Remove 2006 Remove Pricing Remove Sales Remove Yahoo
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Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. Yet I can’t argue their success in the value proposition, since they turned down a billion dollar offer from Yahoo way back in 2006, and their market cap today is over $900 billion.

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Zag Makes Exec Hires, Promotions

socalTECH

The firm also named Steward Easterby as VP of Sales; Bill Lepter as VP of Business Intelligence; and Star Marcus as VP of Human Resources. Brenner has served at 1-800-CARSEARCH, PromiseMark, and CARFAX; Pributsky joined Zag in 2006 and served at eVox Productions and Malldecker Media; Easterby was most recently at Yahoo!;

Zag 100
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How To Set A Balance Of User Growth Vs Profitability

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. The challenge is not to undermine growth by a blind focus on profits.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. Rumored to have turned down acquisition offers from Yahoo and Facebook.

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When Should You Allow Exclusivity in Deals?

Both Sides of the Table

Before weighing in on the subject I would point out one thing that should be obvious to many of you – the iPhone was originally launched in 2007 in an exclusive partnership with AT&T and this was vital to both Apple and AT&T and was a hard negotiation throughout 2005 and 2006. Excite, MSN and eventually Google.

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Are Business Plans Still Necessary?

Both Sides of the Table

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 and the subsequent acquisition sprees of companies like Google, Yahoo!, Or do you need to raise prices? This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. portfolios.

Web 2.0 334
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Growth Without Profits Isn’t A Sustainable Business

Startup Professionals Musings

You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price. The challenge is not to undermine growth by a blind focus on profits.

Startup 96