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How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

deliver profitable revenue that while on gross margins of 50% vs. software at 85-95% it is still profits to help you cover fixed costs. You don’t want to run the risk that having a PS business that takes your eye of off the ball of growing a large software business. That is the software business. rollout support.

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Eano’s Stella Wu is not your typical construction tech startup founder

TechCrunch LA

As more people spent time at home last year due to the COVID-19 pandemic, the startup saw its contract revenue spike by 5x, Wu says. Eano, she said, offers competitive and transparent pricing so that homeowners aren’t surprised as a remodeling project goes on. And in the first quarter of this year, business was up 70% year over year.

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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today. Features, availability, and brand are just the price of entry. These have the vision and the resources to fund long-term digital success.

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Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

Reflexively founders want to raise as much money as they can because they figure it will give them more resources, better chances of competing and a longer runways before they have to do the often painful job of asking, yet again, for money. million and in my second company we raised only $500,000 by choice. million or $4 million.

Startup 292
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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Startup 136
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Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch LA

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. The vast majority of those are nowhere up to modern codes. ” Climate resiliency .

Startup 229
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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. He came to work in our offices at Upfront Ventures as an EIR and immediately began building software to improve how storage was picked up, photographed, scanned and routed to a warehouse. As an early-stage VC I love this phase.

Startup 286