InfoChachkie

DECEMBER 2, 2009

As noted in Pour and Stir Part I , the key to the successful execution of this strategy is managing the following equation: The cost to acquire a customer < lifetime value of a customer. Decreasing Your Customer Acquisition Costs. This is equivalent to being handed a free customer for every ten customers you acquire.

Custom 164

Custom Customer Advertising SEM 164

Startup Professionals Musings

AUGUST 8, 2014

If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your secret sauce, you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

Outsource Development 95

Outsource Development Outsource Offshore Software Review 95

socalTECH

MAY 11, 2010

Jody--an experienced entrepreneur who was most recently co-founder of a firm he sold to the Virgin Group, and has been involved with such firms as Lycos, Buydirect.com, and Xoom--told us the story of EcoMom, plus how he connected with McClure on the investment. We caught up with EcoMom CEO Jody Sherman , to learn more about the company.

Software Review 200

Software Review Commerce Startup Sites 200

socalTECH

JUNE 8, 2011

It's the biggest portion of our revenues at our company, and our clients include the Buffalo News, Pittsburgh Post Gazette, JDate, Spark network, and many entrepreneurs. We actually built that about a year and a half ago, and are bringing that back due to overwhelming demand. We were crowd sourcing artists and design.

Platform 263

Platform Training Software Review Advertising 263

Startup Professionals Musings

MARCH 14, 2015

The instigators are all well-intentioned – executives talk to potential customers who “must have” a few more things; or the technical team edicts some “technically elegant” options that they can’t resist adding before release. Define milestones for cost review and sign-off. business entrepreneur feature creep scope creep startup'

Technical Review 104

Technical Review Product Software Review High Tech 104

Startup Professionals Musings

OCTOBER 19, 2013

The instigators are all well-intentioned – executives talk to potential customers who “must have” a few more things; or the technical team edicts some “technically elegant” options that they can’t resist adding before release. Define milestones for cost review and sign-off. entrepreneur startup funding product features business'

Technical Review 110

Technical Review Startup Software Review High Tech 110

Both Sides of the Table

APRIL 12, 2018

Many people will write the history on why Ring became an enormously successful company and why it became a real-world unicorn in a world when many startups are anointed that merely on paper. Jamie Siminoff is not only one of the single best true entrepreneurs in Los Angeles, he’s amongst the best we’ve worked with in the country.

Startup 247

Startup Pricing Product Marketing 247

SoCal CTO

AUGUST 3, 2010

5 Lessons from 150 startup pitches - A Smart Bear: Startups and Marketing for Geeks , July 11, 2010 I just reviewed several hundred startup pitches for Capital Factory. Wannabe entrepreneur symptoms and cures - Gabriel Weinberg , July 25, 2010 I was once a wannabe entrepreneur. You're probably making a lot of these errors too.

Startup 217

Startup Venture Capital Blogging Software Review 217

socalTECH

JULY 22, 2016

Rufus Labs is one of a number of hardware startups which have started to proliferate in the community, due to low cost hardware, 3D printing, and crowdfunding sites like Kickstarter and Indiegogo. Plus, they don't collect data, and use really old, limited software. When we talk to customers, we hear about these pain points.

Technical Review 100

Technical Review Startup Software Review CTO Hire 100

Both Sides of the Table

OCTOBER 15, 2009

But some companies have entrepreneurs that seem talented on paper, are in a space that seems interesting to investors and are able to raise venture capital early in the company’s existence. This can often happen when there is a good product built but no real customer adoption yet. This is what happened to me.

Startup 299

Startup Venture Capital Technical Review Training 299

socalTECH

JUNE 11, 2018

For those not familiar with the writing process in Hollywood works, fill us in? We saw that there were a lot of talent discovery programs out there, such as screenwriting fellowships, labs, film festivals, workshops, and writing competitions. That's been our focus, on centralizing talent discovery on the platform.

Technical Review 100

Technical Review Hollywood Platform Competition 100

InfoChachkie

NOVEMBER 23, 2015

We typically do not ask entrepreneurs to visit our offices in Santa Barbara, but Jeff wanted to meet with Kevin, an investor in our Fund who helped us vet opportunities and occasionally invested alongside of us. Tech Diligence - Consider The Source. Similar to VoiceXML, the standard for the past 5-yrs. It's Me, Not You.

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

Both Sides of the Table

APRIL 13, 2011

Huge thank you to Steve De Long for the write up. A deep dive into the Foundry Group investment philosophy including an interesting discussion of their investing Themes. “… our lens is: Internet Software Companies anywhere in the U.S. If you are outside internet software we are not going to invest. Is that when it became big?

Venture Capital 288

Venture Capital Startup Technical Review Software Review 288

Both Sides of the Table

FEBRUARY 15, 2016

This has led VC & entrepreneur bloggers alike to similar conclusions: start raising capital early and be careful about having too high of a burn rate because that lessens the amount of runway you have until you need more cash. I’m surprised how few entrepreneurs have this open conversation with their investors.

Startup 150

Startup Capital Funding Invest 150

SoCal CTO

DECEMBER 1, 2010

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. The United States is now a debtor nation to China and that the bill is about to come due. But I didn’t write it for you; I wrote it for myself.

Technical Review 175

Technical Review Startup Product Technology 175

socalTECH

OCTOBER 28, 2010

Not too many people are aware of the success and story of Lynda.com (www.lynda.com), started by Lynda Weinman and Bruce Heavin , and how the firm's now grown to a double-digit, multimillion dollar business which is known as THE source for online training on such things as web design, graphics software, animation, video editing, and much more.

Startup 242

Startup Web Design Writing Web 242

Both Sides of the Table

NOVEMBER 25, 2010

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. Entrepreneurs are neurotic about it. Ask your customer why you lost. Write things down. We helped the write out their requirements for a system. I hate losing. Specifically: 1.

Outsource Development 333

Outsource Development Software Review Technical Review News 333

Both Sides of the Table

NOVEMBER 25, 2010

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. Entrepreneurs are neurotic about it. Ask your customer why you lost. Write things down. We helped the write out their requirements for a system. I hate losing. Specifically: 1.

Outsource Development 328

Outsource Development Software Review Technical Review News 328

Both Sides of the Table

AUGUST 8, 2009

Traction can simply mean showing that you’re making progress with customers, product development, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. It is code word for “I’m not ready to invest for whatever reason … I need more proof.&#.

Venture Capital 309

Venture Capital Guide Startup Technical Review 309

Both Sides of the Table

OCTOBER 19, 2009

I had seen many cycles and decided that since I was going to do it all over again I should write about it. It included one firm who I asked not to call Salesforce.com as a reference (they were our largest pilot customer) and in their kindness they called Marc Benioff (the CEO) and asked his opinion. That changed very quickly.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

socalTECH

OCTOBER 4, 2010

The company provides SAT, ACT, and other similar test preparation courses and related software. I had worked as a tutor for Princeton Review, and Jake for Kaplan. We thought, we could put out a better product than Kaplan or Princeton Review, which would be more compelling, and also would tie in a strong social mission.

Software Review 178

Software Review Technical Review Education Startup 178

Both Sides of the Table

MAY 1, 2010

It makes no sense to meet in August or December due to travel schedules of most investors. For the record, this is not a secret, coded messages to companies for which I am on the board! . They mostly understand your company, your customers, your competitors and your market but never as precisely as you do. That’s it.

Startup 301

Startup Venture Capital Software Review Email 301

Both Sides of the Table

JULY 29, 2010

We received so much positive feedback from our This Week in Venture Capital show walking through valuation calculations & term sheets that we decided to do a Q&A show this week to address topics that entrepreneurs want to learn about. on the entrepreneur side of the table) when I raised at too high of a price. This is wrong.

Venture Capital 282

Venture Capital Capital Startup Pricing 282

Startup Professionals Musings

JULY 6, 2011

The instigators are all well-intentioned – executives talk to potential customers who “must have” a few more things; or the technical team edicts some “technically elegant” options that they can’t resist adding before release. Define milestones for cost review and sign-off. Implement and enforce a change process.

Technical Review 96

Technical Review Startup Software Review High Tech 96

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” I have had this discussion with many a first-time entrepreneur. If you don’t, somebody else WILL!” ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

FEBRUARY 14, 2010

I’m writing this post to make sure you’re all on that same playing field. Fortunately I was mostly a technology consultant, which meant that I coded computers, designed databases and planned system integration projects. He said, literally, I sh*t you not, “well, my report was due and I didn’t have much time.

Statistics 415

Statistics Startup Report Research 415

Startup Professionals Musings

SEPTEMBER 14, 2012

The instigators are all well-intentioned – executives talk to potential customers who “must have” a few more things; or the technical team edicts some “technically elegant” options that they can’t resist adding before release. Define milestones for cost review and sign-off. Implement and enforce a change process.

Technical Review 75

Technical Review Startup Software Review High Tech 75

InfoChachkie

AUGUST 10, 2010

Unlike an unregistered copyright, which you gain automatically by expressing an idea in written form, you cannot gain intellectual property protection by simply being the first person to describe an idea in writing. As noted in Roping In The Legal Eagles , you have the responsibility to write the layman’s description of your patent claims.

IP 256

IP Patents Company Companies 256

Both Sides of the Table

SEPTEMBER 28, 2014

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). Growth vs. Profitability.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

MARCH 25, 2016

In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. The questions that a VC mulls before writing a check are precisely the questions you should be asking yourself. Market Size. How much ad revenue does TripAdvisor make?

Startup 150

Startup Marketing Study SEO 150

Both Sides of the Table

MAY 5, 2011

I’m an entrepreneur at heart so I’m always inspired when I hear stories about innovation. It’s why my investment philosophy is called, “ the entrepreneur thesis.&#. He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving.

Venture Capital 317

Venture Capital Technical Review Startup Press 317

Tech Zulu Event

OCTOBER 11, 2012

The multi-tiered platform allows for money to be transferred between Facebook friends, the ability to click and purchase any item that you see on Facebook and through the published API’s, developers can integrate and write their own applications on top of the ZunguZ platform. As we know, developers always give their product a code name.

Software Review 92

Software Review Social Network Platform Technical Review 92

Both Sides of the Table

AUGUST 15, 2009

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. Entrepreneurs are neurotic about it. We helped the write out their requirements for a system. They hired a consultant to help them with the review. I hate losing. we would support 6.0

Startup 151

Startup Outsource Development Software Review Technical Review 151

Both Sides of the Table

MARCH 22, 2010

. - Journalists don’t know enough about your company before the show, don’t have time for proper research, and you will be competing for their time afterward with 49+ other companies that want them to write about you. - Do not equate that with them giving you glowing reviews – you have to earn that. Be respectful.

Tips 307

Tips Startup Press Blogging 307

Both Sides of the Table

APRIL 27, 2010

No rule is ever absolute no matter how it sounds when one writes a blog. That is when no customers wanted to work with Internet startups because we as an industry had burned so many customers. But in these years I learned how to sell software – necessity is the mother of all invention. I never built Google.

Startup 285

Startup Venture Capital Sales Software Review 285

Both Sides of the Table

JANUARY 28, 2011

I’ll write that post one day – it is a very interesting story. These are the skills I look for in entrepreneurs and leaders. It is the very fabric of what I believe forms the entrepreneur DNA. I meet entrepreneurs all the time who tell me one of the following things: “I’ve had trouble raising money.

CTO Hire 363

CTO Hire Technical Review Startup Demand 363

Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. I will write more about this in the next 2 weeks. So here is what I have been telling entrepreneurs privately for the past 6 months. What a bubble means for each entrepreneur. I believe that. But it will end.

Pricing 309

Pricing Marketing Startup Venture Capital 309