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Old Geezer
06-15-2007, 08:55 AM
"VCs want high-yield returns with an unlimited cap. They prefer for you to take your company to an IPO within a few years. If your business plan doesn't have the figure "$20,000,000" on it anywhere (and, barring a typo, it won't), they're not interested."




QFAT

LBrownIII
06-17-2007, 08:54 PM
Thanks for that.

And, for the record, this entire column applies to pretty much any retail business. The cash-flow works differently for certain other kinds of businesses, but most business models will find something useful in here.

Save-vs-DM
07-01-2007, 05:33 AM
I have to say, these are really interesting. While I've not interest at all in opening my own shop, I have been helping a buddy build on his dream. I've sent a link to these columns.

Keep up the good work!

Save vs DM

LBrownIII
07-02-2007, 12:36 PM
Thanks for the attaboy.

BTW, I'm in e-mail discussion with several readers right now, and I have to let you know that I've had e-mail problems since Friday or so. I hope to have it fixed soon. If you want to share your discussion with others, feel free to post here.