#Prota ventures free

This is a remote, full-time position, starting with a contract evaluation period. Our teams utilize time-tested approaches, strategic thinking, story-driven design, and rock-solid engineering to bring digital & physical products to market, including IoT, blockchain applications, AI, and other emerging technologies.Įvery member of Prota is expected to bring a genuine entrepreneurial spirit to the table many of our product ideas are generated internally and brought to market in collaboration with our incubation partners, which include both large enterprises and new founder teams. We are an operator-investor group that brings experience, capital, and talent to bold ideas.

#Prota ventures free

I hope you find these chapters helpful.Īuthor's note: as I mentioned above, feel free to subscribe to my newsletter and I'll let you know about publication details for this upcoming book.Forged from decades of business ideation, validation, and execution, our teams of experienced operators invest both time and capital into new ventures. While there is no lack of content out there for all these steps above, I have yet to find a concise resource that ties them all together (if you know of any, let me know). I've up these steps because I've met - and keep meeting - a growing number of entrepreneurs who are repeating similar mistakes, running into the same brick walls, and are having trouble getting into accelerators or finding success with angel investors and/or venture funds.

Unless you have a validated hypothesis of who your customers are, and can explain in detail how you will continue to acquire them successfully, it will be difficult to land funding. For example, most savvy investors (even in your pre-seed and seed rounds) will take a careful look at not only your team, product, and market, but also at often-overlooked things like your financial model and cycle times within your funnel metrics. Mistakes and bad habits formed during the foundation-setting process are costly.

Closing your first round and communicating with investors (leveraging their skills and networks)įoundational mistakes will affect your ability to raise money.

The Pitch (how/when to use the Deck, 1-pager, etc.).

The First Outside Round, navigating accelerators, angel investors, and venture capitalists.

Initial Iterations (product and company).

make it a functioning product on a staging server)

Prototype (html/css/javascript pages/views/components ).

Financial stuff ( financial model, where the initial $$ is coming from).

Legal stuff (corporate structure, team comp agreements, terms & conditions, trade names).

Overview Story (rough collection of initial user stories).

The Roadmap (timeline of sprints & milestones).

Customer Segments / Profiles / Personas.

The Market (competition, “why now”, addressable market).

Overview Statement (boiling down vision, problem, and solution).

The Idea (vision, problem to solve, product details, value & growth hypotheses).

Subscribe to my newsletter and I'll keep you posted on publication details.Īlso, my partners and I have built a web app to guide founders through this framework. These articles were published in early draft form below and will be turned into an upcoming book. That being said, it's a cyclical process and many steps can be worked on in parallel, just don't get too far ahead and leave other team members behind. We've learned the hard way, multiple (multiple) times, how doing things significantly out of order leads to miscommunication, wasted time/money, and unnecessary chaos. It's important to note that the basic order described below matters. Throughout the course of co-founding, advising, and investing in startups over the past couple of decades, my partners/advisors and I at Prota Ventures have developed the following practical operations framework to help founders through the early stages of startup life: