Our Investment Framework Post-COVID-19

500

The post Our Investment Framework Post-COVID-19 appeared first on 500 Startups. There’s no doubt that COVID-19 has affected nearly every industry globally. Supply chains have been disrupted, businesses have had to close or operate at limited capacity for months, and even founders have had to expand their fundraising timeframes as we saw in our 2020 Female Founders Data Report. As a VC firm, we’ve had to adapt many aspects of our business as well.

A framework to think about pricing seed, angel, and venture capital rounds

This is going to be BIG.

How do you price a round? Its one of the most often asked questions and yet I've never seen a great answer given. It seems to me that the most important factor in pricing your round isn't your progress or your idea. It seems to come down to two things: 1) How much do you want to raise? 2) Supply and demand of capital willing to invest in your company. The second is pretty obvious, but what about the first? So the more you want to raise, the more your company is worth?

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A Framework for Maximizing Startup Marketing Effectiveness

Tomasz Tunguz

At a board meeting last week, one of the VPs of Marketing I’m lucky to work with presented a brilliantly simple way of explaining the evolution of a startup’s marketing tactics. I’ve drawn a diagram of the idea above, which borrows heavily from McKinsey’s 3 horizons. Startups have many different marketing options at their disposal: SEO/SEM, print, radio, TV, mail, affiliate, content marketing…The list goes on and on.

A six-step framework to make strategic decisions

Tomasz Tunguz

This framework has helped me many times simplify strategic questions and shift from questioning to analysis to action. By using an analysis framework like the one above, you can bring clarity and a common language with your board for evaluating and making the right strategic choices Any number of challenges can arise during a startup’s initial years. Some of these changes could be major and may require rethinking strategy. Competitors enter your target market.

Buyer’s Checklist: How to Evaluate a B2B Contact Data Provider

Many organizations fail to properly evaluate vendors during the selection process. Download ZoomInfo’s data-driven eBook for guidance on effectively assessing the vendor marketplace. After reading, you’ll gain insight into the following components:

The Best Goal Setting Frameworks

Tomasz Tunguz

But, there are other frameworks for setting goals. I had wanted to find some consistent framework for setting goals. Of late, I’ve been having lots of conversations with founders about setting goals. It’s a really important topic for many founders, because it’s the way that management teams align incentives and focus an organization on a few important areas.

[Virgin Hyperloop One in Post Gazette] U.S. Department of Transportation releases framework for hyperloop development

OurCrowd

Department of Transportation releases framework for hyperloop development appeared first on OurCrowd Blog.

3 key ingredients for successful remote work

Entrepreneurs' Organization

Richard Walton and Heléne Smuts say yes—provided you have the right framework in place. In order for any company to transition to being remote, a robust framework must be established for everyone to follow. Essentially, this framework ensures that people have what they need to deliver.

A Framework to Maximize Your Startup's Hiring Success

Tomasz Tunguz

After a startup attains product market fit and begins to exceed the first breaking point of the startup management structure around 10 employees, it’s time to codify the company’s values. The values of the company are the most concrete way for a business to determine whether candidates might make good employees. At two separate SaaS Office Hours recently, we heard similar stories from Maia at Greenhouse and Pete at Optimizely.

CO.STARTERS Launches New Initiative Focused on Small Business Recovery

Co Starters

A five-step Road to Recovery framework to help entrepreneurs adapt now and for the future. To this end, CO.STARTERS has launched the Road to Recovery framework 1 to help entrepreneurs and communities navigate the unforeseeable future. This Road to Recovery framework is how we believe we can best serve businesses of all stages in the moment that we are in. CO.STARTERS has always been about helping entrepreneurs get unstuck.

The Three Frameworks You Need to Create Powerful Presentations and Tell Compelling Stories

Tomasz Tunguz

In Resonate, Nancy explains the three different key components of memorable, effective pitches: the journey the speaker would like the audience to traverse, the framework for creating a good story, and the mechanism to bring the two together. Last, Duarte combines synthesizes the output of these two frameworks into a spark line, like the one above for the iPhone announcement by Steve Jobs. I remember many the great TED talks I’ve watched.

Rosetta

A VC: Musings of a VC in NYC

Our portfolio company Coinbase released an open source framework for crypto asssets to make it easier to list them on crypto exchanges. An open source middleware framework like Rosetta should make it much easier for exchanges to list new assets and allow them to support new assets more quickly. It is called Rosetta. Coinbase is encouraging blockchain projects to integrate Rosetta so that they can more easily list new assets on the Coinbase Exchange.

Dave Balter’s framework for being a great leader

Fred Destin

Dave learned a framework called OGSM (Objectives / Goals / Strategies / Measures) after his company Bzzagent was acquired by market research firm dunnhumby. The OGSM framework can be use to manage change at each of these levels. Simple framework : the top 5 list. P&G picked it up as the cornerstone of how they cascade their strategic framework top down. I found the OGSM framework useful because it is simple and actionable.

The Key to Finding Solutions is Making Mistakes

Co Starters

Taking the established methods and frameworks in our signature Core program in one hand and virtual-learning technology in the other, we reframed the conversation around business adaptation with our Road to Recovery initiative and Rebuild program. .

The 4 States of an Engineering Team

Tomasz Tunguz

The 4 states of an engineering team is a mental model that resonated with me, and I think it provides a framework for leadership teams and boards to understand the state of a developer team. The mental models and frameworks are broadly applicable and useful

5 Questions with Ian Hathaway, co-author of The Startup Community Way

Ian Hathaway

It’s a collection of frameworks, principles, and action points that guide and inform practitioners and observers about the key characteristics, behavioral patterns, and basic function of startup communities and entrepreneurial ecosystems. What is “The Startup Community Way”?

It Takes a Village to Build an Ecosystem

Co Starters

The Community Roles in Ecosystem Building framework intentionally uses language designed to help shift our thinking from institutions to individuals. Let us know how we can continue to improve the framework to help more sustainable, scalable, transformative ecosystem building work happen in our communities regionally, nationally, and locally… for better people, better communities, and a better world. By Enoch Elwell, CO.STARTERS Founder & Visionary.

We Created a Program to Help Businesses Rebuild. Here’s What We’ve Learned So Far.

Co Starters

This comes as little surprise to us, as the Rebuild program model is based on the proven tools, processes, and frameworks we teach in our CO.STARTERS Core curriculum.

Event Driven Growth

A VC: Musings of a VC in NYC

Each situation is different but a framework I like is to take your pre-event baseline, your event driven peak, and assume you will give up half of the delta when things return to normal and that will be your new baseline. I realize that most businesses are suffering greatly in this pandemic. Many have been shut completely. But there are some that are experiencing the opposite situation. They have a growth spurt as a result of this moment.

Unusual Ventures’ Sarah Leary and John Vrionis join Extra Crunch Live today at 2 pm EDT/11 am PDT

TechCrunch

I’ll ask Leary and Vrionis to share their framework for working through a looming event such as a presidential election and get their ideas on how early-stage is working more broadly. Today at 2 p.m. EDT/11 a.m.

ESHIP Year Three: From Inspiration to Action

Co Starters

Developed from our learnings across hundreds of communities, the Community Roles framework is intended to help leaders identify skill sets in themselves and others that are key to ecosystem building. The first ever CO.STARTERS pop-up book—a long-time idea of our Creative team—also made its debut at our Science Fair booth, bringing together our models and frameworks for ecosystem building in the form of a touchable, tangible story.

Unsung Heroes of Ecosystem Building: Meet the Voices Championing “Universal Support”

Co Starters

Written by Anika Horn and Jeff Bennett, the series introduces each of the seven ESHIP Goals (a collaborative framework) through the perspectives of Champions who are spearheading initiatives within each goal.

Navigating the Stages of Community Growth

Co Starters

While these frameworks are incredibly helpful, a very important set of factors are being overlooked—context, trajectory, and timing. A Model for Starting and Sustaining an Entrepreneurial Community. By Enoch Elwell. Entrepreneurial culture is changing. There’s something exciting afoot if you look through the negative national narrative on the decline of small cities and towns across the United States.

Growing a Living Community

Co Starters

CO.STARTERS credits this success to the growing community of passionate and highly engaged individual entrepreneurial leaders and ”ecosystem builders” across the network who are actively implementing the frameworks and tools in their local context and sharing their learnings to continually make the resources more effective. CO.STARTERS Summit Highlights Deepened Support for Entrepreneurial Leaders. Grassroots entrepreneurial leaders from across the U.S.

Give Big, Shop Small with 12 Days of Starters

Co Starters

Download the free framework we use to help people turn ideas into action. Each year during the holiday season we look forward to putting our money where our mission is: helping communities thrive through entrepreneurship. The CO.STARTERS Holiday Gift Guide was created to celebrate the growing community of starters we are proud to support, and to help anyone shop local anywhere and leverage their holiday spending to support entrepreneurs and the communities that support them. .

What To Work On

A VC: Musings of a VC in NYC

But I can give you a framework because choosing what to invest in is a lot like choosing what to work on. But the framework is similar. My partner Brad likes to ask about the distinction between doing things right and doing the right thing. His observation, which I totally agree with, is that many people and companies do things right but don’t do the right thing.

Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Draw from Frameworks. The most helpful type of advice in my mind are frameworks for how to solve a problem. On market segmentation I often recite my “ Elephants, Deer & Rabbits ” framework. On teams I have a framework for tech teams “ CTO vs. VP Eng ” or on sales I have “ Journeymen, Mavericks & Superstars ” 5. Each is a framework for thinking about a problem.

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A Scorecard: Should a decision be fast, or slow?

A Smart Bear

Rather, this is a framework for thinking through what needs to be done. We all know that startups should make decisions quickly. Fast decisions leads to rapid action, which accelerates the loop of production and feedback, which is how you outpace and out-learn a competitor, even one that already has a lead. But some decisions should not be made in haste, like a key executive hire , or how to price , or whether to raise money, or whether to invest millions of dollars in a new product line.

Why You Haven't Sold Your Product to a CISO

Dream It

For example, Mitre Att&ck framework for classifying threats and alerts (If it’s a SaaS offering) SOC2 certification There are many other certifications such as Common Criteria that provide assurance your product meets minimum requirements.

Illustrating how to be an ethical leader, with Senior Director for Leadership Ethics, Ann Skeet

Young Leaders of the Americas Initiative

Ann provides the YLAI Network an overview of the important ways individuals can lead ethically and responsibly and how they can set the framework for an ethical organization. Ann acknowledges that there are certain conditions that make it more likely to build a more ethical framework when developing a culture for your organization. Ann recommends YLAI Network members understand and practice establishing this framework, at any stage in their professional life.

Building Your Early Startup Core Team

Dream It

We brought on Caya (CEO of Slidebean ) to provide a smart framework on how to find the right cofounders that can hit this mark. In the early stages of startup growth, it is critical to have a balanced and strong core team of founders. Here’s why those two words matter.

How to Maximize the Contributions of 4 Diverse Work Styles

Entrepreneurs' Organization

A Framework to Understand People. I find that it’s easiest to start with a framework, such as the one below. Contributed by Justin M. Deonarine , an industrial organizational psychologist with Psychometrics Canada , which provides psychometric assessments to help businesses hire the right individuals and develop teams and leaders. We asked Deonarine about the benefits of diversity to an organization. Here’s what he shared. . The business case for diversity is undisputed.

Sanity, a platform to build and manage content flows on sites, raises $9.3M from Ev Williams, Threshold and more

TechCrunch

There are more than 2 billion websites in existence in the world today, millions of apps, and a growing range of digital screens where people and businesses present constantly changing arrays of information to each other.

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SeedFuel–Rowad, Flat6Labs, and Nest on the Bahrain Startup Community

GAN

Plus, Bahrain’s ecosystem offers much more and has already taken action in transforming its regulatory framework and shifting its focus to incorporate the digital world. If you’ve ever wondered what an island like Bahrain has to offer to entrepreneurs and startups, we’re happy to fill you in and let you know how the ecosystem here has developed with the support of key stakeholders. Background on Bahrain.

Startup Funding Explained: How to Raise a Bridge Round

Dream It

When you’re raising a bridge round and pitching investors, their first reaction may be that you’re in trouble. To overcome this, you’ll need to properly address your reason for raising bridge funding.

Building Trust With Investors Amidst COVID-19

GAN

Using the same framework above, you will want to tell your investors the following: The status of the products you launched before COVID-19. Raising money just got a lot harder. According to CB Insight’s latest analysis , startup financing is about to take a giant hit. As you can see below, CB Insights forecasted that Q1’20 funding would ultimately be $67B (down from a projected $77B), mainly due to the Coronavirus outbreak.

Hypothetical Value To Real Value

A VC: Musings of a VC in NYC

I try to keep this framework front and center in my brain as we meet with founders and work to find transactions that work for everyone. I remember when my son came home one day in high school and told me he wanted to “day trade” along with some friends who were doing it. We opened a TD Ameritrade account and staked him with a small amount of money, enough to trade but not enough that if he lost it all it would be an issue. And off he went.