Remove .Net Remove Pricing Remove Sales Remove Software Review
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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

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418
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Increasing Profit Margins By Decreasing Inefficiency

Tech Zulu Event

The net income is calculated by subtracting expenses from the revenue. To increase the net income, management must raise prices, reduce expenses or use a combination of both. When the model is completed, software and machinery may be needed to execute the process. The Bottom Line. Automation. Monitoring.

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Are Business Plans Still Necessary?

Both Sides of the Table

That died with waterfall software development. Let’s start with how much value you think you’ll create for your customer if they use your product in terms of hours saved, costs avoided, extra sales, better conversion rates or whatever. Ditto for enterprise software companies. 66% Net Operating Margins?

Web 2.0 334
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What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

LP’s who invest in funds are typically university endowments, public & private pension funds, insurance companies, large corporations and very high net worth individuals called “family offices.&# To give you an indication of how bad, for example, university endowments are suffering check out this chart.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

CODE=DJII-DJN SYMBOL=FB CODE=DJII-DJN SYMBOL=GOOG CODE=DJII-DJN SYMBOL=I/DRG CODE=DJII-DJN SYMBOL=I/HOM CODE=DJII-DJN SYMBOL=I/ISV CODE=DJII-DJN SYMBOL=I/MED CODE=DJII-DJN SYMBOL=M/TEC CODE=DJII-DJN SYMBOL=MDA.T October 5, 2012.

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Interview with Dipanshu Sharma, Kadonk

socalTECH

We didn't wanted to create new project management software--everyone uses Microsoft Project--but we wanted to make it more collaborative. So, our software takes a Microsoft.mpp file, and allows a whole team to manipulate it. There was a disconnect between the product and the sales process. You can just download and use it.

Startup 100