Remove IP Remove Seed Funding Remove Software Review
article thumbnail

The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

A receiver thin enough to be a sleeve on a phone and small enough in surface area requiring the right materials (they can transmit & receive with devices thinner than 5 millimeters), Precision tracking software so they can focus the sound beam to concentrate the sound wave exactly to your receiver and avoid inefficiencies of diffusion.

article thumbnail

The Long-Term Value of Loyalty

Both Sides of the Table

But in these years I learned how to sell software – necessity is the mother of all invention. But in our first year of sales (and those were really shitty years to be selling software) we sold $2.1 I learned how to do a pipeline review with sales people without getting bullshitted to. I never built Google.

Startup 285
article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%. Many software companies have > 80% gross margins which is why they are more valuable than say traditional retailers or consumer product companies.

Startup 383