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Value Driver Definition

value driver – n : an important factor that determines or causes an increase in value of a business, as viewed by investors
Example: For a brand new startup (i.e., a business still in the Shaping stage of the Venture Value Chain), key value drivers can include the assembly of a strong management team, a seasoned and influential board of directors and advisory board, the development of a compelling business plan, and the ability to produce a demonstrable prototype of product. Key value drivers for early-stage ventures (in the Launch stage) can include the completion of a first commercial version of the product and attracting the first paying customers. Important value drivers in the Scale stage usually include a strengthened management team, expanded infrastructure for sales, distribution and customer support, and predictably ramping revenue.

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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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