http://www.theventurecode.com/wiki/ 2008-12-03T08:46:46-08:00 http://www.theventurecode.com/wiki/ http://www.theventurecode.com/wiki/lib/images/favicon.ico text/html 2008-11-29T09:33:27-08:00 http://www.theventurecode.com/wiki/annex_fund?rev=1227980007&do=diff annex funds are side funds that can provide an extra pool of money to supplement the original VC Funds. text/html 2008-09-28T18:58:23-08:00 http://www.theventurecode.com/wiki/bottom_up_modeling?rev=1222653503&do=diff Bottom up modeling means basing the assumptions on business ability to deliver, rather than market capacity to supply. For example a retail store may assume number of sales people and number of items sold by each sales person rather than number of potential buyers in x miles radius and expected market share to grab. text/html 2008-09-19T19:37:51-08:00 http://www.theventurecode.com/wiki/vito_letter?rev=1221878271&do=diff VITO stands for Very Important Top Officer. Basically, the VITO letter is supposed to get you in front of that hard to reach executive. It is a marketing tool. A well crafted message followed by a phone call is always be a good practice. Following is a sample from http://salesho.com text/html 2008-09-17T19:02:56-08:00 pejman http://www.theventurecode.com/wiki/cash_flow?rev=1221703376&do=diff The flow of cash in and out of a business. “Cash flow” is different from the terms “break-even” or “profitable”. In the early days, a company may have negative cash flow for some period but still look profitable on the books. Or, a company may have a positive cash flow and yet still lose money (for a time) because of a carry-over debt. Managing cash flow is crucial in an entrepreneurial firm to meet varying short- term cash needs. text/html 2008-09-17T19:02:10-08:00 pejman http://www.theventurecode.com/wiki/silent_partner?rev=1221703330&do=diff A silent partner is an investor who does not have any management responsibilities but provides capital and shares liability for any losses experienced by the entity. Silent partners are liable for in any losses up to the amount of their invested capital and participate in any tax and Deal flow benefits. Silent partner is also known as a “sleeping partner”. text/html 2008-09-17T19:02:10-08:00 pejman http://www.theventurecode.com/wiki/financial_resources?rev=1221703330&do=diff Fix and variable costs Burn Rate Accuracy Deal flow Use of Fund Future Capitalization Valuation Backup text/html 2008-09-17T19:02:09-08:00 pejman http://www.theventurecode.com/wiki/deal_flow?rev=1221703329&do=diff Deal flow (dealflow) is the rate at which investment offers are presented to funding institutions. text/html 2008-09-17T19:00:35-08:00 pejman http://www.theventurecode.com/wiki/start-up?rev=1221703235&do=diff Startup (or Start-up) is a new business venture in its earliest stage of development. A new business that is usually completing its product development and initial marketing. It can be of any size, but usually small. “Start-up” comes after “seed stage.” text/html 2008-09-17T14:09:04-08:00 http://www.theventurecode.com/wiki/zopa_zone_of_possible_agreement?rev=1221685744&do=diff The range of investment terms or amounts open to possible negotiation, ranging from the lowest the entrepreneur is willing to accept (the minimum) to the most the investor is willing to pay (the maximum). text/html 2008-09-17T14:08:03-08:00 http://www.theventurecode.com/wiki/warrants?rev=1221685683&do=diff An option given to an investor to buy stock in a company at a predetermined time and a predetermined cost. Warrants may not have an expiration date. Outstanding warrants can postpone an investor’s exit, enabling him or her to become more, not less involved with the company. Warrants are often included in private loans which investors make as their “icing,” and sometimes are added as part of an early investor’s option for later investments. Warrants seem harmless as an incentive at the time they … text/html 2008-09-17T14:07:04-08:00 http://www.theventurecode.com/wiki/walking_dead?rev=1221685624&do=diff Refers to companies who after 3-5 years have neither gone public, been acquired or filed for bankruptcy.