Startup 101

What is a Startup?

A startup is not just a small version of a big company. It is a temporary organization designed to search for a repeatable and scalable business model.

Growth Focused

Startups are designed for fast growth. This is the only essential difference between a startup and any other business.

Problem Solvers

Successful startups solve a specific problem for a specific group of people in a way that is significantly better than existing solutions.

Uncertainty

Startups operate in extreme uncertainty. They are experiments testing hypotheses about what customers want and will pay for.

The Startup Journey

Most startups follow a predictable path known as the "J-Curve". It starts with an initial dip in value (spending money/time) before finding product-market fit and scaling.

  • 1
    Valley of Death: The early stage where you burn cash without revenue. Most startups fail here.
  • 2
    Product-Market Fit: The moment when the market pulls the product out of your hands.
  • 3
    Scale: Pouring fuel on the fire. Rapid growth and expansion.
The Startup J-Curve
The typical path of value creation and the "Valley of Death"

The Investor Connection

Investors are the fuel for the startup engine. They provide more than just money; they are partners in your success.

Capital

Funding to hire talent, build product, and acquire customers before you are profitable.

Resources

Access to legal frameworks, hiring networks, software credits, and operational support.

Mentorship

Guidance from experienced founders and operators who have "been there, done that."

Funding Rounds & Dilution
Typical capital raised (in $K) vs Equity given up

Funding Rounds Explained

Startups typically raise money in "rounds," each with specific goals and valuation milestones.

Pre-Seed / Seed

Proving the idea works. Usually $500k - $3M raised.

Series A

Proving the business model scales. $10M - $20M raised.

Series B+

Scaling to market dominance. $30M+ raised.

The Hard Truths

90%

Failure Rate

Most startups don't make it past year 5.

10yrs

To IPO

Average time to go public.

1%

Unicorn Status

Reach $1B+ valuation.

20%

First Year Fail

Fail within the first 12 months.

Ready to Beat the Odds?

The right skills, mentorship, and network can significantly increase your chances of success.