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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. A Net Promoter Score of 10 and a bank account of 0 equal a failed venture.

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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. A Net Promoter Score of 10 and a bank account of 0 equal a failed venture.

.Net 168
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

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Western Digital Buys sTec

socalTECH

The companies said the deal is worth $207M in enterprise value net of sTEC''s cash position as of March 31st. sTEC was originally part of Orange County-based SimpleTech, before that firm split out its consumer facing hard drive, flash memory, and other businesses from its OEM and industrial flash business, back in 2007. READ MORE>>.

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Entropic Communications Sees Jump In Revenues In Q2

socalTECH

San Diego-based Entropic Communications , a publicly held developer of semiconductors used in home entertainment and consumer electronics products, reported today that it had an increase of 56 percent in its second quarter net revenues, compared with last year. The firm said it earned $3.1M it had in Q2 of 2009, when it lost $4.3M.

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iChange Finds $500K More

socalTECH

MacFarlane is the former CEO of InsiderPages, which he sold to Citysearch in 2007. Co-founders of the site include Rich Rygg, who was VP of GeoCities, and GM of AOL's Digital City Los Angeles and Brad King, co-founder of Net Effect (acquired by Ask Jeeves), as well as psychologist Jay Wagener.

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What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). 5 million was always the classic definition of an A-round between the late nineties (crazy financings aside) and say 2007.