Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup. Lets see why.

Lean 263

Lean Silicon Valley Startup RSS 263

Startup Professionals Musings

JUNE 2, 2013

How do you as an entrepreneur with a new idea get to be one of those choices? That means there are far more entrepreneurs looking for money than there are investors, and entrepreneur entitlement is not a realistic expectation. Angel investors look for prior domain and startup experience. Funding risk. Defensibility.

Angel Investor 269

Angel Investor Cram Down Intellectual Property Venture Capital 269

Both Sides of the Table

APRIL 20, 2011

As a courtesy if you enjoyed his write-up please check out his startup company, ChannelStack. He also says it is important to be able to participate in follow on rounds so as not to get “crammed down”. The Exchange Fund – This allows the entrepreneurs to diversify their founders stock into other portfolio companies stock.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

Both Sides of the Table

MAY 5, 2013

Many VCs would prefer to avoid having to cram down other VCs by investing at a lower price or even if it’s not a cram down they prefer not to invest in a down round that forces the VC to take a “write down” on their valuation sheets they should their LPs. Startup Advice'

Down Round 302

Down Round Cram Down Valuation Reputation 302

Startup Professionals Musings

MARCH 22, 2020

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. In the interim, there is no market for the shares, and no dividends or interest.

Management 308

Management Cram Down Angel Investor Equity 308

Startup Professionals Musings

OCTOBER 10, 2014

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. In the interim, there is no market for the shares, and no dividends or interest.

Founder 254

Founder Cram Down Angel Investor Equity 254

Startup Professionals Musings

APRIL 17, 2013

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. In the interim, there is no market for the shares, and no dividends or interest.

Cram Down 230

Cram Down Angel Investor Equity Dividend 230