The tech entrepreneur's survival guide : how to bootstrap your startup, lead through tough times, and cash in for success

Format:

Book

Author/Creator:

Schoner, Bernd, Author.

Language:

English

Subjects (All):

High technology industries--Management.

High technology industries.

Technological innovations--Management.

Technological innovations.

New business enterprises--Management.

New business enterprises.

Entrepreneurship.

Physical Description:

1 online resource (288 pages)

Edition:

1st edition

Other Title:

How to bootstrap your startup, lead through tough times, and cash in for success

Place of Publication:

[Place of publication not identified] McGraw Hill Education 2014

Language Note:

English

System Details:

text file

Summary:

Most technology startups never make it to the funding stage, and only a small percentage of those that are venture-backed generate a positive return for their investors. An even smaller number of startup founders enjoy a truly prosperous exit. Bernd Schoner cofounded his tech startup during the dot-com bust, navigated it through market crises and internal turmoil, brought it through the global financial meltdown intact, and eventually sold it to a multibillion-dollar, multinational public technology company. In The Tech Entrepreneur's Survival Guide , Bernd shares what he learned and what he wished he knew at the time. He explains the major phases in a technology company's life cycle, helping entrepreneurs avoid common pitfalls and survive crises when they strike. He guides readers from the initial bootstrapping process through venture-capital financing and provides valuable advice on how to sell a technology company profitably--even in a challenging economic environment. Every chapter presents solutions to realworld issues that could otherwise have fatal consequences for a tech venture. Aspiring tech entrepreneurs will learn to: Set up shop: build the team, assemble necessary startup assets (including technology and intellectual property), get legal and financial affairs in order Secure capital: ask for money, nail the term sheet, ask for more money Get out: know when to sell, who to sell to, and how to make it a happy exit for all stakeholders, including the employees Written with deep insight, refreshing candor, and a dash of humor, this comprehensive guide to the often harsh realities of startup life is indispensable for entrepreneurs at any stage. PRAISE FOR THE TECH ENTREPRENEUR'S SURVIVAL GUIDE : "A genuine narrative from the field, with battle scars and self-reflection. Reading this book will help you avoid many pitfalls." -- Nicholas Negroponte, professor at the Massachusetts Institute of Technology Media Lab "There's a lot of great insights and practical advice for the entrepreneur in this book, stuff you normally won't read or hear unless you buy some hard-bitten company founder a few drinks. If you are launching a technology startup, reading this book is the thing you should do first." -- Mark Roberti, founder and editor in chief of RFID Journal "I wish I had read Bernd's book when we founded The Echo Nest. Bernd touches on all the major issues in the initial formation stages of a tech company and many of the problems that come up ...

Contents:

The entrepreneurial dream

Part I. Bootstrapping : venture creation out of thin air

Should I or should I not venture into entrepreneurship?

Startup assets

Cofounders

Early funding

Administration

Compensation

Part II. Equity funding : a double-edged sword

Venture deals

Raising a down-round

Right-sizing

Part III. Exit : Selling your baby

Startup dynamics in crisis

Exit strategies

Corporate life.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

OCLC:

894223122