Remove IRR Remove Partner Remove Seed Capital
article thumbnail

Fund Raising is a Means Not an End

Steve Blank

Who are the partners? If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. How do the fund and the partners make money? What is an IRR? Does our product or service solve a customer problem (product-market fit)? And what are its costs?

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

Who are the partners? If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. How do the fund and the partners make money? What is an IRR? Does our product or service solve a customer problem (product-market fit)? And what are its costs?