Steve Blank

JUNE 11, 2013

In a Lean Startup , the goal is to preserve your cash until you find a repeatable and scalable business model. What is an IRR? You invest the dollars to create end-user demand and drive those customers into your sales channel. When to raise money. How do the fund and the partners make money? How long is a fund’s life?

Venture Capital 335

Venture Capital IRR Liquidity Event Business Model 335

Seeing Both Sides

SEPTEMBER 26, 2010

During most periods, there has been a supply and demand imbalance that favors the VCs. To achieve that same 38% IRR in 9 years, a 20x return is required! If the founders take money off the table, they are incented to go for the bigger win and don’t mind taking the time to get there.

IRR 36

IRR IPO Entrepreneur LP 36

Steve Blank

JUNE 11, 2013

In a Lean Startup , the goal is to preserve your cash until you find a repeatable and scalable business model. What is an IRR? You invest the dollars to create end-user demand and drive those customers into your sales channel. When to raise money. How do the fund and the partners make money? How long is a fund’s life?

Venture Capital 227

Venture Capital IRR Liquidity Event Business Model 227

Steve Blank

MARCH 4, 2014

It describes the product/service, who is it for, what channel sells/deliver it, how demand is created, how does the company make money, etc. It needs the tools and processes pioneered in Lean Startups. A business model guides an organization to create and deliver products/service and make money from it. What to Do?

IRR 335

IRR Startup Business Model Agile 335