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What price? I tapped my friends at big tech companies (Salesforce, Google, Oracle). The only way for a company to be overvalued is if there’s someone willing to pay that price. ” Therefore one goal of Y Combinator appears to be “get the highest price and best terms.” What kind of deals should I be doing?
What price? I tapped my friends at big tech companies (Salesforce, Google, Oracle). The only way for a company to be overvalued is if there’s someone willing to pay that price. ” Therefore one goal of Y Combinator appears to be “get the highest price and best terms.” What kind of deals should I be doing?
I’ve started writing up some of those sales & marketing lessons and I plan to continue to build that section out over time. They like a solid product, well defined pricing, good references to sell against, a clear quota and well defined competitors. Sales people will often blame your pricing.
I don’t write about LA but I write from LA. I prefer not to do any angel investments because I focus on my VC funds but it was gratifying to write some small checks to support local teams. I’d LOVE to see it become more of a national vehicle. How do we make that happen? It’s important.
It also means that the publisher (person writing the status update) can share in the monetization. Or if they do they should do so without raising venture capital so that they can still be acquired for reasonable prices. Often these were things that would make Salesforce more competitive vis-a-vis Oracle and Microsoft.
How will you price it and position it in the market? When you sit down to start working on a business plan, grab four blank sheets of paper and write the words Opportunity, Solution, Execution, and Outcomes across the top. Exactly what are you introducing into the marketplace that takes advantage of the opportunity you've identified?
Hipster-wannabes routinely wait in line for hours for the opportunity to buy exorbitantly priced drinks in an exclusive nightclub. Write this number down. Students expend small fortunes of their parents’ money to attend exclusive , private colleges. In this context, your Bro Foe is inclined to communicate a very large number.
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