Remove Invest Remove Pricing Remove Sales Remove Screening
article thumbnail

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up ā€œIā€™m Gonna Git You Sucka,ā€ 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?

Pricing 100
article thumbnail

Some Quick Thoughts on Exits for Technology Startups

Both Sides of the Table

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” So entry price matters a lot. So, too, does PR.

Startup 323
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Many Investors Should You Talk to in a VC Fund Raise? And How Do You Prioritize?

Both Sides of the Table

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. Somehow many first-time founders equate ā€œsalesā€ with something that is beneath them. an investment in your company.

article thumbnail

Why Most of Your Assumptions About Phone Calls are Wrong

Both Sides of the Table

All the data actually suggests with the growth of mobile, inbound sales calls will double from 30 billion to 60 billion in 3 years (source: Kelsey). It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. Much more data in the full post. Not so fast.

Email 339
article thumbnail

Donā€™t Cede Control: Why You Need to Cut out Middle Men in Negotiations

Both Sides of the Table

We had the final terms of our agreement fairly well boxed in within a range of about 5-7% on price and within 30 days on move-in date. I obviously preferred the lowest price and I wanted the latest move-in date. She told me, “start with the price you want but the move in date he wants.&#. I told my agent. She way annoyed.

article thumbnail

13 Red Flags To Avoid In Your Investor Funding Pitch

Startup Professionals Musings

At any rate, here is my own list of red flags, from my years of experience advising and investing in aspiring entrepreneurs, which cause me to lose interest and start looking for a way out the door: Omit the facts on key management team experience and skills. Sales projections are less than one percent market penetration.

Funding 98
article thumbnail

Embrace Losing ā€“ It Will Make You Stronger

Both Sides of the Table

Last year I lost a deal in a company that I wanted to invest in and that I thought I should have won. I’m not looking to invest there – I’m looking to understand the trends, the people, the innovation, the regions and how China can become an integral part of any of my portfolio companies as they scale.