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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282
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Hit the hardest issues first!

Berkonomics

If sudden demand for a product takes management by surprise, having solved these key issues will remove the key barrier to ramping production and taking advantage of the opportunity. In an early-stage company, the key issue is most often finding the way to start the revenue flowing from services and sales. An example to make the point.

Examples 156
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7 Investor Term Sheet Demands Startups Need Not Fear

Startup Professionals Musings

Investors, on the other hand, look at the money figure, and even the equity, as the easy part. This is a loan with an option to convert to equity at a later date. For later investments, the price is equity, with a percentage of the owner stock to be assigned to the investor. Terms to prevent equity dilution relative to others.

Demand 105
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4 Key Components Of Every New Business Financial Plan

Startup Professionals Musings

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations.

Startup 116
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Switch your attention from product development to sales. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands.

Sales 147
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Make More, Work Less – Create A Veblen Brand

InfoChachkie

A Veblen good does not adhere to the traditional laws of price and demand. As shown in the accompanying graph, below a certain price, the price/demand dynamics are consistent with conventional products – higher prices result in a lower demand. Fashion companies usually ramp production, as demand increases.

Demand 160
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Two reasons to attack critical issues first.

Berkonomics

If sudden demand for a product takes management by surprise, having solved these key issues will remove the key barrier to ramping production and taking advantage of the opportunity. In a young company, the key issue is most often finding the way to start the revenue flowing from services and sales. Growth!'

Sales 166