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How big is your ocean? A lesson in TAM, SAM & SOM

Berkonomics

You, the lonely fisherman, must weave a net to catch your fish. Should your net be large and bulky, requiring more effort and expense to weave? Or should it be small and delicate, to catch those fish that would otherwise fall through the net? TAM, SAM & SOM? So, is your (SOM) serviceable obtainable market large enough?

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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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6 New Venture Realities To Target Your Funding Effort

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”).

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Is Social Media Killing Email

SoCal Tech Calendar

Combined, these statistics suggest a net of 190f consumers who are using email more often. . With the seemingly endless reports about the death of email, its no wonder that the commonly-held myth of decreased email usage exists. However, when surveyed, 250f consumers said they were using email more often. See [link] (more)

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7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

According to recent statistics from the Small Business Administration (SBA), this approach still accounts for 99 percent the businesses out there today. With most small businesses set up as sole proprietorships or LLCs ( Limited Liability Corporations ), net income flows more directly into your personal income.

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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

Net out the problem and your solution in the first 30 seconds. Even including repeat entrepreneurs, statistics continue to show that the overall failure rate for startups within the first five years is greater than 50 percent. Successful startups are all about the right people with the right stuff. Executive summary glossy.

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6 Reasons Startups Need All Angels Plus Crowd Funding

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”).

Startup 76