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Are Business Plans Still Necessary?

Both Sides of the Table

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 Ajax was the new buzzword and many companies went overboard. Ditto for enterprise software companies.

Web 2.0 334
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When Does Venture Debt Make Sense For Your Startup? - The Other Green Money

InfoChachkie

The nature of the company’s business model requires it to fund certain costs before it is paid by its customers. Thus, even though the company is cash flow positive, its growth is constrained by the amount of payables it can fund. During the summer of 2006, I joined RedMojo as an Advisor. Enter venture debt.

Equity 235
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Special Thanks To Our Sponsors

Tech Zulu Event

Imagine: unbiased advice you need & services you want. AudioMicro and TechZulu have partnered up to bring you some of the best Royalty free music and sound effects the net has to offer. Justin.tv - Founded in October 2006, Justin.tv This provides a powerful connection between you and your biggest supporters. .

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Heading Out To CES And A Thank You To Our Sponsors

Tech Zulu Event

TechZulu is heading out to CES and we got tons of products/gadgets/games/companies to review and interview. Imagine: unbiased advice you need & services you want. AudioMicro and TechZulu have partnered up to bring you some of the best Royalty free music and sound effects the net has to offer. Today is the day!

Stickam 40
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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#. A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. The net effect for [my company] for example is we are now doing reasonably well.

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First Round Funding Terms and Founder Vesting

Both Sides of the Table

2006 was the last time I went out to raise venture capital. This was pre Venture Hacks so not a lot of help on terms on the Net. But it was my second company so I had already learned all o f the lessons the hard way. I’m putting millions of dollars in your company. He walked with 1/3rd of the company.

Funding 252