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Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

A version of this article previously appeared in Forbes. In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. If you haven''t already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles!

Pricing 100
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United Dwelling is one startup building something to solve California’s housing crisis

TechCrunch LA

based company makes money on the sale of the house, managing the rental and connecting homeowners to a lender that will give them money to acquire the rental property. The prices will vary by neighborhood, but Dietz expects them to run 20 percent less than the average cost of an apartment in the same neighborhood, he said.

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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.

Startup 383
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” The most obvious way to explain this is with sales people. Gross Profit (also called Gross Margin or sometimes “Net Revenue”).

Startup 418
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This Woman’s Company Should Have Been Named After Her, Not Her Husband

InfoChachkie

A version of this article previously appeared Forbes. Ruth had previously headed the company’s sales efforts, but she formally moved up to the CEO role upon Matson’s departure. This is an especially remarkable feat, considering that America’s entire population at that time was 157 million, representing a sale to 1 out of every 1.7

Company 100
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Maximize Your Exit By Not Selling Your Company

InfoChachkie

A version of this article previously appeared in Forbes. If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! My House Is Not For Sale. Even the eccentric King of Pop communicated the price he was willing to pay for Neverland. What is your price?”.

Company 100
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Maximize Your Exit By Not Selling Your Company

InfoChachkie

free weekly Infochachkie articles! My House Is Not For Sale. Even the eccentric King of Pop communicated the price he was willing to pay. Our response was that there was no “price” as our company was not for sale. As we were not engaged in selling our company, a “price” was nonexistent.

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