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Selecting a Software Development Company in 2024

TechEmpower

million software developers worldwide. Given this diversity, it's important to be selective in the development services company with whom you choose to partner. In the 25 years that TechEmpower has been in business, we’ve seen thousands of companies come and go. Has the company handled projects similar to yours?

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A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. How about young or pre-revenue companies? We often accept that development schedules for young companies are almost always too optimistic.

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A personal story about quality control

Berkonomics

As my enterprise computer software company which produced innovative lodging systems for hotels and resorts grew quickly, we found ourselves straining to keep up with the hiring and training of good customer support representatives, a critical part of the equation then and still so today in the 24-hour environment of hotel front desk operations.

Training 156
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A Bigger Truth About Restaurant Food Delivery

Both Sides of the Table

It won’t happen right away but I’ve seen some innovative companies doing exactly this in places like Australia where they are taking a more liberal approach to allowing drone deliveries. It was only about 10–15% of their actual total revenue per month so for many it wasn’t a battle worth fighting?—?they

SaaS 242
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Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. Are you looking to potentially sell the company in the next year or two? See appendix if you want to know more on this.)

Startup 227
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The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

The Truth About the Scooter Economy?—?An The company started the year with no revenue and at it’s peak had a run rate well in excessive of $100 million / year. Pause to think about how remarkable that truly is. No, the scooter companies were not incredibly well prepared for just how steep the drop would be.

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Bonfire Ventures secures $230M for two new funds targeting B2B software startups

TechCrunch LA

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15

Software 163