For many startups, the next 12 months will be challenging. Default Investable or Default Alive. Know which path you are on.
Calculating how much runway you have isn’t as simple as you may think. Get it wrong, and your company might be running on fumes sooner than you expected.
Stephen Blank describes a startup as an organization formed to search for a repeatable, scalable, profitable business model. They are not small versions of large corporations. A well-run startup is like a laboratory, testing hypothesis, comparing actual results against expected results, and constantly executing small pivots until a company is born. Or unit the cash […]
What do WeWork, Uber and Blue Apron all have in common? Two things actually. First, their investors have taken a beating in the past year. WeWork just pulled it’s IPO, and might become the fastest company to ever fall from a $47 billion valuation to zero. Uber, which went public in May at $45 a […]
This post is for all of the Chief Financial Officers, Chief Operating Officers, and advisors of early-stage companies in the room. A quick word about managing the budget and cash flow process with the founders/CEO’s you advise. Someone asked me last week how to manage a planning process where the always optimistic CEO is pushing […]
David Frankel, a Managing Partner at Founder Collective, tweeted an interesting thread last Friday. His point was that if you pull back too hard on growth to try to get to profitability, growth might slow to the point where you will find it very difficult to get back onto the venture capital path to raise […]