Remove Distribution Remove Liquidity Event Remove Technology
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Today with every city, state and country trying to build out a technology cluster, following Dino’s progress can provide others with a roadmap of what’s worked and what has not.

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Why Pitching Your Product Is Not Enough For Investors

Startup Professionals Musings

As a technology buff, I’m all too sensitive to the common investor complaint that technical people often end up selling yet another “solution looking for a problem,” because they are so impressed with their technology. Your solution may include leading technology, but if available to competitors, the lead won’t last.

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The New Deal – A Founding CEOs Value is Non Linear

Steve Blank

The fallacy is believing that a founders value is evenly distributed over four years. Where’s My Liquidity Event. The goal of your business model can be revenue, or profits, or users, or click-throughs (or even just to get the technology into production) – whatever the founders and their investors have agreed upon.

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8 Ways An Investor Pitch Differs From A Product Pitch

Startup Professionals Musings

In every case, the relevant pitch needs to start by highlighting a real customer problem, then outlining a new solution, with all the features and disruptive technology. Your solution may be a technological marvel, but if it is vulnerable to competitors, potential investors will likely walk away.

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Why not share your liquidity success with those who got you there?

Berkonomics

So, I wrote into the final distribution instructions a surprise five figure bonus for each of the five executives. Those that pay off handsomely (congratulations if so), those marginal exits that selvage technology, brand and jobs – better than nothing. Each was surprised, pleased and effusive. Consider the kinds of exits.

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New Rules for the New Internet Bubble

Steve Blank

The reward for doing so was a liquidity event via an Initial Public Offering. Startups that win in the bubble will be those that get wide adoption (using freemium, viral growth, low costs, etc) and massive distribution (i.e. Filed under: Technology , Venture Capital. They taught you about customers, markets and profits.

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In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

He talked about how for centuries education had “no technological core” (meaning it was bound by physical locations) and thus disruption was very difficult. Obviously that barrier has been brought down with low-cost ability to capture, stream and distribute content over the Internet. Internationalization of Technology.