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How Investors Think About Valuation of Pre-Revenue Startups

SoCal CTO

A lot of my time is spent helping early-stage companies get to proof points so that they can raise capital. I should try to come back and write about this more, but the point of this post is that it's important not to only think about this aspect. Size of target market $100M is okay. What are they really looking for?

Startup 198
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How Startups Can Figure Out Sales: Amos Schwartzfarb, TechStars

socalTECH

I didn't really set out to write a book. The reason why, is my experience is in early stage sales and more specifically, in early stage customer development. Before you have data to figure that out, you're in customer development mode, and you shouldn't have a sales person. That was four years ago.

Sales 113
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Why The ‘Fail Fast’ Mantra Needs to Fail

Both Sides of the Table

Yesterday I wrote a post about how much capital your startup should raise. In general when capital is available take it (provided it’s on the right conditions and from the best people from whom you can raise). Define a market problem that you believe you can solve. It’s also bad to raise too much, too early.

Startup 308
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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

It was a pleasure to write them myself. He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. So when he saw the browser it instantly dawned on him that this would be the greatest customer development tool ever. I further that.

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Top 57 Online Startups Meets Technology Meets Product Posts for November 2010

SoCal CTO

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. But I didn’t write it for you; I wrote it for myself. How to Take Down Facebook -- Hint: It Ain't Twitter. but: Something is Still Missing.

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Top 40 Startup Posts for August 2010

SoCal CTO

How To Pitch A Product - A VC : Venture Capital and Technology , August 4, 2010 I've said a bunch of times on this blog that the perfect pitch is a very short intro to provide context followed immediately by a demo. We had to write a CRM to keep track of them all. More tiers = more complication = more confusion. Final Thought.

Startup 191
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Top 120 Startup Posts for 2010

SoCal CTO

Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. - . - 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? First Principles.

Startup 378