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How Doctors Think About Drug Prices

Xconomy

There are a lot of factors involved in drug pricing that don’t enter my head when I’m seeing a patient. The three letters “PBM,” for example (pharmacy benefit manager), have never crossed my mind when I’m writing a prescription. Simplistic as this framework is, it goes a long way to describing how we should think about drug pricing.

Pricing 40
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Grants May Be Free, But They Do Come at a Price

Startup Professionals Musings

Every organization willing to give you money is looking for specifics on what you will do with it and how it will help the grantor and expects answers to every detailed bureaucratic question. Grant providers may not require a seat on your board to help you make decisions, but your spending processes will be carefully monitored and audited.

Pricing 100
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The Authoritative Guide to Prorata Rights

Both Sides of the Table

For starters some funds are small and thus while they put $750k into your company to own 10% of your company they might not be able to write another $2 million if you then raise a $20 million round (10%). New investors sometimes want early investors to put in money to “prove” they have confidence in the new price.

Guide 336
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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

Understanding where your VC partner sits in their respective fund and where their fund is in the cycle of its investment lifecycle will help you understand your VCs behavior. In addition to helping manage the board Chris also helps represent the interests of the angel investors / common stock holders.

Tips 365
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Improving Sales: The Excuse Departement is Closed

Both Sides of the Table

I’ve started writing up some of those sales & marketing lessons and I plan to continue to build that section out over time. Obviously to understand a “class&# of people you have to make broad generalizations. there is a nascent industry to try and help you with this, too. Customers seldom buy on price.

Sales 316
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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Would they build a world class team. Could we produce this at cost?

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Some Thoughts about Selling at Startups

Both Sides of the Table

The idea that the course asks students to write public blog posts is a testament to its more modern teaching style. My list of excuses includes: product, pricing, competition and lack of sales support. I wrote separately about that here – regarding “hiring people who punch above their weight class.”

Startup 319