article thumbnail

Scientist.com Raises $24M for “Pharma Markets” that Outsource R&D

Xconomy

The company, which operates a network of online markets for outsourcing biomedical research services and supplies, has raised $24 million in a new round of venture funding. Founding CEO Kevin Lustig said Scientist.com will use the additional cash to expand its operations.

article thumbnail

Technical Advisors: Every Web/Mobile Startup Must Have One

SoCal CTO

And it made me come to a new realization: Every early-stage web/mobile/online startup should have at least one technical advisor, probably two. This is important whether you are outsourcing or building it in-house. This is exactly the kind of thing I'm doing as a Part-Time CTO or Technical Advisor for startups.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Hiring Developers Before Product/Market Fit?

SoCal CTO

The problem is you don't yet have product/market fit, and until you do, you don't really know what to build. These companies are very early-stage and definitely have not shown product/market fit. They need to determine product/market fit. In other words, they come in asking for help with sourcing and hiring. Far from it.

CTO Hire 205
article thumbnail

5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

For example, only a few people today still think of Amazon as an online provider of books and related goods, now that they have exploded their business world-wide into every product arena, added web services (AWS), television and film production (Metro-Goldwyn-Mayer), a bricks-and-mortar grocery chain (Whole Foods), and more.

article thumbnail

6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

Now you can do it for free, or a few hundred dollars, with one of the many web building tools available, like Shopify or Weebly. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Social media facilitates marketing and sales. Work out of your home, and keep your own books.

article thumbnail

Sales Kids With Grit – Web 2.0 Paper Routes

InfoChachkie

Other entry-level experiences for budding entrepreneurs included selling items marketed in comic book ads. The ad includes two coupons, under the heading “Mail One Coupon Today – Give the other to a Friend”, an example of old-school viral marketing. In bold print, the ad also states, “Send NO MONEY, We Trust You”. Alternatives.

Web 2.0 222
article thumbnail

White-label it: Make it ‘YOU’ inside.

Berkonomics

But, more often, this is just the virtualization of what we used to call outsourcing. On the web, not only does no one know much of who you are, but no one cares how you sourced your widgets. Yep: revenues of over $100 million per year with a market cap around $800 million. Really, that’s a business? Have an open mind.

Outsource 120