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5 Lessons Learned Launching a Startup With No Plan, No Cash, and No MBA

Up and Running

We didn’t know anything about small business accounting or finance. You might feel like a bit of a wet blanket when you start pushing people to hire a lawyer and write up contracts or an operating agreement. Was it when he handed us a working version, or did it have to operate successfully for a certain number of days?

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6 Things to Consider Before Entering a Market

Up and Running

For example, the farm and ranch real estate market in Montana is composed of a few large firms and hundreds of mom and pop shops, so it is very fragmented. Self financing: This is always my first choice, primarily because you keep total control and the only investor you have to answer to is yourself.

Marketing 111
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Who are the Major Revenue-Based Investing VCs?

David Teten

Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. The average monthly operating expenses is $70,335. 30% have been operated by females, 70% have been operated by males. 30% have been operated by females, 70% have been operated by males.

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52 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

For nearly 15 years I had analytical, numbers-driven jobs in finance and banking, working for some of the world’s largest banks. And being from Montana, I also wanted a belt that could transition to all of my active lifestyle endeavors. Thanks to Ostap Bosak, Royal Fur ! #17 17 – To Use the Other Side of My Brain.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

based companies initially funded by venture capital between 2006 and 2011, 84% now are closely held and operating independently, 11% were acquired or made initial public offerings of stock and 4% went out of business, according to Dow Jones VentureSource. Finance, Banking, Loans, etc. Languishing businesses were counted as survivors.

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When Entry Multiples Don’t Matter

Ben's Blog

OH in South Park, San Francisco (or on Zoom from Big Sky, Montana): “OMG, crazy – that firm just paid 100x revenue to invest in [insert hot startup here] – what could they be thinking?” An example of such a business is Salesforce, which defined a new category for SaaS and continues to be a benchmark for SaaS companies to follow.

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Blitzscaling Beyond Startups

Reid Hoffman

It’s costly in a variety of ways, from lower operational efficiency to higher capital expenditure and employee (and founder) burnout. This tends to happen more in the world of finance — think of the farsighted investors from “The Big Short” who bet against the subprime mortgage market. Blitzscaling isn’t a free option.

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