Bill Reichert – The Art and Science of Building your Business Model Workshop In Silicon Valley
Instructor: Bill Reichert, Managing Director, Garage Technology Ventures, venture capital investor, serial entrepreneur, author, and creator of The Art of Startup Finance.
Produced by VC Taskforce
Thursday, August 18, 2016 from 6:00 PM to 9:00 PM (PDT)
Doors Open: 5:30 PM
Program: 6:00-9:00 PM
Location: Hogan Lovells US LLP
4085 Campbell Avenue
Menlo Park, CA 94025
Hors d’oeuvres and soft drinks included
This workshop walks entrepreneurs through the nine elements of the business model, starting with the Value Proposition. Entrepreneurs will be asked to articulate their current hypotheses for each element, and then connect the elements in their “Business Model Formula,” the financial model that converts their words into economics.
During the workshop, participants will learn:
– The nine key elements of the Business Model Matrix
– The limitations of the “Business Model Canvas”
– Why most business models are doomed to failure
– How to test, iterate, and validate the business model elements
– How to convert the business model into a financial model
– Questions investors will ask about the business model
At the end of the workshop participants will have a practical and useful framework that will enable them to develop, test, and validate the business and financial model.
Bill Reichert has over 20 years of experience as an entrepreneur and operating executive. Since joining Garage in 1998, Bill has focused on early-stage information technology and materials science companies. He has been a board director or board observer at CaseStack, WhiteHat Security, ClearFuels Technology, Simply Hired, MiaSole, D.light Design, ThermoCeramix, and VisaNow, among others. Prior to Garage, Bill was a co-founder or senior executive in several venture-backed technology startups, including Trademark Software, The Learning Company, and Academic Systems. Earlier in his career, he worked at McKinsey & Company, Brown Brothers Harriman & Co., and the World Bank. Bill earned a B.A. at Harvard College and an M.B.A. from Stanford University. He was a founding board member and a Chairman of the Churchill Club, and a Board Member of the Silicon Valley Association of Startup Entrepreneurs. Currently he is the Chairman of the Small Fund Roundtable of the VC Taskforce and a member of the Council on Foreign Relations in New York.
Garage Technology Ventures
Garage Technology Ventures is a seed and early-stage venture capital fund. We invest in extraordinary entrepreneurs with unique technologies that will define the next era of innovation. We take a hands-on approach from the very beginning, partnering with talented entrepreneurs to transform their vision into reality.
VC Taskforce is an organization committed to enhancing collaboration in the venture community. Visionary thinking, uncensored questions and opinionated discussions around pressing issues that face members are hallmarks of events. Today, more than 16,000 members and participants have been actively involved in VC Taskforce.
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