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Startup Sprint

Discontinuing Blog

On September 17, 2018 I paused new posts and podcasts to see if a big startup idea is worth pursuing. I will be pursuing that full time, so this blog is formally discontinued. The idea is curing the inability to sing on...

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Funding Dictionary

Grant Term

Brick and Mortar

A grant targeted to fund buildings – either new construction or renovation – would be a brick and mortar project. For example the US EDA (Economic Development Administration) funds a lot of brick and mortar...

Bootstrapping Term

Virtual organization

The term virtual organization describes a broad array of alternatives to traditional organizations that do not use binding agents such as real estate and physical proximity, full time employment, management hierarchy...

Equity Term

Pre-money valuation

Equity investors determine the pre-money valuation for a company by setting a fixed price per company share of their investment, and by other investment terms. In its simplest form, the pre-money valuation translates...

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