Both Sides of the Table

SEPTEMBER 28, 2014

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.

Startup 383

Startup Company Companies .Net 383

Startup Professionals Musings

OCTOBER 8, 2022

In reality, a simple Excel spreadsheet model customized around your assumptions can save you hours and avoid a wasted expense in validating alternative vendor and marketing decisions. What if you need to change your market size and volume projections? What if your customer acquisition cost assumptions have to change?

Startup 147

Startup Pricing Sample Custom 147

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy.

Entrepreneur 113

Entrepreneur Startup Technical Review Custom 113

Startup Professionals Musings

JANUARY 21, 2017

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that more people are focused on money today.

Entrepreneur 69

Entrepreneur Startup Equity Course 69

Jason Nazar

MAY 1, 2016

For startup entrepreneurs, you can also track these metrics with Google analytics. Customer Acquisition Cost / Cost Per Acquisition . The customer acquisition cost or cost per acquisition is the basic marketing cost to acquire a customer. See what other startup mentors have to say about marketing tactics.

Marketing 40

Marketing Metrics CPC .Net 40

Startup Professionals Musings

MAY 29, 2022

In the old days, every entrepreneur planned on taking their startup public, and making it big. Smart entrepreneurs are now starting to look at this option again, as well as the challenges of running a public company. Violent market swings usually hit public companies first. Startup founders don’t fit in a public company.

Startup 98

Startup Report IBM IBM 98

Jason Nazar

NOVEMBER 1, 2015

For startup entrepreneurs, you can also track these metrics with Google analytics. Customer Acquisition Cost / Cost Per Acquisition . The customer acquisition cost or cost per acquisition is the basic marketing cost to acquire a customer. See what other startup mentors have to say about marketing tactics.

Marketing 40

Marketing CPC Metrics .Net 40

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right.

Startup 98

Startup Technical Review Custom Customer 98

Startup Professionals Musings

AUGUST 10, 2014

Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. Most modern investors still look for a business model that embodies a gross margin over 50 percent and a net margin in the 20 percent range. entrepreneur revenue startup user count'

Entrepreneur 98

Entrepreneur Organization Invest Customer 98

Startup Professionals Musings

JANUARY 6, 2020

In reality, a simple Excel spreadsheet model customized around your assumptions can save you hours and avoid a wasted expense in validating alternative vendor and marketing decisions. What if you need to change your market size and volume projections? What if your customer acquisition cost assumptions have to change?

Startup 123

Startup Pricing Sample Customer 123

InfoChachkie

JULY 14, 2009

Hint: He was an entrepreneur. The same is true of entrepreneurs. Entrepreneurship is so highly valued in the Western World that some people try to convince themselves that they are an entrepreneur, when in fact they would be better off at a Big Dumb Company (“BDC”). Entrepreneur Does Not Equal Inventor.

Entrepreneur 153

Entrepreneur Ideas Writing Startup 153

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Entrepreneur 124

Entrepreneur Acquisition Pricing .Net 124

Startup Professionals Musings

NOVEMBER 15, 2010

As an entrepreneur, you always need to be on the lookout for ways to expand your current business, and always on the lookout for your next big thing. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets. Hire people smarter than you.

Entrepreneur 100

Entrepreneur Custom Customer Activity 100

socalTECH

JULY 21, 2014

We spoke with Scott Painter , CEO and founder of the company--and already a successful serial entrepreneurs--about the journey from startup to public company, lessons learned, and his advice to CEOS who might be thinking about an IPO for their own company. But, net-net, being a public company is a threshold moment for use.

Truecar 209

Truecar Entrepreneur Southern California .Net 209

Startup Professionals Musings

JANUARY 26, 2019

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that more people are focused on money today.

Startup 77

Startup Equity Entrepreneur Course 77

Berkonomics

APRIL 4, 2019

On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more.

Class 120

Class Course Report Competition 120

Both Sides of the Table

NOVEMBER 3, 2009

There were tons of young entrepreneurs showing their latest Web 2.0 and the subsequent acquisition sprees of companies like Google, Yahoo! The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market.

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy.

Startup 64

Startup Technical Review Entrepreneur Custom 64

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy.

Startup 118

Startup Technical Review Entrepreneur Custom 118

Startup Professionals Musings

FEBRUARY 28, 2015

In reality, a simple Excel spreadsheet model customized around your assumptions can save you hours and avoid a wasted expense in validating alternative vendor and marketing decisions. The way to start is with a sample financial model, freely available from many sources on the Internet, such as this one from Entrepreneur.

Startup 103

Startup Pricing Sample Custom 103

Both Sides of the Table

DECEMBER 27, 2011

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. If you have a market lead then raising capital and making investments now will help you as others enter the market.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy.

Startup 114

Startup Technical Review Entrepreneur Custom 114

Startup Professionals Musings

AUGUST 14, 2015

Too many entrepreneurs tackle starting a business as a random walk into a business minefield, and they count on their street smarts, thick skin and pure determination to get them to their destinations alive. Some entrepreneurs run with passion into the minefield, only to find it’s harder to recover than to plan ahead.

Startup 101

Startup Metrics Resource Mentor 101

Both Sides of the Table

MAY 4, 2010

It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. the funding and market coverage. If this figure is accurate – it’s certainly a very large business even when you look at net revenues.

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

Startup Professionals Musings

MARCH 2, 2012

As entrepreneurs, you always need to be on the lookout for ways to expand your current business, and always on the lookout for your next big thing. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets. Hire people smarter than you.

Startup 98

Startup Custom Customer Entrepreneur 98

Both Sides of the Table

JUNE 17, 2017

I often ask entrepreneurs to consider, “What’s your objective? This is not atypical for “middle men” who often take 15–30% of the value of the sale If you’re shaking your head and thinking, “duh” I promise you that even some of the most sophisticated people I know get off track on this issue of “gross revenue” versus “net revenue.”

Startup 227

Startup Venture Capital Sales Course 227

Both Sides of the Table

APRIL 5, 2010

Two weeks after Brad’s post I was at the 140 Conference in LA and I held open office hours for any entrepreneur who wanted to spend 15 minutes talking with a VC about their business. But it turns out I met a bunch of really interesting entrepreneurs. But TWTFelipe is an entrepreneur. Tags: Tech Market Analysis.

Technical Review 282

Technical Review Startup High Tech Software Review 282

Tech Zulu Event

SEPTEMBER 12, 2013

Scot has been an entrepreneur and executive responsible for the launch of several interactive entertainment ventures. AGN was sold to Net-TV pioneer Pseudo Programs and Rubin served as VP of Games and Sports programming. He also leads mergers and acquisitions and ran the acquisitions of SGN, MindJolt and HallPass Media.

Technical Review 94

Technical Review Technology Activision Entertainment 94

InfoChachkie

MARCH 16, 2010

He told the homeowner that he represented someone who wanted to purchase the ranch at a substantial premium over its current fair market value. Although this is a somewhat unusual real estate transaction, it reflects a surprisingly common scenario in the world of mergers and acquisitions, with one important distinction.

Company 160

Company Companies Pricing Santa Barbara 160

Startup Professionals Musings

JUNE 26, 2016

Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $400B. It’s only been in the last ten years that social media companies, like Facebook and Twitter, have achieved market valuations in billions of dollars, while clearly sacrificing revenue to gain users. Both have worked.

Startup 58

Startup Organization Invest Customer 58

InfoChachkie

NOVEMBER 23, 2015

We typically do not ask entrepreneurs to visit our offices in Santa Barbara, but Jeff wanted to meet with Kevin, an investor in our Fund who helped us vet opportunities and occasionally invested alongside of us. Rather, we value entrepreneurs' time and thus our diligence generally includes introducing them to potential customers and partners.

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

Tech Zulu Event

OCTOBER 24, 2013

Scot has been an entrepreneur and executive responsible for the launch of several interactive entertainment ventures. AGN was sold to Net-TV pioneer Pseudo Programs and Rubin served as VP of Games and Sports programming. He also leads mergers and acquisitions and ran the acquisitions of SGN, MindJolt and HallPass Media.

Technical Review 76

Technical Review Technology Activision Entertainment 76

Tech Zulu Event

MARCH 21, 2014

The transaction is considered the largest public acquisition in Bitcoin history with both companies exhibiting impressive growth numbers since their respective beginnings. Dan, now named as Product Manager for the Blockchain acquired Zeroblock apps, tells the audience about life after acquisition. The subject on hand?

Startup 104

Startup Venture Capital Draper Invest 104

InfoChachkie

SEPTEMBER 22, 2009

Entrepreneurs create opportunities by creating ripples, and mini-ventures are great ripple creators. This enterprise netted the entrepreneurial student a nice fistful of bills before each test. the smartass entrepreneur replied, “It’s called business. When the Professor asked, “What do you think you are doing?”

Ideas 153

Ideas Startup Pricing Entrepreneur 153

InfoChachkie

SEPTEMBER 1, 2009

If you are not, you may have already blown your chance at becoming a successful entrepreneur on The Fringe, as your future competitors gained hundreds of hours of hands on experience while you played with your GameBoy. Just like in Monopoly, if this contract is broken, the entrepreneur can be thrown in jail. Hands on Learning.

Outsource Development 154

Outsource Development Entrepreneur Training Startup 154

socalTECH

FEBRUARY 18, 2009

Their idea was to catch enough consumers to scale, but they didn't understand the cost of acquisition, of finding customers, marketing, and advertising. What AdventureLink allows us to do is cast a very wide net, to build distribution partners and tap into mainstream travel. VoIP is a critical component for our phase 2 launch.

Altadena 100

Altadena Web Sites Activity 100