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Are Business Plans Still Necessary?

Both Sides of the Table

That died with waterfall software development. Let’s take your revenue line. If you plan to charge more than them I need to know how your product will differentiate to command a premium. Ditto for enterprise software companies. Usually in a tech / software startup 70-80% of your costs will be people.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off. They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million.

Startup 418
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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

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. Sam began drawing out plans for a new way to provide storage after he had horrific experiences with traditional storage after the storm.

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Why large companies acquire small companies

A Smart Bear: Startups and Marketing for Geeks

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.).

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The Apple Watch – Tipping Point Time for Healthcare

Steve Blank

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
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Who’s lying?

A Smart Bear: Startups and Marketing for Geeks

Revenue from your billing system compared to cash flows from your bank statements. If you use five web analytics tools, they’ll all give you different numbers; this could be due to differences in definitions of things like “visit” and “session,” but is that truly all it is?).

Analytics 248
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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

It broke the hegemony that the carriers had over software on mobile phones and the industry will forever be changed (for the better) for this. But I believe it’s a very comprehensive solution and our due diligence with large app developers confirmed as much. What does it do? it has built in iPad support from Day 1.

Mobile 282