Steve Blank

SEPTEMBER 7, 2009

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities. Now the company is in crisis mode.

Customer Development

Ben's Blog

MAY 24, 2021

One of the most successful aspects of the Jumpstart our Business Startups (JOBS) Act was the creation of the EGC designation for growth companies accessing the public markets. Opportunities to make it easier for issuers to become public companies (and at earlier stages of maturity) Expand Emerging Growth Company (EGC) Status.

SEC

Both Sides of the Table

JANUARY 21, 2010

If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. I write about some of the lessons in my post on Startup Mistakes. Every town has firms that focus on startups – find them.

Southern California

Both Sides of the Table

JULY 22, 2010

After valuation in the video we went through Liquidation Preferences, Board Seats, Protective Provision, Voting Rights, Drag Along Rights, Redemption, Anti-Dilution and a few other key terms. Tags: Startup Advice This Week in Venture Capital. If I get demand from people after this video to do a deeper dive on term sheets we will.

Valuation

David Teten

JANUARY 21, 2021

Jonathan Bragdon , CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50-$300k in post-startup, post-revenue businesses planning to 2X revenues in 12-24 months. GCVF is pioneering the future of venture capital and high growth startups for all small communities.

Equity

Startup Company Lawyer

MARCH 14, 2010

In addition, I think that a “peace treaty&# between early-stage investors and startup companies on standard terms (at least at a term sheet level) is a step in the right direction. If new investors get better rights in a future equity financings (such as registration rights, price-based anti-dilution, redemption rights, etc.),

Finance

abovethecrowd.com

FEBRUARY 24, 2015

Despite this, startups commonly highlight “gross revenue” even when 80+% goes out the door for every single transaction. Yet, because they did not focus on the normal steps that lead up to an IPO, they are ill prepared for this singular redemptive path. A good banker in a normal IPO process would get this straightened out.

IPO

Agile VC

JUNE 5, 2011

AGILEVC My idle thoughts on tech startups. In addition, Groupon has a favorable cash cycle as they collect cash up front from consumers but don’t have to pay merchants for awhile (in US typically 60 days, int’l usually upon consumer redemption). How to Evaluate Firms for a Seed VC. How To Think About The Future.

North America

Steve Blank

FEBRUARY 23, 2009

Eighty some pages later I realized that a) I had some great war stories as a good marketeer and failed CEO, b) I’d have to pay my wife and kids to read them, c) the three of them were probably the entire total available market, and d) when I looked at what I had done and what other entrepreneurs had done at their startups, that there was a pattern.

Redemption

Both Sides of the Table

JULY 25, 2011

When I first started as a startup CEO in 1999 there were no guides on raising venture capital. Redemption rights? Every startup needs the knowledge in this book. This article originally ran on TechCrunch. tl;dr version: If you’re an entrepreneur or VC or will be working in this industry - buy this. Drag along rights?

Liquidation Preference

Steve Blank

MAY 17, 2011

My third story is about Failure and Redemption. Endlessly curious, I went from startups in military intelligence to microprocessors to supercomputers to video games. As time went on, I was a co-founder or member of the starting team for six high-tech startups…. With every startup came increasing responsibility.

Philadelphia

The Startup Magazine

NOVEMBER 23, 2021

If you want to redeem your rewards, you can visit a redemption portal and see which options are available to you. You may have to settle for a lesser-value redemption option. appeared first on The Startup Magazine. Some offer cash-back in check form, which is a great option for travelers. Some even offer charitable donations.

Redemption

YoungUpstarts

NOVEMBER 23, 2012

But a Singapore-based startup, NoiseStreet , has introduced a smartphone-based solution that helps bridge that gap by bringing a level of interactivity, engagement to digital OOH advertising. Brands can track redemption rates and promotion-linked in-store sales. Well, you can’t.

Advertising

The Startup Magazine

SEPTEMBER 15, 2024

The post How to Improve Your Membership Management Using a POS System appeared first on The Startup Magazine. If your system can compile sufficient levels of data, it’s even possible to create personalized offers based on how they interact with your services and send automated thank-you messages for a more personable experience.

Management

Steve Blank

FEBRUARY 23, 2009

When I looked at the diagram in that ski cabin I realized there was a fundamental question I couldn’t answer: if all startups follow that model, why is it that some companies are opening bottles of champagne at their IPO and others who almost followed the same rules are selling off their furniture? Were all startups the same?

Product Development

VC Cafe

FEBRUARY 4, 2012

Israeli startup FootTraffic offers advertisers a performance marketing platform for location-based offers. In addition, e-commerce and daily deals have been breaking all-time records with a rise sharp of redemptions on the mobile. That’s the problem that Israeli startup FootTraffic wants to solve. billion in 2011.

API

crowdSPRING Blog

JUNE 8, 2014

Redemption is all around us every wherever we look, whether as a plot-line in a movie or in the world of politics. Related posts: Small Business and Startups: Thinking About Business Plans (again). Small Business and Startups: For Great Service, Speed Counts. Small Business and Startups: Prepare For the Worst.

Small Business

The Startup Lawyer

MARCH 1, 2010

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution.

Preferred Stock

Lightspeed Venture Partners

OCTOBER 14, 2012

And most startups go south. In practice, you usually see redemptions go the other way. That sounds pretty good, but she basically cut her return profile in half on all the big upside cases. But she eats all the downside if the company goes south. That’s not a good deal as an investor.

Equity

Scott Edward Walker

SEPTEMBER 14, 2011

Once a startup has executed a term sheet, it has lost all of its negotiating leverage. The Investors’ Right to Walk VC Term Sheets Are Non-Binding. What Are the Key Issues for Founders? Indeed, some very pro-entrepreneur investors, like Fred Wilson , do not require no-shop provisions (see rule #4 in Fred’s post “ Competing To Win Deals ”).

Term Sheet

crowdSPRING Blog

OCTOBER 19, 2015

Violence followed by confession leads to redemption right? Photo, Wikimedia: Sodium amytal – the “truth serum” Related posts: Small Business and Startups: Cultivate Trust and Nurture Loyalty. Small Business and Startups: What Type of Boss Are You? Telling the truth conjures images of cherry trees and axes.

Small Business

Scott Edward Walker

JULY 11, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues. If you missed this past week’s Twitter updates, below are my five most popular tweets (via bit.ly ) and my blog-related tweets.

Redemption

Up and Running

DECEMBER 30, 2015

I’ve been lucky enough to screw up by both funding my startup too early and too late. I then signed off on an ugly redemption clause without analyzing the waterfall in an average exit scenario. See Also: How to Pick the Right Attorney for Your Startup. ” – via… Click To Tweet. Not having legal counsel.

Due Diligence

crowdSPRING Blog

AUGUST 11, 2013

Small businesses and startups can often leverage PR to great effect and it is typically one of the most cost-effective ways to generate positive word-of-mouth, build awareness, and grow a nascent brand. Related posts: Lean Marketing: Public Relations strategies for small businesses and startups. Photo: Sandor Weisz.

Lean

Feld Thoughts

AUGUST 20, 2015

The most glorious media story arc is rags to riches to rags with redemption back to riches. Great startup communities work the same way. Whenever someone introduces me as the leader of …, the king of …, or the creator of the Boulder Startup Community, I cringe and go into a rant about how I’m not that.

Redemption

Scott Edward Walker

AUGUST 22, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues. prAYlf Quora-Related Quora: What deal structure should be in place for a friend/family investment of < 20k in your startup? ” -Paul Graham bit.ly/prAYlf

Redemption

crowdSPRING Blog

JULY 8, 2012

Which, BTW, is a phenomenal rate of redemption in the universe of online marketing.). They are also smart enough to understand the ‘cookie’ strategy; in other words along with the valuable content they send me the occasional sweet goodie in the form of a coupon or discount offering. Target and segment.

Campaign

Scott Edward Walker

AUGUST 31, 2011

Thanks, Scott Question We’re a startup based in Palo Alto, and we just received a Series A term sheet for a $725,000 investment. But more importantly, a good startup lawyer will also discuss with you the business terms, including the structure of the deal. Who should be on their board of directors? At what valuation and on what terms?

Silicon Valley

Diego Basch

FEBRUARY 28, 2012

I read this story yesterday about a failed startup acquisition. It’s one of the big nightmares of an entrepreneur: Big Company shows interest in Startup. Startup day-to-day is disrupted during the lengthy acquisition process. Startup is now much worse off than before: less money, low morale.

Term Sheet

Scott Edward Walker

JULY 27, 2011

There is, however, another set of rights with which many entrepreneurs may not be familiar: State law rights.

Delaware

The Startup Lawyer

MARCH 1, 2010

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. The Amended and Restated Certificate of Incorporation includes the typical provisions you might find in a VC deal, less (i) preferential dividends, (ii) redemption rights, and (iii) price based anti-dilution.

Preferred Stock

Austin Startup

MAY 23, 2019

Now that you’re in total despair over the state of in-game advertising, it’s time for the redemptive denouement. Why In-Game Advertising Sucks was originally published in Austin Startups on Medium, where people are continuing the conversation by highlighting and responding to this story. An Alternative Option ( ??, ??, ?? )

Advertising

Startup Company Lawyer

MAY 13, 2009

In addition, post-financing transactions, particularly stock redemptions, that potentially could undermine qualified small business stock status should be carefully reviewed. The relevant provisions of the summary of the budget proposal related to qualified small business stock are below.

Capital Gains

Up and Running

DECEMBER 21, 2015

See Also: 7 Startup Lessons from an Inspiring Entrepreneur. This year, Bradley Cooper takes on a similar role as a head-chef looking for redemption. In 1823, Hugh Glass did exactly that. Leonardo DiCaprio portrays Glass in this legendary true story, directed by Alexander Iñárritu (fresh off his Academy Award for Best Director).

Finder

Feld Thoughts

NOVEMBER 18, 2016

Next month, I’ll return , Jason Wang’s Going back to prison as the founder of my own startup , Kobie Fuller’s (Upfront) How a day in prison could give you a lesson on judgement , and Kara Nortman’s (Upfront) Spending a day in prison lead me on a path of radical self-improvement.

Los Angeles

Steve Blank

OCTOBER 22, 2009

Getting Out of the Building Wasn’t Entertainment – Discovery and Validation Now that I was the master of the “facts” about customer needs in these specialized vertical markets , and with my team of vertical marketers , I thought I had achieved absolution and redemption. But there was one fatal flaw.

Silicon Valley