Moving from early-stage to venture-funded stage is well delineated, but other phases are only loosely defined. Knowing where you are along the continuum helps you anticipate what’s coming next and prepare accordingly. What is the lifecycle of a startup? An early-stage startup is launched to...
The problem is: What if this client goes out of business in the next four years and doesn’t pay you at all? Supposing this client is an early-stage startup—even if funded—the most likely result is that they stiff you! Because they’re dead. Let’s suppose for the sake of ...
the age of the business (a startup is always in its early stages) expected growth (startups generally intend to grow into a large business and scale rapidly) Startups are commonly thought to have less stability and more risk than other types of businesses, as they often aim to solve a...
I would like to usethe definition by Steve Blank. He is a Silicon Valley entrepreneur and a Stanford Business School professor. In his opinion, a startup is an organization that searches for a repeatable and scalable business model. The small businesses, in turn, run under the fixed business...
Astartupis a young company with a business model that supports innovation. For example, if you were to develop a unique software program that addresses an unsolved widespread problem, create a business plan, and acquire funding, you’d be a tech startup entrepreneur!
If your startup is still at the idea stage, this might be a great option. If you bring in someone at (or close to) the beginning of the journey, they'll be able to help you with crucial tasks like developing hypotheses, interviewing customers, running experiments, developing your value ...
What kind of banking services and/or credit unions do you use for an early stage startup in Canada?Banking Services:Banking services refer to those services which are offered by financial institutions such as a bank. Loan, saving account, transfer of money betw...
Is there any misalignment of interests? If you haven't already, review the Founder Alignment Worksheet we discussed in Should you found a startup? and use it as an input to this process.WorksheetIn this unit, we've discussed seven factors that can be early indicators of eventual startup ...
The choice of method depends on factors like the startup’s stage, industry, and growth potential. –Pre-money vs. Post-money Valuation: Pre-money valuation is the startup’s value before receiving external investment, while post-money valuation includes the investment amount. Post-money ...
There's just over a week left to enter the Arm Silicon Startups Contest! 🚨 If you're an early-stage startup, this is your chance to bring your silicon solution to market quicker, with $250,000 in Arm technology credit available to the winner. ...