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{"id":28868,"date":"2023-04-11T21:45:42","date_gmt":"2023-04-11T21:45:42","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/04\/11\/techcrunch-roundup-5-year-business-models-revops-tactics-how-much-to-pay-founders\/"},"modified":"2023-04-11T21:45:43","modified_gmt":"2023-04-11T21:45:43","slug":"techcrunch-roundup-5-year-business-models-revops-tactics-how-much-to-pay-founders","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/04\/11\/techcrunch-roundup-5-year-business-models-revops-tactics-how-much-to-pay-founders\/","title":{"rendered":"TechCrunch+ roundup: 5-year business models, RevOps tactics, how much to pay founders?"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/04\/11\/techcrunch-roundup-5-year-business-models-revops-tactics-how-much-to-pay-founders\/<\/a><\/br>
\nTechCrunch+ roundup: 5-year business models, RevOps tactics, how much to pay founders?<\/br>
\n2023-04-11 21:45:42<\/br><\/p>\n

\n

About 10% of startups will fail in their first year. Between years two through five, approximately 70% of companies will go under.<\/p>\n

But those figures don\u2019t matter when you\u2019re pitching: Investors expect to see a business plan that describes how you plan to reach profitability within 3-5 years.<\/p>\n

\u201cWhile it may feel unfamiliar, as a founder there are a few key things to keep in mind that will ensure that your financial model is both a powerful tool for you and is also investor ready,\u201d writes legal\/business adviser Anthony Millin.<\/p>\n

\n

Full TechCrunch+ articles are only available to members.
Use discount code TCPLUSROUNDUP<\/strong><\/a> to save 20% off a one- or two-year subscription.<\/i><\/p>\n

\n

In this detailed primer, he shares a framework for creating a 60-month bottom-up financial plan<\/a> that accounts for early fixed expenses like R&D and marketing, which drive high burn rates during the first 12-18 months of operation.<\/p>\n

\u201cRemember, the goal here is to demonstrate a thorough understanding of your market and how your business scales, which is then reflected through the various assumptions you use to build the model,\u201d writes Millin.<\/p>\n

Thanks very much for reading,<\/p>\n

Walter Thompson
Editorial Manager, TechCrunch+
@yourprotagonist<\/a><\/p>\n

If you\u2019ve raised venture capital, you have to pay yourself<\/h2>\n
\"hand<\/p>\n

Image Credits:<\/strong> Liia Galimzianova (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n

What\u2019s a suitable salary for an early-stage startup founder? Should they even get paid at all?<\/p>\n

Haje Jan Kamps says some investors are urging entrepreneurs to forego paychecks, but \u201cnot being able to afford your mortgage, rent [or] car payment\u201d will have a material impact on a company\u2019s chances of success.<\/p>\n

\u201cAs an investor in these startups, it\u2019s your duty to help the startup get to that point in the shortest possible amount of time,\u201d he writes.<\/p>\n

\u201cTelling founders not to take a salary is wonderfully counterproductive on so many levels.\u201d<\/p>\n

Vote for TechCrunch in the Webby Awards!<\/h2>\n
\"NEW<\/p>\n

Image Credits:<\/strong> Michael Loccisano (opens in a new window)<\/span><\/a> \/ Getty Images (Image has been modified)<\/p>\n<\/div>\n

Two TechCrunch podcasts, Chain Reaction and Found, have each been nominated for Webby Awards in the Best Technology Podcast category.<\/p>\n

Cast your vote<\/a> before Thursday, April 20!<\/p>\n

In the new normal for VC, builders will win<\/h2>\n
\"A<\/p>\n

Image Credits:<\/strong> LEREXIS (opens in a new window)<\/span><\/a> \/ Getty Images<\/p>\n<\/div>\n

Large VC firms ensure deal access using a complex mix of strategy, research and relationship building, but \u201clooking deep to the vision and initiative of each founder is the only way forward,\u201d says Will Robbins, a general partner at Contrary Capital.<\/p>\n

Because so much capital is readily available, \u201cwe are never going back to the days where venture capital firms can win by being the only term sheet on the table,\u201d writes Robbins, who shares his perspective on collecting deal flow, building a tech stack and productization \u201cfor LPs thinking about the decade to come.\u201d<\/p>\n

As crypto startup valuations come back to Earth, big investors are bargain hunting<\/h2>\n
\"illustration<\/p>\n

Image Credits:<\/strong> Bryce Durbin \/ TechCrunch<\/p>\n<\/div>\n

Several large crypto funds that launched in the last two years are still actively deploying capital and hunting for additional opportunities, reports Jacquelyn Melinek.<\/p>\n

To get a sense of what they\u2019re looking for and the trends they\u2019re anticipating in 2023, she spoke to:<\/p>\n