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X1 Claims Strong Growth

socalTECH

Pasadena-based enterprise search software developer X1 --one of the longest running offshoots of Idealab--reported today that it had a "record" sales year for the company in 2014. The company said its biggest purchase was a $1M contract from a large, US government agency for a 20,000 seat install of its software.

Idealab 100
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Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Martin Zwilling First published on Entrepreneur.com on 9/26/2014.

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Innovating Telecom – Emir Aboulhosn (CEO) of Ready SIM

Tech Zulu Event

” It’s a compelling thought – especially when you consider the alternative: 2 year contracts, overage charges, hours of dealing with customer service reps. Sell it as needed and remove the need for long term contracts. They do this by getting a customer locked in on a long term contract and not worrying beyond that.”

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