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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.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side. He started another company on the side while he was working during the day at a technology company. As a technologist he felt the US was “ground zero&# for technology innovation.

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A Serial Entrepreneur’s Take On Guy Kawasaki’s Enchantment

InfoChachkie

The short version of my review is: “Enchanting? I read Enchantment anticipating that it might augment my Entrepernurial Selling class, which focuses on influence and persuasion, rather than sales tactics. The time spent reading Enchantment will net a significant return. I was not disapointed. Tricking The Jedi. Positive ROI.

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

Both Sides of the Table

But VC is an “illiquid asset&# so funds didn’t disappear quickly - In 2000/01 the stock market quickly adjusted punishing investors in the NASDAQ and in individual public technology stocks. It takes less to start a business these days – We all know that it takes less to start a technology company these days.

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Why You Should Think Twice Before You Send That Intro Email

Both Sides of the Table

Your entrée to sales meetings. Helping with a Sales Lead. It’s best if you send a deck so that the investor can review it for a fit before the introduction takes place. They think they’re doing the startup a favor by casting a wide net to VCs. The tech world is filled with these kinds of intros.

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Savings.com: The California Internet Tax Law and Unintended Consequences

socalTECH

As part of that, Amazon.com, Overstock.com, and a large number of e-commerce retailers have cut off their California affiliates, saying that they will immediately stop paying them for referrals due to the move. One, is the issue of whether Amazon should have to collect sales tax for California. I think there are two things going on.

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