Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

Startup Professionals Musings

JUNE 2, 2013

How do you as an entrepreneur with a new idea get to be one of those choices? Within the venture community, the first rule to remember is that opportunities abound these days, due to the increasing pace of technology evolution, and the scope and creativity of the global community. Exit strategy.

Angel Investor 269

Angel Investor Cram Down Intellectual Property Venture Capital 269

Startup Professionals Musings

SEPTEMBER 23, 2010

are eliminated during due diligence. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Tags: entrepreneur startup funding angel investors. Build a prototype product.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Up and Running

SEPTEMBER 10, 2014

Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). Entrepreneurs need to find a way to get traction (sales) without funding. Entrepreneurs need to find a way to get traction (sales) without funding. Perhaps the library or a local tech company can host.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Startup Professionals Musings

JULY 3, 2011

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Startup Professionals Musings

SEPTEMBER 8, 2019

In the US, a nonprofit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Startup Professionals Musings

SEPTEMBER 15, 2012

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

Startup Professionals Musings

JANUARY 7, 2013

Based on the final report for 2012 from Thomson Reuters and the National Venture Capital Association (NVCA), it may appear that IPOs are back as a viable startup exit strategy. Sure, there will always some seed funding (10% of overall deal flow), but you can bet that this money goes to entrepreneurs who have been there before and won.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

OCTOBER 13, 2013

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Startup Professionals Musings

JANUARY 21, 2018

According to the 2017 Kauffman Startup Activity Index , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity reached 86 percent, more than 12 percentage points higher than in 2009 at the height of the Great Recession. Thus a record number of entrepreneurs (and team members) are getting rich.

Entrepreneur 166

Entrepreneur Valuation Incubator Initial Public Offering 166

Up and Running

JANUARY 2, 2013

I’ve raised close to $1 million from angel investors for my previous technology start-ups. I’ve seen too many entrepreneurs think, “oh, I know my business inside and out – pitching will be a breeze!” I know what it’s like to pitch to investors – both angels and venture capitalists.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

MARCH 14, 2018

I’ve raised close to $1 million from angel investors for my previous technology startups. I’ve seen too many entrepreneurs think, “Oh, I know my business inside and out—pitching will be a breeze!” I’ve seen many entrepreneurs crash and burn when delivering their investor pitch—and ramble on and on. Your exit strategy.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Up and Running

MAY 12, 2020

While many traditional jobs still can’t function remotely, or have difficulty adjusting, many entrepreneurs have found success in starting a business from home. Identify any technology needs you may have (and whether or not you’re equipped to meet them) such as: High-speed internet with a reliable connection. A dedicated phone line.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

mashable.com

MARCH 20, 2014

Thats why I asked 10 entrepreneurs from the Young Entrepreneur Council (YEC) what questions they would pose for an interviewer at a startup. Proceed — if at all — with extreme due diligence and caution. Whats your exit strategy? Follow @mashable. see more > Search. Must Reads. Social Media. Entertainment.

Technical Review 103

Technical Review Software Review Exit Strategy San Francisco 103

YoungUpstarts

MARCH 9, 2016

For a young entrepreneur, the mergers and acquisitions process can be exciting and potentially lucrative but it can also be the source of considerable stress. When reviewing potential M&A advisors, consider their background and approach to deal making. Tech Savvy. M&A is intense. and abroad.

Technical Review 100

Technical Review Due Diligence San Francisco Merger 100

Up and Running

FEBRUARY 22, 2013

I was expecting to be asked about my team, market segments, financial projections, go-to market strategy, exit strategy, etc. 2 : What entrepreneurs do you admire and why? If investors find your pitch interesting, they will want to begin what’s called the due diligence process. This is a fun question.

Software Review 147

Software Review Technical Review Due Diligence Exit Strategy 147

Up and Running

AUGUST 19, 2014

Many angels are entrepreneurs themselves, or executives and business or community leaders. I have pitched to hundreds of angel investors over the years as a result of co-founding two tech companies and raising just shy of $1M in angel capital. My favorite part of pitching to them was the due diligence process.

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

Up and Running

JULY 2, 2014

You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

APRIL 27, 2016

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Startup Professionals Musings

JUNE 6, 2010

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Angel Investor 143

Angel Investor Technical Review Exit Strategy Equity 143

Startup Professionals Musings

SEPTEMBER 20, 2017

In the US, a nonprofit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

Berkonomics

JANUARY 16, 2014

JJ is a successful entrepreneur and technologist giving back to the entrepreneurial. community in many ways, including his weekly Internet TV program on entrepreneurism, and participation in several mentoring programs. . Access to new technologies. Review long term company debt, goals, objectives and financial projections.

Technical Review 81

Technical Review Due Diligence Exit Strategy Partner 81

Gust

SEPTEMBER 12, 2011

It’s the result of several decades in high tech, three years as an investor in a local Oregon angel investment group , some consulting in due diligence for venture capital, and my experience as founder and co-founder of successful ventures. Respect for the exit. What I say here is my opinion and mine alone.

Technical Review 70

Technical Review Software Review Angel Investor Exit Strategy 70

Startup Professionals Musings

MARCH 11, 2016

As an active angel investor myself, I understand how the process works, and I see the disappointment in the eyes of entrepreneurs who approach angel groups for funding and often get turned away for not being timely or prepared in the minds of potential investors. A business needs technical, marketing, financial and many other skills.

Angel Investor 120

Angel Investor Intellectual Property Accredited Investor Angel Groups 120

Startup Professionals Musings

FEBRUARY 15, 2015

In the US, a non-profit is technically any company who qualifies as tax exempt through IRS Section 501(c). The grant source often gets overlooked, but it should be a major focus these days when relevant due to the Obama administration initiatives on alternative energy and healthcare. Government grants. That’s a higher calling.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

YoungUpstarts

JANUARY 10, 2018

by Ryan Gould, Vice President of Strategy and Marketing Services at Elevation Marketing. As an entrepreneur, when you started your business, you most likely had dreams of rocket-speed growth and a multi-million dollar exit to a huge conglomerate, like Google or Facebook or Amazon. Wrapping Up.

Valuation 145

Valuation Technical Review Exit Strategy Metrics 145

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. The vast majority of business owners and entrepreneurs aren’t business experts. Be sure to provide a review of how the business is owned as well. It’s time to dig into the process of actually writing a business plan. Read more ».

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

SEPTEMBER 28, 2015

Too many entrepreneurs look for that one magic bullet -- an exciting new technology, perhaps, or their own determination to make the world a better place -- to override any shortcomings in their startup model. This will lead to investor-return calculations and exit strategies. An experienced and skilled team on board.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Startup Professionals Musings

JULY 19, 2015

According to the latest Kaufman Startup Activity Index , entrepreneurs are making an unprecedented comeback in America, with data showing the largest year-over-year increase in two decades. Thus a record number of entrepreneurs (and employees) are getting rich. Initial Public Offerings (IPO) are back as an exit strategy.

IPO 120

IPO Angel Investor Startup Incubator 120

Gust

JANUARY 5, 2012

But, this SEC limit has created some problems for these high-tech phenoms, both in raising additional capital and in private sales through secondary markets in which early investors resell shares to a large number of smaller US buyers. But, the SEC limit on the number of shareholders is not the only issue entrepreneurs should consider.

SEC 131

SEC Angel Groups Technical Review Private Equity 131

Up and Running

AUGUST 20, 2018

In all cases, the most important element of business planning is the review schedule —set specific times to review your progress toward your goals. Specifically, it’s the time to review your progress on milestones and to compare your actuals against your financial projections. Review and revise them at least once a month.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

MAY 4, 2015

In this article, I’ll review: What to include in a one minute, five minute, ten minute, and 20 minute pitch. Tips from entrepreneurs who successfully pitched their businesses for funding. State your exit strategy. So how do you know what to include in pitching opportunities for varying lengths of time? Bring a backup.

Technical Review 60

Technical Review Entrepreneur Software Review Houston 60

YoungUpstarts

SEPTEMBER 19, 2018

The market is constantly changing due to technology, cultural and regulatory shifts. Also, find a mentor who has done something similar and discovered an exit strategy for their business. Firstly, look at the target market that you want to disrupt with your software, and then look again. Never take your eyes off the ball.

South America 113

South America Software Review Thailand Vietnam 113

Up and Running

MAY 15, 2018

Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. As an entrepreneur, you will face several challenges while seeking the funds, in part because you’ll have to convince others that your idea is a solid investment. Credit cards.

SBA 84

SBA Angel Investor Technical Review Startup 84

David Teten

SEPTEMBER 23, 2017

VCs tout themselves as frontier technology investors, but most are using the same infrastructure tools they have used for the past 20+ years: Excel and recent college grads searching Google. According to Knowledge.VC , under 5% of US VCs have a full-time team member focused on technology. . But we’re doing it slowly.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Up and Running

AUGUST 28, 2018

If you’ve never written a business plan before, Bplans also offers a library of sample medical business plans that you can review or even download to use as a model. Your funding ask and exit strategy, if applicable. Encourage your patients to review you online, too. Executive summary. Your operations plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72