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Venture Value Chain Definition

venture value chain – n : a model that describes the lifecycle of a startup company, covering the following five stages:

· Shape – develop, research and plan the original new-business concept

· Launch – start the business

· Scale – drive hyper-growth by rapidly scaling sales and operations

· Refine – manage for consistent and predictable revenue and profit growth

· Exit – achieve liquidity for shareholders

Entrepreneurs and startup teams can use the Venture Value Chain to identify where they are in the startup company lifecycle, understand the critical success factors for the business at each stage, and avoid unnecessary mistakes and oversights in planning and execution.

Shape Launch Scale Refine Harvest
The Venture Value Chain™

Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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