281

Both Sides of the Table

JULY 29, 2010

People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). The downside is that people need to buy their stock. In fact, far better if you haven’t raised venture capital. Do it early.

Venture Capital 282

Venture Capital Term Sheet Valuation Stock Options 282

Agile VC

APRIL 17, 2011

Now that Google’s acquisition of ITA is closed, following lenghty FTC review, it would appear Kayak is poised to proceed with their IPO in the coming months. =. Kayak Software Corporation. Financial Snapshot: 2010 Revenue: $170 million. Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Scott Edward Walker

SEPTEMBER 28, 2011

Indeed, you must make sure that all of the shares of common stock issued by the corporation to the founders are subject to vesting restrictions – which means that ownership of the shares would vest over time (instead of all of the shares being owned outright on day one). code, logo, domain name, etc.) Vesting Restrictions.

Vesting 89

Vesting Software Review IP Intellectual Property 89

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Both of which are expensive and time-consuming. Government programs.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

SEPTEMBER 19, 2017

Currently, most ecommerce businesses have IT staff constantly running manual tests to confirm that their site is operating properly, or they manually create expensive software to run these tests. That is to say, they’d want to be able to control costs and revenues at a high level.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Scott Edward Walker

NOVEMBER 22, 2015

Accordingly, each founder should carefully review any agreements with his prior employer and the employee handbook to determine if there are any provisions that may give the prior employer rights to the startup’s IP. code, a patent, etc.) electronic files, prototypes, customer lists, etc.). Any IP created or acquired by a founder (e.g.,

IP 40

IP Software Review Due Diligence Intellectual Property 40