Startup Professionals Musings

DECEMBER 17, 2013

As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Cost of customer acquisition. Customer acquisition cost is calculated by dividing total acquisition expenses by total new customers over a given period.

Metrics 100

Metrics Technical Review Sales Customer 100

Tech Zulu Event

MAY 6, 2014

Today, there are many companies competing for innovation in the field of wearable tech. Not only can wearable technology make our lives easier, but it can also help to make the lives of many with illnesses or disabilities more comfortable and productive. Google Glass is one of the most famous examples of wearable Tech.

Technical Review 88

Technical Review Technology Software Review Google 88

socalTECH

OCTOBER 2, 2012

Southern California's technology community--despite all of the recent excitement around Silicon Beach--continues to be underserved in terms of capital, with a lack of venture capital funds (with money), and other private technology investors. Jeb Spencer: We consider ourselves a private equity firm.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

Both Sides of the Table

OCTOBER 21, 2009

On the third Wednesday of every month I co-chair a meeting called the SoCal VCA (venture capital alliance), which represents participants from all of the top venture capital firms in Southern California as well as prominent members of the Tech Coast Angels (TCA). We feature a prominent speaker at every event.

Venture Capital 241

Venture Capital Technical Review Southern California Company 241

Startup Professionals Musings

FEBRUARY 14, 2022

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Nail the solution. Process myth: Why building a product leads to failure.

Technical Review 143

Technical Review Customer Custom Entrepreneur 143

Startup Professionals Musings

AUGUST 13, 2022

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or angel investors in Arizona, where I live. On the other hand, if you are into solar technologies, there is probably an advantage to being in Arizona or a similar location.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Startup Professionals Musings

APRIL 23, 2022

The entrepreneurial mindset is a function of motivation, priorities, and risk versus reward, all of which you set or enable by your leadership and example. This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. Marty Zwilling.

Startup 134

Startup Training Sales Entrepreneur 134

Xconomy

SEPTEMBER 29, 2016

With public interest in artificial intelligence technologies on the rise, five of the world’s largest corporations—vying against each other in so many spheres—are banding together to support research on the ethical and societal issues raised by machines with increasingly human-like capabilities.

Artificial Inteligence 40

Artificial Inteligence Technical Review Technical Advisors Research 40

Both Sides of the Table

APRIL 4, 2011

Only one guy in the room knew – their tech lead. Once you churn a user due to stability or performance problems it can be hard to get them back. For example, I highly recommend a set of board metrics that the CEO communicates to board members at every meeting. Customer Acquisition. SEO is seldom “free.”. lowering $1.50

Metrics 346

Metrics Startup SEO Customer 346

Startup Professionals Musings

NOVEMBER 9, 2019

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or Angel investors in Arizona, where I live. On the other hand, if you are into solar technologies, there is probably an advantage to being in Arizona or a similar location.

Startup 97

Startup Technical Review Oracle Software Review 97

Startup Professionals Musings

MAY 15, 2019

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Nail the solution. Process myth: Why building a product leads to failure.

Startup 98

Startup Technical Review Customer Custom 98

Both Sides of the Table

NOVEMBER 14, 2017

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. How long does it take me to pay back my original customer acquisition costs? How profitable is my product or service? Seriously, this happens.

Startup 286

Startup Technical Review Customer Custom 286

Tech Zulu Event

DECEMBER 13, 2013

The nuts and bolts of our tech company is that CMS in the middle, the connection engine. When I went full-time, I did not have the full-time support on the tech side I wanted. So, I have no tech support right now. Which I have shown to do, but anybody who invests in tech, invests in team. It’s a huge challenge for me.

Technical Review 87

Technical Review Mobile Startup Los Angeles 87

Both Sides of the Table

APRIL 26, 2016

Perhaps the most misused terms I see these days from entrepreneurs involve CAC (customer acquisition costs) and LTV (life time value) and a lack of understanding these critical components is driving many companies to premature failure. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition.

Metrics 150

Metrics Startup SaaS Course 150

SoCal CTO

FEBRUARY 13, 2013

I did a presentation this week at Coloft that looked at how Non-Technical Founders can go about getting their MVP built. Examples might be a recommendation engine, search engine, matching engine or something with a complex interface. And the back-end is something that a non-technical founder can manage.

Technical Review 338

Technical Review CTO Hire CTO Coach Software Review 338

Both Sides of the Table

DECEMBER 27, 2011

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?” For example, look at the following graph.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

JULY 21, 2019

The entrepreneurial mindset is a function of motivation, priorities, and risk versus reward, all of which you set or enable by your leadership and example. This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. Marty Zwilling.

Training 88

Training Sales Entrepreneur Technical Review 88

SoCal CTO

MARCH 18, 2010

Example here: [link]. For example you say: Vince: Ignited Managers thrive because of their unique ability to connect and leverage their informal networks for the good of the company. I know Jim, Mark, Kurt (see Los Angeles Technology Connector – Kurt Daradics ). Vince: I only take business that I believe in. have to be excited.

Startup 225

Startup Los Angeles Social Network Twiistup 225

InfoChachkie

AUGUST 10, 2010

One is obvious, without protection, such IP might prove to be of little worth, as other companies can mimic the technology without recourse. The very nature of formal IP approval process ensures that some level of vetting has been performed to assess whether the IP is infringing on another company’s technology. Provisional Approach.

IP 256

IP Patents Company Companies 256

Both Sides of the Table

MAY 28, 2018

There are many things a VC is looking for in reviewing your business plan but beyond things the like the quality of revenue, margins, OPEX and CAPEX there’s a really simple rule I call, “Cash In, Cash Out, Milestones Achieved.” In the example I’ve provided I assume you’re raising $5 million by month 4 of your plan.

Venture Capital 247

Venture Capital Capital Funding Demand 247

Startup Professionals Musings

MAY 16, 2015

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or Angel investors in Phoenix, Arizona, where I live. On the other hand, if you are into solar technologies, there is probably an advantage to being in Phoenix or a similar location.

Startup 109

Startup Technical Review Oracle Software Review 109

Startup Professionals Musings

JANUARY 18, 2014

You can review all the specifics of this approach in a book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur''s Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Entrepreneur 113

Entrepreneur Startup Technical Review Customer 113

Startup Professionals Musings

MAY 12, 2017

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Nail the solution. Process myth: Why building a product leads to failure.

Startup 64

Startup Technical Review Entrepreneur Customer 64

Startup Professionals Musings

DECEMBER 2, 2017

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or Angel investors in Arizona, where I live. On the other hand, if you are into solar technologies, there is probably an advantage to being in Arizona or a similar location.

Sites 59

Sites Startup Technical Review Oracle 59

Tech Zulu Event

JULY 24, 2014

Whether due to technological, regulatory, or competitor driven factors, key market dynamics you envisioned when you came up with your idea, did your research and developed your business plan, no longer apply. How do you distinguish between the two? 1) Your market has changed. 2) Your investors are getting nervous.

Startup 98

Startup Competition Examples Customer 98

Jason Nazar

MAY 1, 2016

Customer Acquisition Cost / Cost Per Acquisition . The customer acquisition cost or cost per acquisition is the basic marketing cost to acquire a customer. For example, if it costs $1,000 on Google paid search to get 500 people to visit your site and five of those people purchase an item, your CAC is $200 ($1,000/5).

Marketing 40

Marketing CPC Metrics .Net 40

socalTECH

OCTOBER 30, 2013

Farbod Shoraka: My background is actually in mergers and acquisition advisory. It''s very similar to flowers, in that sense that I was working on a deal selling a flower company, and got lots of background information and understanding of the industry as part of our due diligence.

Beverly Hills 157

Beverly Hills Technical Review Design Startup 157

Startup Professionals Musings

DECEMBER 20, 2012

You can review all the specifics of this approach in a recent book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Nail the solution. Process myth: Why building a product leads to failure.

Startup 118

Startup Technical Review Entrepreneur Customer 118

Startup Professionals Musings

DECEMBER 7, 2013

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or Angel investors in Phoenix, Arizona, where I live. On the other hand, if you are into solar technologies, there is probably an advantage to being in Phoenix or a similar location.

Startup 102

Startup Technical Review Oracle Entrepreneur 102

Jason Nazar

NOVEMBER 1, 2015

Customer Acquisition Cost / Cost Per Acquisition . The customer acquisition cost or cost per acquisition is the basic marketing cost to acquire a customer. For example, if it costs $1,000 on Google paid search to get 500 people to visit your site and five of those people purchase an item, your CAC is $200 ($1,000/5).

Marketing 40

Marketing CPC Metrics .Net 40

InfoChachkie

JUNE 4, 2012

Value is created through diligent hard work. Once you prove that a substantial number of people are willing to pay more for your solution than it costs you to provide it, you can then consider licensing your underlying technology. Commercializing an idea involves defining and validating an economically viable value proposition.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Xconomy

AUGUST 12, 2016

government’s Precision Medicine Initiative is an ambitious effort to collect the genomic data of 1 million Americans, and tech giant Alphabet (NASDAQ: GOOG ) is deeply involved. —Option-to-buy deals are by definition no guarantee, and an agreement between Boston-based Acetylon Pharmaceuticals and Celgene is the latest example. .

Google 40

Google Technical Review News Research 40

Both Sides of the Table

JULY 25, 2010

I’ve been meaning to write about this for a while and was going to use AngelList by Nivi & Naval as the basis for my example and the perfect prompt came yesterday when I read Fred Wilson’s blog post on AngelList. Before booking a hotel I always check out Trip Advisor and read reviews. So how does this apply to you?

Guide 293

Guide Funding Venture Capital Technical Review 293

socalTECH

SEPTEMBER 29, 2011

The company was founded by Bong Koh, a former EIR at Prism VentureWorks and venture capitalist at Advanced Technology Ventures; he also co-founded ibeatyou. The example, is as CEO I am obviously much more externally focused, on strategy, fundraising, and business side issues. Obviously, Prism is a great example.

Startup 271

Startup CTO Coach Activity Software Review 271

InfoChachkie

OCTOBER 13, 2009

The ad includes two coupons, under the heading “Mail One Coupon Today – Give the other to a Friend”, an example of old-school viral marketing. Yet when a child attempts to sell such mis-priced items, the experience is often discouraging, due to the poor cost / value equation associated with such fundraising products. Boys To Men.

Web 2.0 222

Web 2.0 Web Sales Outsource Development 222

Startup Professionals Musings

JULY 17, 2017

The entrepreneurial mindset is a function of motivation, priorities, and risk versus reward, all of which you set or enable by your leadership and example. This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. Marty Zwilling.

Entrepreneur 69

Entrepreneur Startup Training Sales 69

Startup Professionals Musings

OCTOBER 24, 2014

The entrepreneurial mindset is a function of motivation, priorities, and risk versus reward, all of which you set or enable by your leadership and example. This is the platitude of an obsolete corporate culture where you had to “pay your dues” in menial jobs before adding creativity or making decisions. Marty Zwilling.

Startup 105

Startup Training Sales Entrepreneur 105