Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Both Sides of the Table

FEBRUARY 9, 2013

Work on budgets, submit RFPs, answer customers support calls, work the bug-tracking software, and trying to meet the next sprint release schedule. Your 2am coding session is more important than their 2am cocktails on the redeye back from Japan where they have no customers. Cost focused. Sell stuff. That makes no sense.

Software Review 398

Software Review Technical Review China Mexico 398

Both Sides of the Table

APRIL 20, 2017

So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? MakeSpace doesn’t need large numbers of local storage facilities near your house, so it has a greatly reduced cost structure for its facilities.

Technical Review 268

Technical Review Los Angeles Software Review Artificial Inteligence 268

Both Sides of the Table

SEPTEMBER 28, 2014

So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. But those of us with longer memories remember that the revenue line can move south very quickly when the market overall turns south. Net burn is the amount of money you are losing per month.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

YoungUpstarts

JULY 15, 2020

The vacation rental industry is lucrative, but it’s also demanding, and this has prompted the popularity of vacation rental software , such as iGMS. Pros of iGMS Vacation Rental Software. Cons of iGMS Vacation Rental Software. Why Do You Need iGMS Software for Your Business? iGMS has a number of impressive features.

Software Review 234

Software Review Software Hosting Portfolio 234

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

The Startup Magazine

JUNE 29, 2023

This is where lead identification software comes into play. In this article, we will explore the importance of lead identification software and how it can help businesses streamline their lead generation efforts. Lead identification software offers a powerful solution to this challenge. Let’s dive in!

Lead Generation 143

Lead Generation Software Review Software Technical Review 143

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition. The first input is CAC.

Metrics 150

Metrics Cost Acquisition Startup 150

YoungUpstarts

DECEMBER 5, 2020

To support your restaurant management in 2021 and beyond, take a look at these software options and tips. Restaurant management software. Using Lightspeed software, restaurant owners can manage their whole restaurant or cafe from their iPad. The software offers a simple to use interface and smoother operations.

Software Review 165

Software Review Software Management Social Media 165

Both Sides of the Table

MAY 23, 2012

Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. This never existed a decade ago.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Both Sides of the Table

NOVEMBER 14, 2017

He came to work in our offices at Upfront Ventures as an EIR and immediately began building software to improve how storage was picked up, photographed, scanned and routed to a warehouse. MakeSpace (as he named it) would help you get your excess goods into low-cost warehouses. How profitable is my product or service?

Operations 286

Operations New York City Technical Review Startup 286

Both Sides of the Table

JULY 13, 2012

… phones cost money, phones do not scale. Unless you become a paying customer you’re just a cost center to them. Higher conversion rates (10-15x online conversion) and higher value at closure (up to 2x higher) due to up-sell & cross-sell potential. ” It’s hard to really find fault with the reporting.

New York 311

New York Mobile Technical Review Software Review 311

Startup Professionals Musings

OCTOBER 30, 2020

Customer feedback, including blog comments, usability reviews, and early user testimonials, build relationships and provide credible marketing to the broader customer community. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Minimize one-time sales in your business model.

Merger 386

Merger Acquisition Software Review Social Media 386

ReadWriteStart

DECEMBER 20, 2022

While employees are often inspired by success stories and case studies of triumphant innovation tales of large companies, the cost of not innovating is often overlooked. Sharing the stories of organizational failure due to a lack of enterprise innovation can create a sense of urgency in employees and make them understand the stakes.

Software Review 190

Software Review Application Development Technical Review Bankruptcy 190

The Startup Magazine

FEBRUARY 3, 2022

When these operations are efficient, companies can meet customer demand quickly and maintain stable costs. If your warehouse has been operational for decades, the equipment is probably outdated or slow due to intense utilization. They cannot perform at their best if they do not understand how the equipment, devices, or software works.

Software Review 164

Software Review Product Technical Review Operations 164

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

VC Cafe

MARCH 1, 2024

New enterprise resource planning software (ERPs) – new startups that build software that helps businesses run. AI to build enterprise software – In the future, every enterprise could have their own custom ERP, CRM or HRIS that is continually updating itself as the company itself is changing.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Steve Blank

SEPTEMBER 26, 2018

To get FDA clearance, Apple reportedly submitted two studies to the FDA (so far none of the data has been published or peer reviewed). Its purpose is to make sure that drugs, devices, diagnostics, and software products don’t harm thousands or even millions of people so the FDA wants a process to make sure they get it right.

China 67

China Technical Review Software Review Algorithm 67

The Startup Magazine

MAY 7, 2024

Tailoring tax strategies to the specific structure of your business is fundamental to minimizing liabilities and maximizing returns, necessitating a nuanced understanding of the tax code and its application to each type of business entity.

Small Business 154

Small Business Software Review Technical Review Limited Liability Company 154

ReadWriteStart

JUNE 19, 2021

Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. However, time and market performance have proven that IoT is not any hype but a solid technology with real-world applications that can review business processes.

Technical Review 215

Technical Review Software Review Cloud Vertical 215

A Smart Bear: Startups and Marketing for Geeks

AUGUST 28, 2012

At Smart Bear, Code Reviewer started at $34.95/seat It’s all our fault for setting the price lower than the cost of creating ${product} and growing ${company}. Most people are reasonable and in fact want you to succeed, both personally as a small-business owner and professionally in that they want updates to that software.

Software Review 240

Software Review Technical Review Email Revenue 240

ConversionXL

OCTOBER 8, 2021

That’s why Customer Acquisition Cost (CAC) is such a critical metric. Cost of software/hardware used in sales and marketing Agency, PR, or any third-party costs involved in sales and marketing. The sum total of these costs divided by the number of new customers gives you CAC. The key takeaway?

Acquisition 135

Acquisition Churn Rate Cost Customer 135

A Smart Bear: Startups and Marketing for Geeks

MARCH 21, 2017

Revenue multiples, profit multiples, premium over the previous financing — these are metrics used by sellers to help determine a minimum acceptable price. Even for startups, it takes years for a new product to become good enough to demand many millions of dollars in revenue.).

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

Both Sides of the Table

NOVEMBER 25, 2010

Winning the contract meant that we would hit our quarterly revenue figure and be in good position for our annual sales target. Two weeks after winning the deal and well into implementation planning we released a new version of our software. They hired a consultant to help them with the review. we would support 6.0

China 333

China Silicon Valley Software Review Technical Review 333

Both Sides of the Table

NOVEMBER 19, 2009

I spent nearly a decade building software for large companies and then advising companies on the same. I usually try to avoid getting stuck reviewing people’s PowerPoint decks (I get this request too often and frankly I’m already behind on my own work!) If you’re not then you’re not trying hard enough.

Entrepreneur 414

Entrepreneur Fractional CTO Technical Review CTO Hire 414

Both Sides of the Table

NOVEMBER 25, 2010

Winning the contract meant that we would hit our quarterly revenue figure and be in good position for our annual sales target. Two weeks after winning the deal and well into implementation planning we released a new version of our software. They hired a consultant to help them with the review. we would support 6.0

China 328

China Silicon Valley Software Review Technical Review 328

Startup Professionals Musings

JUNE 5, 2012

Yet a creative collaboration with your biggest competitor may be the best opportunity for revenue and survival. As an example, a few years ago I worked for small software company selling an expensive enterprise workflow product. Cost sharing and economies of scale. You have to take the risk, but keep your wits about you.

Non-Compete 241

Non-Compete Merger Technical Review Software Review 241

YoungUpstarts

SEPTEMBER 7, 2014

Because of these nuances, startups selling to enterprise customers must be even more diligent in tracking the right growth metrics. Revenue Growth. Enterprise startups must have processes in place to monitor revenue growth. If you’re doubling revenue every year, you’re in great shape. Lifetime Value/Cost of Acquisition.

Metrics 219

Metrics Churn Rate Startup Acquisition 219

ConversionXL

MARCH 20, 2019

Choosing the right account-based marketing software can be a messy process. Some ABM software is an add-on to an existing tool. Some companies sell relevant software but not explicitly for ABM. Software can help with each: Identify the right accounts and targets within them. G2 Crowd confirms that it’s a high-cost option.

Software Review 117

Software Review Software Marketing IP 117

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 7, 2017

We’re tired of hearing how small software companies usually fail. But what about the companies that die even though they did sell some copies of software, and where the early team isn’t dysfunctional? The initial marketing channel was sustainable for a while , but got wiped away due to external forces.

Software Review 294

Software Review Channel Revenue Non-Compete 294

The Startup Magazine

MAY 30, 2022

This, on the other hand, can severely cut into your revenue. These things don’t cost much. When customers receive a product in an awful state or broken, they ask for a refund and leave a negative review. The right packaging for your products can prevent higher shipping costs. Image Source. Ship in Bulk Amounts.

Small Business 164

Small Business Software Review Technical Review Early Stage 164

YoungUpstarts

OCTOBER 24, 2012

Instead, buyers are checking out product and service information in their own way, often through the Internet, their social network, or just plain word-of-mouth or customer reviews. He was building a better enterprise software product, and to get the word out, he organized ‘City Tour’ events and neighborhood ‘street teams.’

Marketing 234

Marketing Software Review Technical Review Social Network 234

The Startup Magazine

NOVEMBER 13, 2020

There are hidden startup costs can quickly surpass available funding, highlighting the importance of careful startup budgeting. In addition to these common outlays, there are several hidden startup costs that entrepreneurs tend to overlook or never know existed. Overall cost is typically 1.25 Administration.

Cost 136

Cost Entrepreneur Software Review Salary 136

VC Cafe

FEBRUARY 27, 2024

especially if the startup already has a product and revenue? To reduce the impact of dilution, the expectation is that startup valuation should more or less double between the pre-seed to the seed, and seed to series A (ideally backed by reasonable traction/ revenue multiples). A founder asked me what makes a $2M round “pre-seed”?

Valuation 186

Valuation Software Review Generative AI Technical Review 186