Are business plans outdated for tech and internet startups? Is it necessary to write a business plan or can you get by with an elevator pitch? Do investors expect you to have a business plan?

Watch this video where Andrew explains why the business plan is essential for founders as they build their companies and try to raise venture capital.


Are Business Plans Obsolete for Startups?

Video Takeaways

  • The most important audiences for your business plan
  • What questions the business plan answers

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Have you written a business plan for your startup? Do you share your business plan with employees? How has your business plan been received by investors?

Tell us about your experience in the comments or submit your startup question for the chance to be featured in a future video.