Remove 10-mistakes
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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

Founder: “$8–10 million” VC: “What’s your current burn rate?” If you’ve only ever raised $500k, have limited revenue, have 7 people at your company and aren’t a serial entrepreneur it’s a pretty tall order to imagine going straight to $8–10 million unless your data is very compelling or you’ve otherwise become “hot.”

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Lean Startup Legend Steve Blank Discloses His Most Daring Guerrilla Marketing Tactics

InfoChachkie

And then they said one thing that most marketers go their whole career never hearing, 'Listen Steve, price is irrelevant, it is speed that matters.' We had been pricing our graphics cards to be a low-cost provider. The first thing I did was raise our prices.". This is a real mistake many marketers make.

Marketing 271
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How Many Investors Should You Talk to in a VC Fund Raise? And How Do You Prioritize?

Both Sides of the Table

In terms of stack ranking I recommend you force yourself to have no more than 8–10 “A’s,” 8–10 “B’s” and the balance 20–24 should be “C’s.” People who believe the former believe that you should see the market demand before too many people know you’re “in market.” Then begin your process in earnest with up to 8–10 firms.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

“Learn from the mistakes of others. During those same 25-years, I also made innumerable mistakes. Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. 10) Grant An Investor Anti-dilution Protection. Make Your Own Mistakes. 3) Attempt To License An Idea.

Startup 242
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Selling Online In 2016 For The First Time – What Works When You Have A Blank Slate?

InfoChachkie

I ended up really relating to the nuance and intricacies of product supply and customer demand. After Pacific Sunwear, my career covered two new ends of the retail spectrum; off price at Ross and women’s luxury at St. We have tripled our original plan and are running between an 8-10 times return on our marketing spend.

Sites 100
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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

In the case of MakeSpace we had huge initial successes in New York City as Rahul led the scaling of our drivers, our trucks and our warehouses and we figured out the right price points to beat the local competition. and we were met with weak demand, slow growth and high costs. were more distributed.

Startup 286
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. This is a huge mistake. A few problems arise.

Services 332