Startup Professionals Musings
APRIL 12, 2019
Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.
View from Seed
NOVEMBER 18, 2020
Airbnb convinced travelers to part with 100% of their booking cost up front and then they pay out the required amount to hosts when the stay actually occurs. The straight cost of revenue line is only ~25% of revenue implying a 75% gross margin, assuming you were looking at this in a simplistic revenue / COGS / gross profit manner.
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YoungUpstarts
FEBRUARY 27, 2019
In 2019, more innovations involving these security features will be prominent in the world of business, especially in e-commerce. The rise of mobile apps and their services, whether they cater to fitness, health or leisure, will continue to soar this 2019. Another business trend that will continue to grow this 2019 is online learning.
YoungUpstarts
JANUARY 2, 2019
There are trends to watch for in 2019 and over the next few years that signal a recalibration of everything we thought we knew. Here are a few trends to watch for in 2019: 1. It spreads out the cost naturally, improves retention, and keeps the information updated and relevant in industries that evolve overnight.
Startup Professionals Musings
NOVEMBER 28, 2020
The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. The cost of social media done well is low.
Startup Professionals Musings
DECEMBER 13, 2019
The problem is that more SKUs dramatically increases complexity and cost, when you can least afford it. Buy too much inventory too soon to get unit costs down. Unit costs are important, but don’t forget about the cash flow hit, extra storage costs, and the probability of obsolete inventory due to necessary updates or pivots.
Both Sides of the Table
DECEMBER 11, 2022
We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Until we weren’t. Nobody cared about our valuations any more.
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