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This is part of my ongoing series “ Start-up Lessons. &# If you want to subscribe to my RSS feed please click here or to get my blog by email click here. Imagine you pour 5 years of your life into your next gig and it starts to become successful. Starting with 25% is even harder. Not worth it.
Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication?
I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. What makes up revenue?
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.
In many instances, investors simply do not have the patience to wait for an entrepreneur to sufficiently clean up their deal once a significant issue is identified during the due diligence process. As such, make it easy for investors to unequivocally evaluate the veracity of your venture's IP.
Los Angeles-based Jukin Media (www.jukinmedia.com) thinks it has figured that out, and instead of trying to create viral videos, has been buying up the rights to those videos--before they really go viral--to create not just a one-hit, viral video wonder, but a sustainable business. What is Jukin Media? Can you talk about those businesses?
If you're FreedomPop , the Encino-based startup, you start by offering up free 4G wireless data access, and then expand to offer free, voice-over-IP services, along with home-based wireless Internet services. Currently, users pay up front for data packages, and there are inefficiencies in that market.
I recently wrote a blog post in which I pointed out that many investors & advisors discourage enterprise startups from having a professional services (PS) business and I think this is a big mistake. I think it’s important for enterprise startups to layer in professional services into your revenue stream. rollout support.
If you're an application developer, sending emails through your application can be a chore. Sendgrid started in Summer of 2009 at TechStars in Boulder, and we've now grown dramatically to 100 employees and 60,000 customers. Explain why someone would use your service, rather than set up your own email servers?
It’s hard to see this clearly when there are strong winds and when you can easily get swept up. Most of the Internet startup consulting firms went bankrupt. During the down market they were able to double down on recruiting, sales, outsourcing, new market entries and marketing (yes, with Tiger ads ). Ameet was right.
You don’t need many “bells and whistles” at this stage in the game, but you do want to set up a system that is easy-to-use and that is built to grow with you. Set up an accounts payable system. Ideally you’ll want to establish your credit guidelines, policies, and collection timeline before you start collecting your first payments.
Earlier this month, Los Angeles-based Catalog (www.catalog.cc), a startupdeveloping artificial intelligence software to help independent visual artists scale their content production efforts, announced it raised $1.5M That system allows us to arrange shoots and coordinate with contracted talent to produce that content.
You don’t need many “bells and whistles” at this stage in the game, but you do want to set up a system that is easy-to-use and that is built to grow with you. Set up an accounts payable system. Ideally you’ll want to establish your credit guidelines, policies, and collection timeline before you start collecting your first payments.
What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. For a well-funded A or B round company I have recommended “ leveling up ,” which entails many things but in summary I tell people to “act your stage.”
The system also does the sometime annoying job of tracking down parties, and follows up automatically via email, and finds people where they are. All of this legistlation sets up some guidelines for what those online agreements need to do to meet standards. They couldn't produce the original contract.
I often write about the best strategies for startup fundraising or how to manage startup financing and optimize for growth. Equally important, is an area many startup founders don’t always prioritize: choosing the right service providers and understanding the value they can bring, especially to early-stage startups.
As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Public relations at a startup is a sales process. “Learn from the mistakes of others. 2) Secure Your Intellectual Property Too Early.
This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Give up Branding. Serve up World-wide Distribution. A more complicated negotiating point involves IP that is created in the course of the parties’ collaboration. Deploy a Free Pilot.
For this morning's interview, we caught up with Elizabeth Cholawsky , the new CEO of Santa Barbara-based HG Data (www.hgdata.com), which develops software which helps marketers and salespeople understand the "technology stack" of their potential customers and prospects. How'd you end up at HG Data? So, I cam on board.
For this morning's interview with an entrepreneur, we spoke with Thomas Russell , the Ceo and co-founder of ETC Solar (www.etc-solar.com), a Los Angeles startupdeveloping technology to improve the efficiency and cost of solar cells. What is the most difficult technical challenge for your startup? What does ETC Solar do?
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