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To do this they have to accomplish five things; 1) get dealflow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team.
For both origination and duediligence, a host of companies aspire to be the “Bloomberg of private companies”, including CB Insights , Crunchbase , DataFox , FuelUp , fundsUP , Mattermark , Qodeo , Quid , Tracxn , Unomy.com , and Zirra. 4) Manage dealflow. 5) Duediligence. 6) Negotiate deal.
This typically includes: Relationships with relevant service providers in your vertical, often with pre-negotiated discounts: coaches, lawyers, accountants, common software vendors, consultants. CustomerDevelopment. A well-developed model is Andreessen Horowitz’s Executive Briefing Center. Disadvantages.
It needs to be more mature, so let’s focus on the small-sized companies where my ideal customer and the people that pull out credit cards is in general the CEO. Jason: And to me, trying to replace someone’s to-do software or their actual organization software? They’re doing something else by that point.
Should you co-found your company with a softwaredevelopment shop? I’ve talked with a number of softwaredevelopment shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. mentor VCs, e.g., most VCs. Our model at Casual Corp.
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