Remove 2016 Remove Marketing Remove Patents Remove Sales
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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. This is also the place to first mention patents and any other differentiators that put you ahead of competition. What are your specific marketing and sales plans?

Invest 108
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Interview with Marcus Filipovich, Ocular Data Systems

socalTECH

Marcus Filipovich: I joined as Chief Executive Officer in January of 2016, however, our founders are really the pioneers in the area of using eye signs for drug enforcement. That's a bridge to our Series A, which we'll be using for scaling up sales and marketing. How big of a market is there for all of this?

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Join The Unicorn Club Of Billion-Dollar Companies

Startup Professionals Musings

If you don’t yet have a hundred investors knocking on your door, it’s time to put more focus on viral marketing, closing customers, and exponential growth. The target market better be a big one, certainly over a billion dollars, with a double-digit growth rate, and large enough to absorb multiple entrants.

Company 100
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Bio Roundup: FDA Says No, PCSK9 Value Fight, CRISPR Intrigue & More

Xconomy

All those years of hard work to reach the promised land, then just as a drug owner is ready to spike it home and take a victory lap, the FDA’s hands rise over the net… OK, it’s not a perfect analogy, but it’s better than comparing the patent fight over the gene editing system CRISPR-Cas9 to table tennis. (Be

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7 Reality Checks On Your Funding Odds With Investors

Startup Professionals Musings

They know that showing market traction will attract big companies, like Apple or Google, who can easily overrun the best startup. It costs very little to file a provisional patent to begin your protection. Market is new or unproven, or your solution is 'disruptive.' Go-to-market strategy is missing or not clear.

Funding 57
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A Five-Minute Tutorial On How To Value Your Startup

Startup Professionals Musings

It’s like trying to sell a home still being built at next year’s dream market price. If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation. Get premium for billion-dollar markets with double-digit growth rates.

Startup 71
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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

The best differentiation is a patent or other intellectual property that also provides a barrier to entry. Investors look for sales at full price, to people you don’t know, to validate demand, price, and margin. Show an aggressive marketing and sales plan. Marty Zwilling First published on Forbes on 08/02/2016.