Remove .Net Remove Pricing Remove Product Remove SaaS
article thumbnail

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up ā€œIā€™m Gonna Git You Sucka,ā€ Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

Pricing 100
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Playing the Long Game in Venture Capital

Both Sides of the Table

Itā€™s a virtue of the laws of large numbers ($100 million in ARR ) plus strong growth compounding off of large numbers plus large customers relying on our products for 7+ years or longer. Our goal is to produce a $10 billion+ winner and remain the market leader in this SaaS category of AI in Sales & Marketing.

article thumbnail

Entrepreneurs Should Go For The Quick Buck ā€“ Then Stop - Initial Business Models Can Be Enticing But Limiting In The Long Run

InfoChachkie

However, in the long run, entrepreneurs always benefit from delivering Maximum Utility for a fair price. Perhaps in part due to its dominant market share, WebEx adopted telecom-style pricing, which effectively penalized their users. WebExā€™s predatory pricing made it vulnerable to a new entrant. Arbitrage Is Fleeting.

article thumbnail

Startups Are A Remix

InfoChachkie

Filmmaker Kirby Ferguson has created a collection of short films which beautifully underscore Mr. Jobsā€™ definition of creativity (the term beautiful is appropriate here, as the production values are sweet). The collective 28-minutes required to view the videos will net you far more than another episode of Modern Family.

Startup 255