Startup Professionals Musings

FEBRUARY 17, 2021

Gone are the days of required $50K computer servers onsite, with big software license fees up-front. For example, if you have no technical background, you probably can’t create or sell an enterprise software product for a low price, even today. These steps alone can reduce your monthly burn rate by at least $10K.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

SoCal CTO

DECEMBER 19, 2012

Me : Product definition, use cases, feature list, wireframes, comps, really whatever you have. And in the case of defining mobile/web/software, there is even more variability in terms of form and format. Towards An Integrated Approach to UX Design You should definitely look at Steve Blank's book and review his blog.

Develop 354

Develop Development Technical Review CTO Coach 354

socalTECH

JULY 8, 2009

Santa Ana-based MSC.Software , a developer of simulation and design software, has received a $360M acquisition offer from a group of private equity investors. the two have entered into a definitive agreement to acquire all of MSC. Software's outstanding shares in an all-cash, merger transaction. READ MORE>>.

Acquisition 100

Acquisition Equity Software Pricing 100

Both Sides of the Table

JUNE 22, 2011

I’m no great scholar on bubbles – I have more interesting things to spend my time worrying about than the exact definition , but having been around a few I have at least given them intellectual consideration. But that doesn’t mean that people are paying rational prices as investors based on intrinsic value.

Pricing 309

Pricing Marketing Startup Venture Capital 309

Both Sides of the Table

JUNE 22, 2015

Between the mid nineties until 2007 wireless carriers around the world religiously protected the software that went on to phones and they guarded the end consumer relationship by controlling this software. So the value on the Internet went “up the stack” to portals such as Yahoo!, Excite, MSN and eventually Google.

Outsource Development 150

Outsource Development Startup Custom Customer 150

TechCrunch LA

MARCH 31, 2021

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. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229

Startup Technical Review Invest Research 229

socalTECH

MAY 30, 2019

I think, to be a great entrepreneur, you have to look at what is missing in the category that you will be playing in the industry, and figure what you can deploy with a little bit of strategy and technology to bring a better service and price. By definition, they liked you and thought they were a good fit for you before their applied.

Content 193

Content Social Network Coach Help 193

Startup Professionals Musings

DECEMBER 7, 2019

I suspect it’s a function of pride and confidence in my own problem solving abilities, but my hesitation has definitely cost me time and money. I get much more satisfaction, and can provide more realistic help, in steering you through specific pricing, organizational, or competitive challenges you face.

Help 123

Help Entrepreneur Course IBM 123

socalTECH

AUGUST 30, 2011

The way the overall model works, is there is a minimum price, the base price, and we allow the nonprofit to mark them up to set the retail price. From that point, we allow a nonprofit to set the retail price, which could be $20, or $25, or whatever. Brandon Hance: It's substantial, but it depends on the item.

Pricing 247

Pricing Design Startup Ideas 247

Both Sides of the Table

NOVEMBER 14, 2017

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. presented pricing challenges when compared to a whole new set of offline competitors we didn’t know well. were more distributed.

Startup 286

Startup Technical Review Custom Customer 286

socalTECH

DECEMBER 19, 2012

That's exactly what the software from Honey (www.joinhoney.com) does, by automatically helping users of Google's Chrome Browser to find and try out e-commerce coupon codes. People have been using our software for less than a month, but they've already saved over $75,000 using Honey. Ten or twenty seconds later, you have your answer.

Google 233

Google Pasadena Commerce Southern California 233

socalTECH

DECEMBER 26, 2012

Definitely Software as a Service (SAAS). We are going to see a real explosion in companies offering software for a subscription price. It is the number one reason why entrepreneurs have to pivot on their ideas and why small businesses fail quickly. You have to listen to your consumers and customers. SAAS is here to stay.

Southern California 168

Southern California High Tech SaaS Social Media 168

Both Sides of the Table

OCTOBER 17, 2009

With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. I think they definitely qualify as a VC and not a seed fund. I could definitely see that happening. The contra is also true. I told Sean Rad at Ad.ly

Seed Funding 283

Seed Funding Venture Capital Funding Software Review 283

Startup Professionals Musings

MARCH 2, 2015

Subscription pricing has been around for a long time for magazines, cloud-based software, and gaming, but now I’m seeing it used for just about anything, including for more stylish clothes via Mr.Conection , gourmet foods via TryTheWorld , and toys for your kids via SparkBoxToys. Front-of-the-line model.

Startup 106

Startup Custom Customer Netflix 106

Startup Professionals Musings

APRIL 21, 2011

Of course, you both need to have compatible smart phones with the software already downloaded. Here is the old standby low-end hardware-based solution, a simple business card scanner for $150, with software to synchronize the data with Outlook, Windows mobile devices and smartphones. Commercial software. CardScan Personal.

Technical Review 83

Technical Review Technology Software Review Social Network 83

Both Sides of the Table

APRIL 3, 2010

Because it is a “series&# I plan to get into some of the deeper complexities of funds such as “cross over funds&# and “why VC’s hate to price their own deals&# at a later stage. If you have several new investors looking at your company you’re likely to get higher price. I’m sure this happens, too.

Venture Capital 265

Venture Capital Seed Funding Pricing Invest 265

Both Sides of the Table

APRIL 26, 2016

If you acquire 10 customers a month at $100 per customer and this scales to 100 customers at the same price you may make assumptions about 1,000 customers that don’t hold. Enterprise software companies also should measure CAC even though it, too, is an imprecise science. This is how much you spend to get a new customer.

Metrics 150

Metrics Startup SaaS Course 150

Both Sides of the Table

NOVEMBER 3, 2009

So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach. That died with waterfall software development. Ditto for enterprise software companies. Usually in a tech / software startup 70-80% of your costs will be people. Do so at your peril.

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

Startup Professionals Musings

JUNE 24, 2016

Hone your definition of target customer demographics. Change competitive positioning and pricing to improve traction. Many high-margin, low-volume startups are forced to consider the price-volume tradeoff. Of course, a move on price also puts them in the realm of new competitors, including e-commerce vendors and big-box stores.

Entrepreneur 57

Entrepreneur Pricing Course Competition 57

Tech Zulu Event

APRIL 10, 2014

The bright colors and cute looks will definitely catch the eyes of children. The price point starts at $149 and comes with a six-month subscription at $4.95/month, month, a small price to pay for the safety of your child. The watch is obviously too small for adults, but perfect for kids ages three and above.

Startup 89

Startup HTML Pricing Organization 89

Startup Professionals Musings

JULY 27, 2014

Gone are the days of required $50K computer servers onsite, with big software license fees up-front. For example, if you have no technical background, you probably can’t create or sell an enterprise software product for a low price, even today. These steps alone can reduce your monthly burn rate by at least $10K.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

InfoChachkie

SEPTEMBER 24, 2012

When a business leader takes a definitive position on a contentious issue, they are guaranteed to anger and alienate a portion of their current and potential customers. The company paid the price for this rash decision, as its second quarter sales were down, causing the company's stock price to drop 15% in a single day.

Entrepreneur 203

Entrepreneur Email Sales RSS 203

Both Sides of the Table

OCTOBER 3, 2011

And when asked about the topic, I definitely don’t shy away from the topic as you can see in this 8-minute YouTube interview that Pemo Theodore asked me to do on the subject of Women in Entrepreneurship. million to launch a SaaS software company and we took $2.5 The infrastructure alone cost $2.5

Entrepreneur 341

Entrepreneur Venture Capital Startup Blogging 341

Tech Zulu Event

JUNE 6, 2011

ImTech: Yup, definitely taller, looks a lot slicker. Fred: Yeah, so first of all, so she’s open source every which way, not just software. Software-wise it has a Linux stack and a ROS system, but we take ROS to a whole new level, meaning, we’re doing two things with that. Fred: She’s taller [Laughs].

Pricing 85

Pricing Platform Santa Monica Software 85

Startup Professionals Musings

APRIL 24, 2016

Subscription pricing has been around for a long time for magazines, cloud-based software, and gaming, but now I’m seeing it used for just about anything, including for more stylish clothes via Mr.Conection , gourmet foods via TryTheWorld , and toys for your kids via Pley. Front-of-the-line model.

Startup 56

Startup Custom Customer Netflix 56

socalTECH

MAY 25, 2016

Jim Armstrong: It's broadly technology, from consumer Internet, to marketplaces, from Internet infrastructure to enterprise software. You'll see we have several enterprise software companies already in the March portfolio. Jim Armstrong: Things are definitely down, and valuations are down at the late stage fifty percent from 2015.

Southern California 113

Southern California Capital Funding Invest 113

Startup Professionals Musings

AUGUST 20, 2012

It’s definitely positive to have a product plan. For software, websites, and high-tech products, this is the “meat” of what you intend to build. Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Don’t get me wrong.

Product 92

Product Outsource Development Competition High Tech 92

Both Sides of the Table

JULY 16, 2010

One is the “denominator problem&# which says that if an LP invests X% (the denominator) into “alternative investments&# such as venture capital and if their total amount available to invest (the numerator) goes down by 30% then the amount they allocate to VC will by definition need to go down by 30% to stay the same percentage.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Startup Professionals Musings

APRIL 6, 2010

I found dozens of software packages available on the Internet for free download, or a nominal price. Yet my experience is that shareware software is usually worth what you pay for it. The scan hardware here is required for all software solutions. Commercial software. CardScan Personal.

Technical Review 48

Technical Review Technology Software Review Social Network 48

socalTECH

MARCH 12, 2013

Software-as-a-service companies write good software, and network companies build good networks, but rarely do you find both that do that well as the same time. That's something we're definitely going to consider and look at for the longer term, but we have no specific timeline. Those two typically don't go together well.

CTO Hire 248

CTO Hire Content Networking Web 248

Tech Zulu Event

DECEMBER 17, 2011

While it’s hard to place a price tag on security and privacy, the consumer study has found in general, 4 out of 5 consumers would spend more online if offered a more secure way to pay. These products included games, mobile apps, music, streaming media and entertainment, software, security services (e.g.

Mobile 68

Mobile Study Software Review Research 68

Startup Professionals Musings

MAY 29, 2011

It’s definitely positive to have a product plan. For software, websites, and high-tech products, this is the “meat” of what you intend to build. Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Don’t get me wrong.

Product 93

Product Entrepreneur Outsource Development Competition 93

Both Sides of the Table

AUGUST 14, 2009

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. I’m a software guy so I’m sure there are cases where building isn’t feasible. If you raise $500k at $1.5

Angel 291

Angel Funding Venture Capital Startup 291

SoCal CTO

MARCH 22, 2007

Where I use LinkedIn: * I definitely use LinkedIn for Specific Requests - Ex. I definitely check people out using LinkedIn. However, it definitely has served as a hub. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. Open Source Business Models, speakers for Web 2.0

Blogging 150

Blogging CTO Coach CTO Hire Southern California 150

Tech Zulu Event

JANUARY 8, 2014

With this, we had an opportunity to create a competitively priced product for the US market with a simple model.” Assuming connectivity and pricing are equal, there’s really no difference in the service you pick. “It’s a matter of adoption, but it’s definitely coming. The International Market.

Mobile 86

Mobile Startup Custom Customer 86

Both Sides of the Table

FEBRUARY 7, 2010

So sticking to my definition of “attributes for success&# it had to be my Top 11 +1 rather than a Top 12. We made lots of assertions about what features we thought people would want, how to price them and how to overcome the objections that people have to managing data in the cloud. Made ME laugh, anyways. Another example.

Entrepreneur 267

Entrepreneur Startup SaaS San Diego 267

socalTECH

JUNE 13, 2011

Our marketplace is organized like a used item marketplace, like Amazon or eBay, or Craiglist, in that a seller lists an item, picks a cause, and sets a price. James Chung: My previous background is in software engineering. It's just like Craigslist, except the money goes to support causes. Where did the idea come from?

UCLA 256

UCLA Startup Ideas Help 256