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Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding. Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations.

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PR Is A Passion Play That Cannot Be Outsourced

InfoChachkie

This is the approach many startups take when they communicate their story to the market. Rather than directly explaining their value proposition with all the passion and heartfelt stridency that only an entrepreneur can deliver, they outsource this communication to a Public Relations (PR) firm. Sound crazy? Thought not.

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7 Secrets To Bank Equity Funding Without Collateral

Startup Professionals Musings

Include any empirical evidence--including market research or technical analysis, if that's appropriate--in order to bolster your case about why you believe you will succeed. If you don't have a team on staff, then a banker is going to want to hear about outsourcing and advisors. An impressive team.

Equity 121
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Credit Key Gets $33.85M

socalTECH

Los Angeles-based Credit Key , a startup which helps e-commerce merchants offer up instant point-of-sale financing to customers, has raised $33.85M in its Series A funding. The funding came from Greycroft, Bonfire Ventures, Loeb.nyc, and other investors. READ MORE>>.

Commerce 113
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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. The problem is you don't yet have product/market fit, and until you do, you don't really know what to build. These companies are very early-stage and definitely have not shown product/market fit.

CTO Hire 205
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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Most consulting services, like marketing, are not scalable, since they must be delivered by experts, and cloning experts is slow and expensive. Outsource what is non-strategic to optimize leverage.

Tips 135
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Scientist.com Gets $24M

socalTECH

San Diego-based Scientist.com , a startup which operates a marketplace for outsourced research, has raised $24M in a funding round, the company announced Monday morning. The company's marketplace helps to connect large pharmaceuticals firms with smaller companies willing to offer up outsourcing of pharmaceutical research efforts.

Outsource 100