Brad Gillespie
brad@gillespie.fm

All Ideas
Good
Ideas

Product Maturity
Refining with your customers
• Talking to them
• Watching them
• Measuring them
Creating
Bringing your vision to life
Time

Dave McClure
Startup Metrics For Pirates
www.500hats.com

As much value to you
as to your potential
investors
Clarify your value
proposition
Be clear about your
moat

Friends & Angel & Venture
Self Funded Private Equity
Family Early-Stage Capital

The VC model was developed in-part to build products
with high upfront costs, it is not appropriate for all
startups.
The technological landscape has changed what it takes
to create a successful product.
The economic contraction is the new normal.

http://www.feld.com/wp/archives/2009/03/entrepreneurs-dont-be-afraid-of-gdp-growth-rate.html

http://www.avc.com/a_vc/2009/03/in-the-us-mobile-internet-usage-is-at-leasat-onethird-and-maybe-onehalf-of-wired-internet-usage.html