We author a blog called Seed
Stage Capital covering topics of interest to entrepreneurs:
business planning, launch, advisory boards, term sheets,
funding, partnerships, exit strategy, etc. If you'd
like to see a topic covered, please email
us.
Here are a few excerpts for your reading enjoyment.
Business Plan
Includes a post on why (almost) all companies
need a solid business plan: "The
Business Plan Is Dead; Long Live the Business Plan"
as well as a historical look at one of Apple's
earliest business plans, courtesy of the Computer
History Museum.
Advisors
"The
Care and Feeding of Advisory Boards" is our
comprehensive how-to article on building an exceptional
external team to guide you as you grow.
Term Sheets
Includes posts titled "Some
Thoughts on Term Sheets" as well as "Closing
Term Sheets Quickly" and "In
Search of the Ultimate Term Sheet." Follow
the links for a downloadable entrepreneur-friendly term
sheet as well as a very educational online term sheet
generator put together by Wilson Sonsini.
Bootstrapping
Although the majority of our clients are seeking
outside capital, we believe that if you can pull it
off, boostrapping remains the ideal way to grow your
business while maintaining leverage and control. See
"The
Best Funding Strategy Of Them All: None" for
more thoughts on the subject. If you can't swing it,
another option is the Friends
and Family Round, described here.
Startup Finance
A common issue with startups is around valuation; in
response, we put together "Startup
Valuation: How Much Is Your Company Worth?"
Another relevant article explores Mint.com's
early finances.
The Deal
Articles on the Exit-- namely, getting acquired: "
Key Elements For Selling Your Company," as
well as "More
on M&A for Startups" and "Acquisition
As An Exit Strategy." For partnerships
and business development deals, see "Startup
Business Development Strategies: 7 Tips For Putting
Together Outstanding Deals."
Humor
"Things
A VC Will Never Say" and the corresponding
"Things
A Founder Will Never Say".
Etc.
We do a lot of sailing; it clears the head (and is pretty
fun to boot). We are writing an ongoing series called:
"What
Startups Can Learn From Sailors."
Enjoy!
|