Hippoland

JANUARY 23, 2018

I thought it might be useful to do a high level overview of what fundraising in 2018 looks like at the pre-seed / seed stage. This means that traction bar has gone up for both pre-seed and seed stage companies. This will depend A LOT on the idea and vertical.). The market had definitely shifted.

Early Stage 48

Early Stage Convertible Security Seed Stage SEC 48

Hippoland

OCTOBER 16, 2016

As a result, for these kinds of businesses, investors often don’t expect that companies can earn revenue right out of the gate, because they may not legally be able to. These are some of the most important criteria to investing in seed-stage teams. Is the company already in the middle of overcoming regulatory hurdles?

Startup 48

Startup Vertical Early Stage Bootstrapping 48

Hunter Walker

DECEMBER 21, 2014

17 core investments have been made, I’d say our investment model was, and continues to be, consistent with the type of firm we want to build but if you’re not constantly evaluating how to get better and serve entrepreneurs, you won’t last very long in the early stage venture business.

Cofounder 105

Cofounder Seed Stage Syndicate Syndication 105

Startup Lessons Learned

AUGUST 24, 2009

Seed-stage investors are learning the metrics of traction, and are getting better at identifying those companies that are really achieving validated learning about customers. What is the right revenue model? We faced this same problem in entrepreneurship and venture capital, but we are getting past it.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Steve Blank

AUGUST 27, 2009

Yet we used the product development model not only to manage product development, but as a road map for finding customers and to time our marketing launch and sales revenue plan. We’ll look at the model stage-by-stage. Product Development In stage two, product development, everyone stops talking and starts working.

Silicon Valley 271

Silicon Valley Product Startup RSS 271

Rob Go

FEBRUARY 5, 2012

Usually financial metrics are pretty sparse at early stages and investors have a hard time giving companies “credit” for steady, linear progress. For seed stage companies, typically, it’s about: Compelling founder(s). Small but accelerating revenue growth (often in the $50K-$100K range monthly).

Business Model 65

Business Model Seed Stage Valuation Vertical 65

Gust

OCTOBER 16, 2012

This summer I conducted our third annual survey of the pre-money valuation of pre-revenue companies recently funded by angel groups in North America. For the first time, we asked for data from specific business sectors, as follows: All pre-revenue deals. Pre-revenue life Science, biotech and medical device deals. Median: 2.75.

Angel Groups 169

Angel Groups Valuation Pre-Money Valuation North Dakota 169