Remove Developer Remove Merger Remove Revenue
article thumbnail

9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Develop a product line and add alternate channels. Prioritize mergers and acquisitions early. Strive to make real customers your best advocates for the initial rollout. Minimize one-time sales in your business model.

Merger 386
article thumbnail

Beware of Premature Merge Elation

Both Sides of the Table

I can save tons of development time and I think I can buy it for all equity. How much dilution should I take for it?&# My friend’s company was pre-revenue. I lived through the era of companies doing premature mergers. That’s why immature teams spend so much time on mergers. A merger is not the panacea.

Merger 276
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services.

article thumbnail

6 Strategies For Startup Exit That Investors Accept

Startup Professionals Musings

Even still, in the context of all three points, I recommend that you evaluate the most common exit alternatives and considerations, and integrate the right one into your startup strategy and plan: M&A - merger or acquisition by another company. You can kick-off your next startup. Position the company as a cash cow to fund spinoffs.

article thumbnail

Can You Trust Any vc's Under 40?

Steve Blank

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

article thumbnail

10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In the short term you need customers to find you at any price, and in the longer term you need revenue, profit, and return loyalty. That keeps people from pushing themselves to develop the kind of new solutions that will permanently change the business for the better, versus short-term band-aids.

article thumbnail

What Makes an Entrepreneur (4/11) – Resiliency

Both Sides of the Table

We had been working on a merger between BuildOnline and a competitor called iScraper. We were strong in the UK and they were strong in Germany and Israel (where they had a development office). I had developed a great relationship with the CEO whom I still admire (he left many years ago). But we did $2.1 million of which $1.8

Germany 298