startupbaltimore.org

OCTOBER 23, 2010

Finding a Technical Cofounder by Mike Subelsky on September 17, 2010 Advice View Comments Over the past 18 months I’ve had the same conversation with about ten entrepreneurs looking to start a software-based business. As Dave Troy put it, it all boils down to this: “In Entrepreneurial Ecosystems, Cofounders Find You!&#

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Technical Cofounder Cofounder Baltimore Maryland 40

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Most founders bootstrap product development. Most technologists have little interest in the mechanics of starting and building a business. Fabulous solutions require great technology.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

YoungUpstarts

AUGUST 16, 2016

by Evan Varsamis, Founder/CEO at Gadget Flow Inc. Myself and my co-founders were just a bunch of young upstarts with a big idea. The capital earned in the agency was used to bootstrap the progression of the key business we wanted to launch. I always encourage entrepreneurs to get creative with sourcing finance.

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Greece United Kingdom Ukraine Philippines 100

This is going to be BIG.

MAY 27, 2014

It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company. Then, I read about the idiotic comments made by a co-founder of Rap Genius. Perhaps we all should.

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Term Sheet Founder Cofounder Software Review 160

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Bigfoot Capital. Key elements: .

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Revenue Technical Review Software Review Equity 60

David Teten

AUGUST 19, 2019

Does the traditional VC financing model make sense for all companies? 2018 also had the fewest number of angel-led financing rounds since before 2010. John Borchers, Co-founder and Managing Partner of Decathlon Capital, claims to be the largest revenue-based financing investor in the US. Absolutely not.

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Revenue Term Sheet Founder Technical Review 60

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. She and original cofounder Megan Bradford poured their proverbial blood, sweat and tears into this enterprise. What about bootstrapping? Their latest product, Statdragon, launched just last week.

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Bootstrapping Cofounder Portland Burn Rate 107

The Startup Magazine

OCTOBER 14, 2022

For the next entry in The Startup Magazine’s founder interview series , we are featuring Alejandro Russo, founder of Candela Mamajuana. After first working in banking and finance, Alejandro started and exited two other businesses before bringing his marketing and branding expertise to Candela. Alejandro: Just jump in.

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Dominican Republic Founder Florida Bootstrapping 147

YoungUpstarts

JULY 21, 2019

If you and your co-founder(s) are friends, why not work on your home instead? If you haven’t been able to save up for your capital, consider bootstrapping your business. Now, they run co-branding campaigns that are even bigger than before. Don’t have the money to rent a good office space yet? Stay online.

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Software Review Entrepreneur Cost Cofounder 191

www.readwriteweb.com

OCTOBER 7, 2007

This is typically called “bootstrapping&# and it is fraught with potential pitfalls and dangers. But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. What is bootstrapping? Why bootstrap?

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Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Bootstrapping, saving funds over years, borrowing from friends and family, taking out a bank loan and pitching investors are all viable options, but some will work better than others for your specific business. .

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Finance Sweat Equity Bootstrapping Entrepreneur 92

Spencer Fry

APRIL 17, 2017

Days before the conference started, I was asked (and felt honored) to lead two workshops on bootstrapping vs. raising money. Having started and sold 3 successful bootstrapped businesses, and am now running 1 venture capital backed business ( Coach ), this is a topic I know a thing or two about. What's “good” about bootstrapping.

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www.entrepreneur.com

SEPTEMBER 22, 2011

Entrepreneur Homepage Startups Starting a Business Home How-To Guides Startup Basics Business Ideas Business Planning Startup Financing Success Stories Home-Based Business Starting a Business Play Video How to Take a New Product from Just an Idea to a Business (Video). Financing Some Jobs Act Proposals Make Headway.

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Sweat Equity Equity Fractional CTO CTO 55

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. I think another thing you wanted to talk about was the whole keep bootstrapping or raise money question. Edwin: I know. Jason: Yeah.

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Technical Cofounder Cofounder Software Review Management 220

mashable.com

AUGUST 20, 2011

Startup life is all about bootstrapping, but you need a place to work, right? “There’s simply no budget for [an office], as I bootstrap the company,&# says Paul Molluzzo, founder of Baby Goes Mobile , a web app that lets parents create a private baby book they can view and update from their mobile phones.

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Cofounder San Francisco Social Media Startup 81

Up and Running

MAY 23, 2016

“If you can fix a problem for someone and do it better, quicker, and/or cheaper than your competitor, you’re off to a good start.” – Gabriel Kuperman, founder and CEO of CuePin. We created UpKeep to fill this void—a cloud-based solution that was affordable for any size business.” – Ryan Chan, founder of UpKeep.

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Software Review Software Delaware Forecast 74

Tim Keane

SEPTEMBER 28, 2011

  Growth financing, for example.  Mike Markulla came with the first investments - as a cofounder -- because investors felt the company needed leadership that could attract talent to be able to grow and he brought in Scott.   Growth financing, for example. Bootstrapping.      Search.

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Technical Cofounder Wisconsin Cofounder Angel Investor 68

A Smart Bear: Startups and Marketing for Geeks

APRIL 25, 2011

“Yes&# if it means one of the co-founders can quit her day-job. “Yes&# if this extends the runway of our startup by at least three months. “Yes&# if it completely funds development we’d like to do anyway. “Yes&# if it will completely pay for three new marketing efforts.

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Java Software Review Technical Review Salary 311

ReadWriteStart

AUGUST 4, 2011

One of the discussions that ensued was about how to bootstrap a freemium venture. However, how do you get to critical mass, and how do you finance the period during which this business runs on red ink? How much time do you budget for red ink financing? How long can you go without a salary? Hope to see you there!

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Bootstrapping San Jose Entrepreneur Silicon Valley 124

SoCal CTO

SEPTEMBER 8, 2010

He blogs to 10,000 web entrepreneurs at Software by Rob and co-hosts the podcast Startups for the Rest of Us. Before I get into the details for founders, let me talk about options-hungry employees. You can bootstrap your way into existence. Product Friday: Monetizing Content is a Product Problem - This is going to be BIG.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Software By Rob

SEPTEMBER 1, 2011

Who says a bootstrapped startup can’t succeed? Here are 10 bootstrapped companies that did it on their own with no outside funding. Looking back on their previous experiences working at startup companies, the founders decided to bootstrap their business in lieu of seeking outside funding. Startup #1: Goldstar.

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Bootstrapping Startup Cofounder Salary 78

Up and Running

FEBRUARY 17, 2016

In this two-part guide to starting a brewery, we’re going to talk with brewers who’ve been there-done-that, and we’ll get insights from experts in supporting industries such as insurance and finance, as well as discuss regulatory issues. In part two, we’ll discuss finances, insurance, and regulations for breweries.

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Oregon Jordan SBA Cofounder 60

Both Sides of the Table

FEBRUARY 20, 2012

Tracy DiNunzio isn’t your typical Silicon Valley startup founder. She found non-traditional financing. Without this money she wouldn’t have been able to finance operations. And through this industry legitimacy she was able to get the ear of Dany Levy, the co-founder of Daily Candy. She never gave up.

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Silicon Valley Cofounder Entrepreneur Startup 363

Hearpreneur

MARCH 21, 2021

My co-founder, Paul Pirner and I were old friends and craft beer lovers who had each decided (independently of one another) to adopt an alcohol-free lifestyle. Now, we have a well-calculated formula for launching businesses that are 100% bootstrapped with a very small amount of initial capital. 13- To correct several things.

Entrepreneur 154

Entrepreneur Technical Review Acquisition Software Review 154

Steve Blank

OCTOBER 10, 2016

How founders find the determination to push through tough times was the focus on today’s Entrepreneurs are Everywhere radio show. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Jacqueline Ros. Christina Stembel.

Entrepreneur 267

Entrepreneur Cofounder San Francisco Campaign 267

Hearpreneur

JUNE 14, 2017

We’ve continued bootstrapping since then — today we are a $2.5 I’m Shelia Fitzgerald, owner and founder of EliteFitz, a destination inspired women’s boutique. We have an amazing co-parenting style that works for both of us, and we’re both happy. Thanks to Emily Reynolds, founder of R PR Firm ! #4

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Entrepreneur South Africa PR Thailand 129

David Teten

AUGUST 20, 2019

Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

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Revenue SBIC Cofounder Venture Capital 60

Duct Tape Marketing

FEBRUARY 1, 2023

Camden is the Founder and CEO of the Nonprofit Organization Beyond the Crisis Beyond the Crisis, the food-distribution charity, which has distributed over 100,000 dollars of food items to housing communities and homeless shelters across Massachusetts. He's the founder and c e o of a nonprofit organization called Beyond the Crisis.

Entrepreneur 85

Entrepreneur Massachusetts Distribution Networking 85

David Teten

JANUARY 13, 2015

I’m speaking on a panel this afternoon on fundraising for minority founders at the Rainbow PUSH Wall Street Project. Fundraising is always difficult for all founders; the median PE/VC fund sources and reviews 87 companies before investing in 1. This young, talented girl is given no chance of being the founder of the next Facebook.”. “I

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Venture Capital Greece Advisory Board Cofounder 60

Steve Blank

NOVEMBER 7, 2013

There are co-working spaces in basically every city in the world—from Nepal to New York. From Tax to Legal to Finance to HR, designing the new systems requires enormous amount of collaboration, transparency and trust. We had to design a whole new hiring process, compensation model, operating model, co-working spaces, etc.

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Lean Nepal Cofounder Customer Development 331

www.inc.com

JULY 9, 2010

Ive done a lot of placing people into positions, and I have never used a job board as a way to do that," says Rich Sloan , co-founder of StartupNation. Every type of business has their own meetings," says Martin Zwilling , founder and CEO of consulting group Startup Professionals. 500|5000 The 2010 Inc. 1 way to recruit talent.

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ReadWriteStart

APRIL 17, 2012

In return, all Davis and his cofounders had to do was promise to spend six months in the country working on their startup, CruiseWise - an online travel agency for booking cruises - and engage with Chilean businesspeople. If we'd had to bootstrap it, I don't know if we could have done it," Davis says. They raised $1.6

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Chile Silicon Valley San Francisco Cofounder 158

Cracking the Code

MARCH 28, 2022

The first time I met Matan, Melio's co-founder and CEO, he told me that his mission was simple: he wanted to “help small business stay in business” by making B2B payments fast, simple and flexible. Let’s talk about your financing strategy. You can change lives through the combination of technology and finance.

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B2B Cofounder Israel Small Business 62

Steve Blank

OCTOBER 10, 2016

How founders find the determination to push through tough times was the focus on today’s Entrepreneurs are Everywhere radio show. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Jacqueline Ros. Christina Stembel.

Entrepreneur 120

Entrepreneur Cofounder San Francisco Campaign 120

Startup Lessons Learned

APRIL 14, 2009

It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. More on that in a moment. They are close to breakeven.

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Customer San Francisco Lean Hockey Stick 167

YoungUpstarts

JANUARY 11, 2017

by Karla Friede, CEO, co-founder, and member of the Board of Directors at Nvoicepay. Earlier this month, my co-founders and I raised our sixth round of venture capital funding for Nvoicepay. That may mean bootstrapping from your own savings, or getting money from friends, family, or angel investors.

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Cofounder B2B Early Stage Venture Capital 100

Hunter Walker

JUNE 26, 2015

For a founder, the first few million dollars you raise are likely to be the messiest in the history of your company. But for most it’s a lumpy mixture of bootstrapping, friends and family, hackathon prizes, angels, incubators/accelerators and venture capital which combine over a period of months or years.

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Cofounder Chicago Incubator Vertical 48