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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 182
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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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Amgen Acquires Otezla for $13.4 Billion

socalTECH

According to Amgen, the deal will help strengthen its inflammation portfolio, and will be worth approximately $11.2 billion net of anticipated future cash tax benefits. Amgen said it expects low double-digit sales growth for Otezla over the next five years. billion in cash. Otezla had $1.6 billion in sales in 2018.

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An economics lesson for growing companies

Berkonomics

Loan covenants are always required that clearly state how much net equity, the minimum current ratio, and other minimum financial requirements must be maintained to be compliant and state the penalties for non-compliance – which are always severe, often threatening to call or cancel the loan in its entirety.

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Need money? Read this!

Berkonomics

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). Many accelerators have come and gone during these past five years.

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Finding a strategic partner, investor or buyer

Berkonomics

It will help you to focus upon the most likely candidates and save lots of time. For corporate boards, even those not looking for a buyer at this time, I often help to manage this exercise in board meetings once every few years. The net result of this exercise. Start with the “matrix method.”. Here are the steps to take.

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A heartbreaking story about time and money.

Berkonomics

Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. How about young or pre-revenue companies?