Remove category
Remove Acquisition Remove Competition Remove Entrepreneur Remove Pricing
article thumbnail

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He invented the category of sponsored search. At the time when you did a search on Lycos, Alta Vista or similar for a category such as Cars you ended up getting 9 spam results and 1 proper website to meet your needs. He said it was better than the Yellow Pages because he would provide pricing transparency. Overture (Goto.com).

article thumbnail

5 Strategies For Business Growth Many People Forget

Startup Professionals Musings

Competitors tend to focus on price and other variations to existing offerings. Rather than rely only on linear thinking, the best entrepreneurs are always looking to offer in parallel a more dramatic new alternative. Redefine your product to reach a new category. Implement a plan of regular strategic acquisitions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Try to “Pull an Instagram.” Here’s Why …

Both Sides of the Table

. “it’s smart to use an impending investment valuation to drive a higher acquisition valuation” I would like to amend her statement slightly to read, “it’s smart to use an impending investment valuation to drive an higher acquisition.” to justify a “strategic” price.

article thumbnail

Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

In the same year they won Business Insider’s Startup competition. RedBeacon went on to sell to HomeDepot in what was considered a very successful acquisition on all sides. But Ethan had left by the time of the acquisition. RedBeacon was the 3rd winner (year 1: Yammer, year 2: Mint.com) – not bad company. Nice sweep!

CTO Coach 359
article thumbnail

Creating the 21st-Century Fashion Brand, with Brett Markinson, Sole Society

socalTECH

One of the fastest growing startups in Southern California in recent years was Hautelook, which went from just an ideas to a huge, $270M acquisition by Nordstrom only X years later. Hautelook was able to help define--and conquer--the online flash sales category, in record time. It's the relationship between price and quality.

article thumbnail

5 Clues To Investor-Friendly Financial Estimates

Startup Professionals Musings

Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. Most entrepreneurs, with no experience, believe that they can make good money with lower margins than competitors. Gross margins greater than 50%. Marty Zwilling.

Equity 99
article thumbnail

5 Rules of Thumb for Startup Financial Projections

Startup Professionals Musings

Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. Most entrepreneurs, with no experience, believe that they can make good money with lower margins than competitors. Gross margins greater than 50%. Marty Zwilling.

Startup 97