Start-ups shouldn’t bother with detailed business plans: Mike Moritz
Maybe, but startups should not come into that first meeting with a potential investor with nothing but a nice smile and a firm handshake. The point of a business plan is simply the intellectual exercise of crossing the t’s and dotting the i’s. No investor really believes that it’s a rigid plan, but investors do want to have confidence that you have figured out the moving parts and have a well formed idea of the direction you need to go in. I don’t get detailed business plans for any of the deals we look at, but we do expect to see evidence of detailed planning behind the great teams.
Link: Start-ups shouldn’t bother with detailed business plans: Mike Moritz.
According to BusinessWeek’s Deal Flow blog, Michael Moritz, a general partner at VC firm Sequoia Capital and an early investor in Google, Yahoo! and Cisco, while speaking at the VentureOne conference in San Francisco told a story about Google that demonstrated why VCs always say they invest in entrepreneurs or ideas–and not business plans.As you might know, Google started out thinking it would
So I’ve had a ton of laundry in my guest room for probably more than 6 months, some folded and some not. I felt real depressed these couple of days and I’m not sure why. But Sherry and I decided to fold all the clothes and put them into my closet, only actually took about half an hour.
I feel much better now…
Hi everybody, I’m moving soon, and I’m trying to sell my furnitures as soon as possible…
1. Loveseat sofa – $60
2. IKEA side tables (2 black &1 baby blue) – $20 each
3. Light wood extendable dining table with 6 chairs – $60
4. IKEA desk – $60
5. Cooking pots – $15
6. Floor lamps – $5 each
7. Full size mattress + box spring + bed frame w/ wheels – $50
8. Twin size mattress + box spring + bed frame w/ wheels – $50
You can find the pics at http://gallery.sherrysun.com/Furniture
Email me at ME AT SherrySun DOT com if you’re interested…