Berkonomics

NOVEMBER 5, 2020

What happens to careful planning, sure-fire metrics, quality test scenarios, market research, a good business plan – all in place before pulling the trigger of a new opportunity. Either way, without even pausing to document the process internally, no-one can easily take over the job, if for any reason the cowboy coder is no longer in control.

Artificial Inteligence

Berkonomics

DECEMBER 6, 2012

When an employee is subsequently dismissed for any reason, the documentation of past performance and reviews, including any past notification of weaknesses or warnings, becomes an important shield to protect the company against a subsequent lawsuit or challenge from a state employee review process.

Metrics

TechCrunch LA

OCTOBER 21, 2021

They want Netflix to address a list of demands in the categories of content investment, employee relations and safety, and harm reduction. The leaked information in question appears to be some internal metrics on “The Closer” that appeared in a story by Bloomberg , which reported that Netflix spent $24.1

Netflix

Startup Professionals Musings

AUGUST 21, 2021

Startups usually think in terms of a million to 10 million dollar infusions, but aspiring unicorns usually need to seek financial investments of hundreds of millions, or even a billion dollars. Then there is the pressure to go public ( IPO ), and open your investment to thousands, maybe millions, of small investors.

Startup

Startup Professionals Musings

SEPTEMBER 21, 2020

Finally you create and document your recipe (business plan). All the investment money in the world won’t make your company succeed, if you have the wrong team. investors invest in people, not ideas) Effective and timely go-to-market. Show return on investment, growth rates, and market penetration. Don’t stand still.

Startup

Startup Professionals Musings

JUNE 7, 2020

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Entrepreneur

Startup Professionals Musings

APRIL 22, 2010

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Things that make it investment-grade for outside investors will also benefit you, since you are the ultimate investor. Investors invest in people - not just ideas. Executive team.

Invest

Berkonomics

NOVEMBER 7, 2019

What metrics will you use to fairly evaluate each direct report? So, protection of the corporation is reason number one for investing in such a process. In terms of time, this can be expensive and disruptive to you and your direct reports. In terms of value…well let’s examine that. One argument: legal protection for the company.

Metrics

Startup Professionals Musings

OCTOBER 3, 2016

Sets goals and milestones, with metrics to track progress. Good implementers document and communicate long-term goals, and translate them into daily action items. They define metrics for each goal, and diligently track themselves against these metrics. Tie executive titles and organizations to business roles.

Entrepreneur

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development

Startup Professionals Musings

OCTOBER 5, 2022

I have long believed that each of you is responsible for documenting and communicating your own value, without bragging or hyperbole. Documenting your input early, and follow-up later by quantifying customer revenue is your only way to make sure your value in the revenue growth process is not forgotten.

Examples

Startup Professionals Musings

AUGUST 13, 2012

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Things that make it investment-grade for outside investors will also benefit you, since you are the ultimate investor. Investors invest in people - not just ideas. Executive team.

Competition

Startup Professionals Musings

JUNE 18, 2023

Finally you create and document your recipe (business plan). All the investment money in the world won’t make your company succeed, if you have the wrong team. investors invest in people, not ideas) Effective and timely go-to-market. Show return on investment, growth rates, and market penetration. Don’t stand still.

Startup

Startup Professionals Musings

MAY 13, 2011

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Things that make it investment-grade for outside investors will also benefit you, since you are the ultimate investor. Investors invest in people - not just ideas. Executive team.

Competition

Startup Professionals Musings

MAY 24, 2015

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development

socalTECH

JANUARY 2, 2020

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. I love the Whisper Synch feature on Audible so I can read books and then seamlessly listen where I left off.

Capital

Both Sides of the Table

FEBRUARY 20, 2019

Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on. If your metric move immediate up-and-to-the-right? If the angel board member is hugely valuable you can always keep them on the board at your discretion.

Startup

Berkonomics

NOVEMBER 4, 2016

So how do you use financial projections as valuation metrics when you know the odds of those being accurate predictors of the future are so very unreliable? There is a universal truth: fewer than one in a thousand start-ups meet or exceed their projected revenues in the periods planned.

Startup

Startup Professionals Musings

NOVEMBER 4, 2016

Finally you create and document your recipe (business plan). All the investment money in the world won’t make your company succeed, if you have the wrong team. investors invest in people, not ideas) Effective and timely go-to-market. Show return on investment, growth rates, and market penetration. Don’t stand still.

Entrepreneur

Startup Professionals Musings

JUNE 14, 2013

Of course there are scenarios where a written business plan is not critical, but I haven’t seen one yet where a well-written 15-page document, or at least a 10-slide pitch, is a negative. You need an investor, and want a document to mass-mail to everyone. A business plan may be a small investment to get a shot at that opportunity.

Entrepreneur

Startup Professionals Musings

DECEMBER 9, 2022

Document plans and progress, with checkpoints. Setting your own metrics, and measuring yourself , will facilitate accountability. It also means investing in relationship and trust building so they support you in a time of your need. In this context, accountability for a successful engine will never happen.

Activity

Startup Professionals Musings

DECEMBER 8, 2018

Finally you create and document your recipe (business plan). All the investment money in the world won’t make your company succeed, if you have the wrong team. investors invest in people, not ideas) Effective and timely go-to-market. Show return on investment, growth rates, and market penetration. Don’t stand still.

Startup

Startup Professionals Musings

OCTOBER 12, 2010

It’s human nature to prioritize the metrics that get measured, so the simple act of keeping track is often enough to have a significant positive impact. You should document the status of your partnership negotiations so that you can easily gauge progress. Liabilities: Your liabilities detract from your venture’s value.

.Net

Tech Zulu Event

MARCH 16, 2015

If you go this route, be careful to make the stakes clear: i.e., that they could lose their whole investment. Angels (invest their own money) and super angels. If you’re raising funds from angels you’ll likely need to get investments from several different players. These usually come into play at the seed stage. Venture debt.

Startup

Startup Professionals Musings

NOVEMBER 4, 2019

I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there. This is the point where you must manage to metrics, work on the culture of the organization, and look for partner-based growth.

Ideas

Tech Zulu Event

MAY 8, 2014

Back in January, at the annual TechZulu Startup Forecast , our panel of industry leaders and investors spent a healthy dose of time discussing the ongoing JOBS Act (Jumpstart Our Business Startups) and the investing sphere at large. This all, circling around 2008, a shy year for startup investments. Fundraising Frustrations.

Invest

Startup Professionals Musings

MAY 28, 2016

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Ideas

Startup Professionals Musings

JANUARY 26, 2018

As a member of an angel investment group, I have to admit this is probably the most common rejection we issue. It takes real money to sustain a business, with a margin in the 50 percent range, and some realistic milestones and metrics. Document and initiate a multi-faceted marketing plan.

Customer

Startup Professionals Musings

MARCH 7, 2016

Investors have also learned not to invest in ideas but only in entrepreneurs and teams who can deliver solutions. Set business goals and milestones, and use metrics to track performance. That means milestones have to be documented, measured and desired results rewarded. Enable team members to run the business as their own.

Ideas

Both Sides of the Table

SEPTEMBER 10, 2021

On the one hand, you’re over paying for every investment and valuations aren’t rational. What used to be an “A” round in 2011 is now routinely called a Seed round and this has been so engrained that founders would rather take less money than to have to put the words “A round” in their legal documents. of the fund.

Venture Capital

Both Sides of the Table

MAY 19, 2018

Or if you’re a VC raising from LPs you have to list all of your deals, your investment value, your carrying value, your multiples, your IRRs, TVPIs, DPIs, etc along with net cashflows plus your previous LPAs. These collective sets of documents form the basis of what somebody looking at investing would call “financial due diligence.”

Funding

InfoChachkie

SEPTEMBER 23, 2013

At DataPop , a Rincon Venture Partners’ portfolio investment, the company''s sales cycle significantly accelerated after it stopped performing Pilots. The key to accelerating revenue generation in a phased agreement is to document the success metrics of the landing phase.

Sales

SoCal CTO

APRIL 8, 2010

How do the sample Series Seed financing documents differ from typical Series A financing documents? Startup Company Lawyer , March 14, 2010 After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source” equity seed financing documents.

Startup

Startup Professionals Musings

NOVEMBER 7, 2022

A documented business plan for the new venture is critical here. Scaling any new initiative globally these days takes a large ongoing investment, and a carefully thought-out plan and execution. Don’t let early success dilute your focus, or demand that the new venture quickly meet your mainline financial and growth metrics.

Incubator