Startup Math

1 + 1 = 1/2

From’s recent post about entrepreneur Chris Lyman:

I do funding a bit different than other entrepreneurs. I launch the company myself. I form (some of) the team. We build the product. We get to revenues… and we even go profitable. In short: we get our ship lean, mean, and pumping efficacy from every valve. Then we go get VC funding [if necessary].

I couldn’t have said it better myself. My background includes venture debt & equity investing, from the go-go late 1990s through the breathtaking cyclical peak, to the post-9/11 trough, and back up through the recovery (which is now well past its peak). It’s been a tremendous experience. Timing is everything, as they say. Actually Marc Andreessen says the only thing that matters is the market.

AddThis Social Bookmark Button

Subscribe to The BuzzPal Blog by Email – The World Is Your Party

Sign up for Yahoo! Personals 7 Day Free Trial


One Response to “Startup Math”

  1. It’s all about proving the product, proving the commercial viability and proving the team behind the company. Then you can raise financing. It is easier this way. I do the same as you do.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: