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Post a RequestVenture 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™
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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