Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. I figured if Matt was on the verge of bankruptcy and one mentor changed his trajectory, what if we had a formalized, community-wide program?

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Both Sides of the Table

JULY 22, 2010

It was accept the terms or go into bankruptcy so we took the money. This states how the proceeds from a sale or dissolution of the company will be distributed. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed.

Valuation 405

Valuation Liquidation Preference Pre-Money Valuation Term Sheet 405

Both Sides of the Table

NOVEMBER 14, 2010

This is the time it takes for a bankruptcy or asset sale to occur. Instead investors are looking for the next flash sale, private sale, game dynamic, social games that rely on mobile platforms with geo-fenced, location aware offers. People often talk about what makes a great investor. Or a quick flip.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

YoungUpstarts

NOVEMBER 12, 2020

Many startups are already tech-based, and the tech they use can help them connect with consumers and make sales online. NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Shelter-in-place orders have left many startups lacking ways to interact with customers.

Bankruptcy 165

Bankruptcy Startup Agile Technical Review 165

Hearpreneur

OCTOBER 31, 2021

Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. I love how Tesla's sales are skyrocketing now, though, after seeing it go bankrupt 10 times!

Entrepreneur 124

Entrepreneur Software Review Las Vegas Bankruptcy 124

Both Sides of the Table

APRIL 26, 2016

profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). Poorly calculated LTVs can become BVs (bankruptcy values). Gross margin positive != The reason one would accept losses is when they are investments in fueling faster growth.

Metrics 150

Metrics Cost Acquisition Startup 150

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. Consistently support your brand during a down cycle to gain higher sales, and make sure to give back or share when your business is booming. Why are you rebranding your business?

Technical Review 149

Technical Review Software Review Bankruptcy Equity 149

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' By Scott Tarlow, founder, president and CEO of Success Systems. For any business, revenue matters.

Security 147

Security Bankruptcy Startup Revenue 147

Both Sides of the Table

MARCH 2, 2011

I like customer service but I also need to do sales, marketing, finance & operations. Fred Wilson seems to be more similar to me because he often writes about email bankruptcy, priority inbox & other topics about how to deal with email. But the honest truth is it could have happened. It’s the only way I can survive.

Email 287

Email Bankruptcy Equity Technical Review 287

The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. Effective marketing and sales initiatives are essential to succeed. By strategically leveraging debt, businesses can access the capital needed to invest in new opportunities, expand operations, and increase profitability.

Finance 147

Finance Technical Review Metrics .Net 147

Both Sides of the Table

MARCH 3, 2013

“In 15 Years From Now Half of US Universities May Be in Bankruptcy.” The numerator (return) encourages more sales, which is fine. ” Such was the quote of Clayton Christensen followed by, “… in the end I’m excited to see that happen. So pray for Harvard Business School if you wouldn’t mind.”

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

YoungUpstarts

JUNE 13, 2020

Sadly, sometimes it’s impossible to avoid bankruptcy when you have a business. Will your business’s bankruptcy harm your own credit score? In any of the three cases you can file for bankruptcy and it won’t (or shouldn’t) impact the credit of any party involved. The post Does A Business Bankruptcy Hurt My Personal Credit?

Bankruptcy 207

Bankruptcy Limited Liability Company Finance Limited Partner 207

YoungUpstarts

SEPTEMBER 27, 2017

by Larry Light, CEO of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 127

Private Equity Bankruptcy Technical Review America 127

Startup Professionals Musings

JANUARY 17, 2015

Sales and distribution channel activity will be analyzed, as well as cost of customer acquisition, to make an independent assessment of your financial projections. During that period, it is very difficult for either party to get out of the deal, since there is no public market for the stock, and business divorces normally mean bankruptcy.

Technical Review 120

Technical Review Due Diligence Startup Term Sheet 120

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. Sometimes that sabotage might cost you ‘only’ a customer or a sale… but over time, a few customers here and a few dollars there can lead to your closing your doors forever. Or a partner defects with your top client. Or a new law undermines your viability. So yeah… a lot can go wrong.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

YoungUpstarts

DECEMBER 2, 2014

In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. Opportunities to profit from offering defined contribution solutions include: Increased individual health insurance policy sales. For many, it’s been a struggle. Referrals from happy clients.

Software Review 224

Software Review Employee Retention Government 224

YoungUpstarts

OCTOBER 5, 2017

by Larry Light, Chief Executive Officer of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 113

Private Equity Bankruptcy Technical Review America 113

Steve Blank

MARCH 25, 2009

We knew from back-of-the-envelope calculations that I would need 3 times the combined marketing and sales budgets of the incumbents for a head-on assault. (I The 3:1 Lanchester Laws said I would need $60M in marketing and sales spending to win. You need to hire the right type of sales people for the type of [.]

Silicon Valley 161

Silicon Valley Marketing RSS California 161

The Startup Magazine

MAY 11, 2020

By doing so, you can focus on improving productivity and sales. Boost Sales and Revenue. Increasing sales and income in your business is a sure way of reducing the impact of pending unpaid debt you may have. Photo by Tyler Franta on Unsplash. Use Personal Loans to Consolidate Debts.

Software Review 110

Software Review Small Business Management Bankruptcy 110

The Startup Magazine

FEBRUARY 24, 2020

By boosting short-term sales figures via discounts which lure in new customers, for instance, you can convince business lenders that your business is enjoying a surge in growth and is thus an ideal candidate for a loan. This means bolstering your cash flow to the greatest extent possible.

Bankruptcy 129

Bankruptcy Technical Review Security Finance 129

Mike Michalowicz

APRIL 15, 2013

Sales don’t. In other words, bankruptcy. The entrepreneurial ego drives us to sell harder than ever. We cling to our expenses, believing we will need all those costs the moment we land that big client. Costs pile up predictably. Rent, for example, is a static and recurring cost.

Cost 151

Cost Bankruptcy Revenue Software Review 151

Occam's Razor

SEPTEMBER 24, 2012

I can see the correlation, but the conclusion implies a causality that may or may not be there ("the product sales exceeded all internal projections!"). From that analysis, they could identify the incremental sales in country X compared to Y, Z and A. Facebook works. The case study seemed to contain a rookie mistake.

Metrics 165

Metrics Advertising Marketing Social Media 165

The Startup Magazine

MARCH 31, 2023

As a result, being unaware of regular expenses can lead to overspending, cash flow problems, and even bankruptcy. For instance, if you are unaware of your business’s daily sales, you cannot identify a drop in sales at the right time. To get started, you can create a system for tracking your daily expenses.

Management 97

Management Software Review Finance Bankruptcy 97

YoungUpstarts

JULY 21, 2019

Why are there so many digital commerce companies which can challenge large traditional retailers and even force them into bankruptcy? The campaign serves not only as a mean to raise capital, but also as a strong market validation and as an excellent sales channel. finalized before the crowdfunding campaign.

Cofounder 113

Cofounder Technical Review Technology Netherlands 113

Up and Running

JUNE 21, 2021

This led to iRobot’s sale of more than 4,000 PacBot robots that perform perilous missions (like bomb disposal) in support of soldiers and first responders in combat. Since then, more than $30 million in SBIR funds have enabled iRobot to conduct 33 research initiatives to develop new sensors and other robot capability enhancements.

Columbus 134

Columbus SBA SBIR Utah 134

Startup Professionals Musings

MARCH 12, 2021

Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. What you don’t need is a buyer dealing directly with your landlord to get your key asset, leaving you with no leverage and minimum value for the sale.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

Lightspeed Venture Partners

OCTOBER 29, 2012

It had done about $30,000 in sales in a little over a year, and had emerged from a natural trade show with interest but no orders. The company was started six weeks ago, had no sales and no retail distribution yet. They should have raised money from friends and family, and grown sales further before seeking to raise outside capital.

Pre-Money Valuation 97

Pre-Money Valuation Offshore Valuation Cofounder 97

crowdSPRING Blog

DECEMBER 12, 2014

TV-Streaming Firm Aereo Files for Bankruptcy | WSJ – crowdspring.co/1Fh64Ie. Online Sales for Girl Scout Cookies Are Approved – crowdspring.co/1pIc88R. When You Give Your Team a Goal, Make It a Range – crowdspring.co/1yINX9Z. 7 Simple Ways to Appreciate your Team (and Boost Performance) – crowdspring.co/1veUNVr. 1v6Fr0z.

Social Media 100

Social Media Small Business Design Media 100

The Startup Magazine

MARCH 21, 2020

A short sale is a way to limit damage to your credit if you’re facing foreclosure. Instead of letting the bank sell the home (and potentially evicting you in the process), a short sale lets you sell your business property or home for less than what you owe on the mortgage (with the approval of the lender).

Bankruptcy 106

Bankruptcy Sales Programming Finance 106

Hearpreneur

SEPTEMBER 9, 2022

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 102

Entrepreneur Bankruptcy Southern California South Africa 102

The Startup Magazine

JULY 1, 2019

With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. With just simple accounting software, you’ll be able to: Track sales and expenses. Image Credit: Ross Williamson | Flickr. Generate invoices. File tax reports.

CPA 77

CPA Software Review Bankruptcy Early Stage 77

Hearpreneur

DECEMBER 30, 2020

I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. This helps them generate leads and sales. We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. Photo credit: Ty Crandall.

Technical Review 146

Technical Review Entrepreneur Software Review SEO 146

Up and Running

JULY 12, 2021

Starting a business is difficult, but establishing a new business from scratch after filing for bankruptcy can be an even bigger challenge. Nothing is as stressful as bankruptcy. Filing bankruptcy will offer a fresh start and keep your debts behind you. How soon can you start your own business after filing for bankruptcy?

Bankruptcy 122

Bankruptcy Limited Liability Company Small Business Administration Finance 122

Hearpreneur

DECEMBER 23, 2020

As a businessman, I have experienced and directly felt the impact that this pandemic has brought to the industry, many survived while others gave in and declared bankruptcy or permanent closures. 21- Testing new outbound sales methods. Photo Credit: Chris Muktar. Thanks to Adam Bukauskas, Upmove ! #21- Photo Credit: Jeremy Moser.

Entrepreneur 130

Entrepreneur Technical Review Software Review Employee 130

Occam's Razor

JULY 18, 2011

The message, the customer data, the ability to reach current and prospective customers, drive new sales as well as repeat sales, experiment with new ideas and offers, and so much more. I dare say even more than Search (and without a shred of doubt, more than Social Media). Because you control everything. See why this is important?

Metrics 138

Metrics Campaign Email Marketing 138

Hunter Walker

JANUARY 2, 2017

For example, you would say “oh, sure this startup spends 5x LTV to acquire a new customer but once we plug them into our sales channel, it’ll drop to.25x Better that be a smart acquisition than a bankruptcy.

Technical Review 120

Technical Review Cap Table Acquisition Startup 120

The Next Web

JULY 15, 2013

There were times of high profitability, but also times when we were close to bankruptcy. Try to vary your experience even further by alternating between design, product, and sales-focused environments. eb agency right after I came to Berlin. We worked for all types of businesses for about three years.

Cofounder 134

Cofounder Europe Germany Bankruptcy 134