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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Factor in all the cost elements.

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Using Generative AI to Drive Corporate Impact

TechEmpower

This shift allows business to reallocate human resources to more complex and strategic roles, or eliminate those positions entirely. At TechEmpower , we’ve used LLMs as part of marketing strategies where you can find and classify companies, personalize outreach campaigns and have personalized drip campaigns.

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8 New Venture Smarts That You Can’t Afford To Ignore

Startup Professionals Musings

A while back I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. Failure to prepare for due diligence. Not doing due diligence on the funding source.

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They say “haste makes waste” but…

Berkonomics

On a larger scale, there are epoch stories of giant companies eating massive losses in a recall of product, often based upon limited testing before release. Perhaps that balance can be measured in estimating what a company could endure in lost overhead and hits to reputation before becoming crippled and unable to recover.

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How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

deliver profitable revenue that while on gross margins of 50% vs. software at 85-95% it is still profits to help you cover fixed costs. You don’t want to run the risk that having a PS business that takes your eye of off the ball of growing a large software business. That is the software business. rollout support.

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Technical Advisors: Every Web/Mobile Startup Must Have One

SoCal CTO

Review the code being built. They were making some significant choices that were going to have lasting impact on their company. We are producing the right functionality, but is the code that's being produced the right product? Third party products are used appropriately. Plan for past the initial MVP.

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Cornerstone OnDemand Looks To Raises $220M In Debt

socalTECH

Cornerstone OnDemand , the developer of software-as-a-service for talent management and human resources, is raising $220M in a debt funding, the firm said today. The company said it is offering up $220M in an offering of convertible senior notes, due in 2018. READ MORE>>. READ MORE>>.