Both Sides of the Table
MARCH 30, 2011
Facebook, Google) to a large market opportunity then you had better have enough resources to compete. We made mistakes ourselves that proved to us that you can’t make markets move faster than they inherently want to just by throwing more resources at them. I had been part of large, multidisciplinary teams.
Both Sides of the Table
JULY 14, 2010
Let me give you an example. If the people who wind up at your site are not high quality leads, you either piss people off by not responding to them or you respond and burn up your critical resources trying to be helpful to people who are not likely to convert to become customers. Similar with product features. I love that saying.
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InfoChachkie
MAY 19, 2011
Guard against a preclusion that would deny you from utilizing the IP developed during the course of executing the agreement. Craft terms which ensure you will not beholden to the BDC with respect to your ability to subsequently deploy and profit from jointly developed technology. I am not a lawyer and I never played one on TV.
Startup Professionals Musings
FEBRUARY 21, 2012
As a rule, you need to review your burn rate every month, and manage it every day. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.
Startup Professionals Musings
JANUARY 28, 2011
As a rule, you need to review your burn rate every month, and manage it every day. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.
Startup Professionals Musings
FEBRUARY 5, 2010
As a rule, you need to review your burn rate every month, and manage it every day. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.
SoCal CTO
FEBRUARY 13, 2013
Examples might be a recommendation engine, search engine, matching engine or something with a complex interface. Even with these, you will have paper-tested your MVP, but the reality is that customers will not be able to assess the value to them until they actually use it. Review the code being built.
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