A version of this article originally appeared in the Austin Business Journal. by Kip McClanahan and Morgan Flager. Adding Outside Experience Knowing when to bring experienced management talent into a young company is a subtle, yet critical decision point that almost all successful companies will pass through in their lifetimes. In the early days, with [...]
The Start-up Sprint to $25m in Annual Revenue
Entrepreneurs should have a framework for thinking about how to achieve the sort of scale that justifies a $100m+ exit – and that’s what this post is about. It’s also a result of a number of recent discussions and other posts: active planning cycles in many of Silverton’s portfolio companies growth targets and revenue scale [...]
Operational planning done right – for startups
This article originally appeared in the Austin Business Journal. An updated planning discussion with examples will follow this post in the next week or so. Operational Planning for Start-up Companies No matter what kind of startup you run, great communication is critical to success. And one of the best tools for communicating business context, risk, [...]
The 4 requirements for a VC-backed CEO
This article originally appeared in The Austin Business Journal and was co-authored by Morgan Flager and Kip McClanahan. It’s clear that the CEO’s role in a venture-backed startup is unique and critical to its success. What’s not so obvious is that the core job description — while it would be possible to roll out a [...]
Understanding how VCs work and what’s expected
This article originally appeared in The Austin Business Journal and was co-authored by Morgan Flager and Kip McClanahan. Understanding the business model of venture capital firms is critical for entrepreneurs who want to raise money from them. How VCs make money, pay expenses and repay their investors affects how these firms operate and make investment decisions. [...]