Remove Invest Remove Outsource Development Remove Patents
article thumbnail

Address the five risks to increase your valuation.

Berkonomics

Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk.

article thumbnail

10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. Early customers and contracts in progress add value.

Startup 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. Minimize investment in prototypes and tooling.

article thumbnail

Gene Dolgoff's 3D Vision: Using Crowdfunding To Turn the World 3D

socalTECH

Gene Dolgoff: After years of research and development, we have developed technology which converts two dimensional video to 3D. It was a series of different technologies we had ot develop and apply for patents on, and now that we have it, we're working on a prototype.

Startup 252
article thumbnail

Reduce five risks: Increase your valuation

Berkonomics

Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk. .

article thumbnail

10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” You need both to survive.

Product 169
article thumbnail

10 Job Titles Never Found in an Investable Startup

Startup Professionals Musings

What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. If your business is managing contracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.

Startup 97