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Maybe at the time I was thinking I had to get tougher with my investment decisions; I hadn't made any money investing in high-tech startups, how could I invest in a company focused on society's transportation challenges with an emphasis on bicycles, of all things?
Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's hightech community. We'll be posting these throughout the next two weeks. Today, we have Nick Hedges, CEO of MomentFeed (www.momentfeed.com). You will be able to get to all of these posts on our 2020 reflections here.
Tech-focused service that solves complex problems. The customer experience is a function of satisfaction with both the service, support, and usability of complex products. Companies in this realm typically are thought of as services business, even though they may offer product components as well. It’s a recipe for disaster.
For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive.
For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive.
The fifth one was a high-buzz, high-tech play with lots of big-name angels, and we eventually brought in a rock star CEO and a major VC followed us in with many millions. My fourth investment, and the first one I led, was into a mobile applications company, which was also ahead of its time and never truly understood its market.
For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive.
There has recently been a common theme among the entrepreneurs I have interviewed and the conferences I have attended: despite the relatively weak state of the world economy, now is a great time to create a high-tech startup. The bargain that yields mutual satisfaction is the only one that is apt to be repeated.”.
Freemium 101: Customer Conversion - Venture Chronicles , November 18, 2010 At Get Satisfaction we have had a freemium model from day 1, at then it was just free, no premium offerings existed so we’ve lived through a couple of key transition points and now are optimizing a model we know works. Keep going. Keep going. Vision Needs Traction.
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