socalTECH

DECEMBER 18, 2015

Los Angeles-based ZendyHealth (www.zendyhealth.com) thinks it has figured out a way to help both patients and doctors by helping connect patients to doctors and specific procedures, with upfront pricing. Explain what your startup does? It's an on-demand, name your own price service.

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Pricing Startup Demand Platform 100

Startup Professionals Musings

OCTOBER 16, 2023

Thus, financial projections for up to five years are a necessary element in every business plan. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Per the words of an old country song, “if you don’t know where you’re going, you will probably end up somewhere else.”

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Startup Pricing Sales Statistics 116

socalTECH

MARCH 26, 2015

Santa Monica-based HONK , the on-demand, roadside assistance app startup led by Corey Brundage, said this morning that it has raised $12M in a Series A funding round. Honk offer ups an online app, for either iOS or Android, where motorists in need of a jump start, tire change, lock out services, or fuel can request a tow truck.

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Demand Services Santa Monica Startup 100

InfoChachkie

APRIL 13, 2015

Avoid a simple pricing mistake which could sink your startup. Vendors often respond by discounting their prices at the 11th hour, in the hopes a lower price will spur a purchase. However, if you never offer price discounts to anyone, you can resist all such requests by deferring to your company “policy.”

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Pricing Startup Sales SaaS 100

Both Sides of the Table

SEPTEMBER 16, 2009

This post is part of my series “ Startup Lessons &#. Elephants, Deer and Rabbits – Some thoughts on start-up segmentation. I know that this advice won’t apply to every possible startup – but I think it applies to many. So when I started my first company I naturally went for elephants.

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Startup Customer Custom Resource 389

TechCrunch LA

AUGUST 30, 2022

Digital avatar startup Genies , known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.” An image of the Genies platform showcasing a fashion collection designed by creator Ian Charms. Image Credits: Genies.

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Geni Silver Lake Startup Platform 219

socalTECH

MARCH 10, 2016

Los Angeles-based on-demand, massage service Soothe has raised another $35M in funding to expand its service into more cities, the company said on Thursday. The company offers up flat rate pricing on massages, starting at $99.00 The company offers up flat rate pricing on massages, starting at $99.00

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Demand Riverside Services Startup 100

Startup Professionals Musings

SEPTEMBER 26, 2015

Most entrepreneurs looking for an investor can tell you how much money they need, but few have given much thought to what they are willing to give up for it. In very early startups, which have no valuation, the term sheet may specify a convertible note. A startup board of five or fewer members is optimal.

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Demand Startup Equity Invest 105

Both Sides of the Table

FEBRUARY 14, 2016

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. Most are sitting on large portfolios of private companies that are raising money now or will need to do so in the future and they know that they’re up against some headwinds.

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TechCrunch LA

MARCH 23, 2019

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. Uber too has lofty plans to develop a consumer aerial ridesharing business , as do several other privately-funded startups.

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Van Nuys Help Startup Google 279

TechCrunch LA

SEPTEMBER 7, 2020

Reducing consumption by expanding the notion of the rental economy and giving people access to tools and equipment has been something of a startup holy grail for some time. Rodgers O’Neil came up with the concept back in 2012 when she was working as a marketing executive for General Electric out of Boston.

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Startup Product Demand Los Angeles 285

Both Sides of the Table

JUNE 17, 2017

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!”

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Startup Venture Capital Sales Course 227

InfoChachkie

JANUARY 5, 2015

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

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Pricing Product Startup Customer 100

Both Sides of the Table

NOVEMBER 14, 2017

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Innovate In the early years of a startup there is a lot of kinetic energy of enthusiastic innovators looking to launch a product that changes how an industry works.

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Startup Technical Review Customer Custom 286

Startup Professionals Musings

MAY 29, 2022

In the old days, every entrepreneur planned on taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is finally up from the dead zone of the last two decades, and is now double the rate back in 1999. Startups going public are laid open to competitors and critics.

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Startup Report IBM IBM 98

socalTECH

MARCH 29, 2017

San Luis Obispo-based MINDBODY , the developer of cloud-based business management software for spas and the wellness services industry, has acquired Lymber Wellness , a startup that provides yield management and pricing software for class and appointment-based businesses. Financial terms of the acquisition were not announced.

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Technology Startup Class Pricing 100

Startup Professionals Musings

AUGUST 28, 2022

Employees and customers alike are looking for meaning, not simply employment and commodity prices. In all cases, the transformation starts with placing leaders with a purpose at the core, hiring talent with a purpose at the frontier, and then building and extending the culture of purpose both inside and outside the organization.

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Organization Startup Pricing Customer 143

Tech.Co

JUNE 28, 2021

Startup tech businesses used to land on the scene with big ideas about how their tech could change the world. However, in recent years, there have been precious few startups with such grand ambitions from an early stage. But the trend for world-changing mission statements is waning in the startup sphere.

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Startup Professionals Musings

DECEMBER 17, 2022

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. He has helped many companies with this problem, and as an advisor to startups, I see the same common themes leading to growth slowdowns. Prices begin to decline quickly.

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Startup Pricing Cloud Computing Customer 106

socalTECH

FEBRUARY 4, 2019

Techstars Music Accelerator , one of the startup accelerators that Techstars operates in Los Angeles, has named the latest startups to become part of its program, saying that it has selected nine startups for the latest program, which runs from February 4th through May 2nd.

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Class Artificial Inteligence Startup Entertainment 113

Startup Professionals Musings

SEPTEMBER 22, 2023

Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. It’s a tough job, and inexperienced entrepreneurs just don’t know where to start, and how to do it. Yet the average perception of customer experience has not improved.

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Competition Services Startup Training 99

Startup Professionals Musings

JUNE 5, 2021

In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. Supply and demand ignored. We all believe that supply and demand meet to create stable prices (reflexive). Cheap money.

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Demand Google Commerce Pricing 145

Tech.Co

APRIL 11, 2022

Starting today, they're going on strike for a week in protest of the price change, which they say is just the latest in a series of decisions that have squeezed the small-business sellers who depend on the Etsy platform to survive. The strike starts on April 11th — the same day that Etsy's transaction fee increase takes effect.

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Platform Startup Sales Pricing 136

socalTECH

OCTOBER 26, 2010

Santa Monica-based TrueCar , the car pricing startup headed by Scott Painter, has announced a new product today, focused on used vehicle pricing. The new service shows consumers a price distribution curve, so that consumers can see how a used car might sell for based on actual, marketing listing prices.

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Truecar Pricing Santa Monica Guide 154

Startup Professionals Musings

FEBRUARY 21, 2021

Most startups are happy to find any customer, and will hang on for dear life to every one. With the Internet, the days are gone when you could hide your key advantage, to keep competitors from catching up. Raise prices. If you really want to see bad clients run for the hills, raise your prices. Refuse to two-time.

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Customer Custom Startup Pricing 150

socalTECH

JULY 17, 2019

Thinkful , a New York company, says it has started accepting applications from people in Los Angeles for its "living stipend" program, which pays students $1500 a month to pay for things like rent, gas, and food while they take the company's technology training--in exchange for a portion of their salaries when they graduate. READ MORE>>.

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Technology Course Startup Training 183

TechCrunch LA

SEPTEMBER 21, 2021

And there’s also Root Insurance , an Ohio-based car insurance startup that uses smartpho ne technology to understand individual driver behavior. “The [Just] per mile price that a customer gets can change every month. It issued over 1,000 new policies in the second quarter, up “tenfold” compared to the same period in 2020.

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Startup Customer Custom Los Angeles 203

Startup Professionals Musings

APRIL 29, 2022

Start today with new customer acquisition efforts. Be prepared to create and train a dedicated support group that can keep up with your now large and growing install base of demanding customers. Customers suddenly become very price sensitive. Operational costs escalate as your business scales up.

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Marketing Pricing Startup Customer 110

Both Sides of the Table

SEPTEMBER 5, 2012

When convertible debt first started being introduced as a “faster, cheaper way to get startups funded” they didn’t have pricing built into them. ” And some seed stage investors told me, “I prefer not to fight over price now. They’ll get priced soon enough by a VC.”

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Startup Pricing Equity Venture Capital 354

TechCrunch LA

SEPTEMBER 21, 2019

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Startup Spotlight: Landline. IPO Update.

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Services Startup Venture Capital Redpoint 207

Startup Professionals Musings

JUNE 17, 2022

In my view, too many businesses fail, simply because founders give up too early. Starting many initiatives, and hoping that one will stick, is not a formula for success. You need other people with skills that complement yours, are not “yes” people, and have relevant experience rather than a low price-tag.

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Startup Competition Coach Satisfaction 143

Both Sides of the Table

MAY 30, 2018

VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals. As an entrepreneur it can feel as intimidating as going to buy a car where the dealer knows the price of every make & model of a car and you’re guessing at how much to pay.

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Venture Capital Pricing Startup Invest 324

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. The vast majority of those are nowhere up to modern codes.

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Startup Technical Review Invest Research 229

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!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

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Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

FEBRUARY 23, 2010

This is part of my ongoing series on startup advice but also filed under my sales & marketing posts. No advice I give will ever apply to 100% of companies, 100% of startups or even 100% of tech startups. By all means light up my comments sections with any cases you believe where this advice doesn’t apply.

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Startup Sales Marketing Product 293

Startup Professionals Musings

JULY 18, 2022

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. with demands for new products and services. An international brand will command higher prices and additional customer demand. Reinforce your brand in international markets.

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Patents Offshore Startup Demand 106

TechCrunch LA

SEPTEMBER 13, 2021

But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a big round of funding as it continues to grow. GrubMarket has snapped up no less than 40 companies in the last three years.

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Startup Platform Software Los Angeles 249