TechCrunch LA

MARCH 23, 2021

The company aims to have its first product approved by European regulators by 2023 and notching commercial sales by 2025. Meatable has a long road ahead of it, because, as Gates acknowledged in his interview with MIT Technology Review (ed. ” For Meatable right now, price remains an issue.

Chief Technology Officer 261

Chief Technology Officer Technical Review Software Review Product 261

Startup Professionals Musings

OCTOBER 9, 2023

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

Technical Review 88

Technical Review Pricing Software Review Customer 88

Both Sides of the Table

DECEMBER 7, 2014

I spend a lot of time with startups and thus hear many companies talk about their approach to sales and their interactions with customers. Given customers & sales are the lifeblood of any organization you’d imagine everybody would respect their customers. Contrast that with a VC conversation I had. You can’t.

Customer 341

Customer Custom Venture Capital Software Review 341

socalTECH

DECEMBER 17, 2008

Aliso Viejo-based Buy.com is continuing to report good sales this holiday season, saying today that it has seen its revenues grow over 40 percent for the first 15 days of December, compared with 2007. Buy.com also reported that average customer orders are up by over 20 percent due to bigger purchases. READ MORE>>

Sales 100

Sales Software Review Report Sites 100

Startup Professionals Musings

JUNE 2, 2021

As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today. Features, availability, and brand are just the price of entry. The real challenge is to win massive consumer preference repeatedly.

Competition 142

Competition Software Review Social Media Customer 142

socalTECH

SEPTEMBER 1, 2020

Andrew spoke to us about TrackStreet's brand protection software and artificial intelligence efforts. Andrew Schydlowsky: We work with manufacturers of products, things you might use, the clothes you might wear, things you use around the house, things you use in the car, and what you buy in stores, and are now buying online.

Artificial Inteligence 140

Artificial Inteligence Startup Commerce Sales 140

Startup Professionals Musings

SEPTEMBER 13, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Startup 136

Startup Technical Review Equity Incubator 136

Both Sides of the Table

DECEMBER 27, 2011

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. Is it one product line or multiple? ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

NOVEMBER 14, 2017

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. How profitable is my product or service? As an early-stage VC I love this phase.

Startup 286

Startup Technical Review Customer Custom 286

Both Sides of the Table

FEBRUARY 26, 2012

” The post talked about how to find the lowest acceptable price & terms in a deal through testing. You’ve got to have some wiggle room on price and on terms. Your IT Reviewer. She got you to drop price and include more licenses for free. I think most of us feel this way, really. Wants their pound of flesh.

Development Team Review 293

Development Team Review Software Review Pricing Startup 293

Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Develop 70

Develop Development Product Startup 70

Startup Professionals Musings

FEBRUARY 7, 2015

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

Technical Review 108

Technical Review Pricing Startup Software Review 108

Both Sides of the Table

APRIL 26, 2016

profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). If you acquire 10 customers a month at $100 per customer and this scales to 100 customers at the same price you may make assumptions about 1,000 customers that don’t hold.

Metrics 150

Metrics Startup SaaS Course 150

Startup Professionals Musings

APRIL 28, 2021

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. With my software background at IBM, I’m well aware that technical early adopters value more and more features, and are able to deal with complexity.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Tips 104

Tips Startup Technical Review Equity 104

InfoChachkie

MARCH 16, 2016

However, they clearly have a long term impact on the customer’s overall satisfaction and thus their propensity to purchase additional products in the future. Startups do not always have the luxury to optimize their product for both buyers and users. Such product improvements must also be viewed through the eyes of the buyer.

SaaS 100

SaaS Startup Software Review Development Team Review 100

Startup Professionals Musings

APRIL 12, 2019

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

Startup 105

Startup Software Review Technical Review Social Media 105

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Startup 128

Startup Technical Review Equity Incubator 128

Both Sides of the Table

SEPTEMBER 28, 2014

We’re going to start aggressively spend money on marketing our product. 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%. We want a strong balance sheet (um, ok.

Startup 383

Startup Company Companies .Net 383

Tech Zulu Event

OCTOBER 11, 2011

I wanted to find out if the 3D effects were useful and people would enjoy playing with or was it just something to tack on to a mobile device to try and increase sales? We answer these questions and really dive into the LG 4G Thrill in our review below. Sporting a 4.3-inch Out of the Box the LG Thrill 4G runs Android 2.2 For the $99.99

Software Review 77

Software Review Screening Orange County Mobile 77

InfoChachkie

NOVEMBER 15, 2011

Government customers abundantly waste both of these assets by negatively impacting a startup’s cash flows while causing it to spend unnecessary time participating in laborious approval processes and elongated sales cycles. This is nearly impossible to quickly determine when the sales process is rigidly defined by arbitrary rules.”

Startup 207

Startup Outsource Development Software Review Sales 207

InfoChachkie

JUNE 30, 2014

Entrepreneur and noted investor Brad Feld unwittingly echoed Franks approach to marketing when, during a discussion with me , he declared, " …companies should… focus on building amazing products. If you have amazing products, the marketing of those products is trivial. Don’t tell me what you are, just be it and show me.”.

Marketing 193

Marketing Software Review Product Social Media 193

Both Sides of the Table

NOVEMBER 3, 2009

People mistook extra doses of Ajax for a successful product. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. I have seen really great product people espouse the death of the business plan. Do so at your peril.

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

Both Sides of the Table

NOVEMBER 25, 2010

I keep my competitors as friends and those that didn’t choose me or my product as friends, too. Looong Appendix (only for those interested in reading another story about losing a sale & key lessons): A personal story of losing a sale that haunted me for years. I later learned one of my biggest lesson in sales.

Outsource Development 333

Outsource Development Software Review Technical Review News 333

Both Sides of the Table

NOVEMBER 25, 2010

I keep my competitors as friends and those that didn’t choose me or my product as friends, too. Looong Appendix (only for those interested in reading another story about losing a sale & key lessons): A personal story of losing a sale that haunted me for years. I later learned one of my biggest lesson in sales.

Outsource Development 328

Outsource Development Software Review Technical Review News 328

Both Sides of the Table

MARCH 25, 2016

It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). billion in sales and thus controls less than 10% of the market. The top 5 players combined control less than 25% of the market.

Startup 150

Startup Marketing Study SEO 150

Startup Professionals Musings

AUGUST 31, 2018

These days, customers remember the total experience with a company longer than they remember the price they paid. This experience includes browsing your website, social media interactions, the sales process, as well as your support and follow-up. Expand your product line, staying close to the core.

Examples 67

Examples Customer Custom Software Review 67

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Startup 87

Startup Technical Review Equity Incubator 87

Both Sides of the Table

JUNE 22, 2011

But that doesn’t mean that people are paying rational prices as investors based on intrinsic value. Rational people can disagree and some may argue that today’s prices are rational and under-pinned by economic drivers. All of that might be true, but the 2006 price might still be over-valued. That’s fine.

Pricing 309

Pricing Marketing Startup Venture Capital 309

socalTECH

FEBRUARY 10, 2009

At the time, the firm was working on--but not talking about-- their next generation product, which the company announced yesterday. We spoke to Steve Pelletier , the firm's Founder and CEO, about the new product: Tell us a little bit about your new product? Because of that, the sales team is left with a data entry problem.

Advertising 127

Advertising Startup Sales Tool 127

Both Sides of the Table

NOVEMBER 19, 2009

I spent nearly a decade building software for large companies and then advising companies on the same. Most of them are completely mundane such as choosing which: bank, office space, 1-year lease vs. 2-year lease, logo, URL, pricing structure or which VC. Your head of sales thinks she should fire somebody.

Entrepreneur 414

Entrepreneur Technical Review Slides CTO Coach 414

Both Sides of the Table

FEBRUARY 7, 2010

I’ll publish the final post in this series this week and then move on to my next series – sales & marketing. I’ll be covering my PUCCKA sales methodology. When I first met the team in San Diego they had only been working on their software for 5 months. version of their product was.

Entrepreneur 267

Entrepreneur Startup SaaS San Diego 267

Tech Zulu Event

JULY 5, 2016

Selling new products, opening new markets outsourcing business functions and every other decision affects the bottom line. To increase the net income, management must raise prices, reduce expenses or use a combination of both. When the model is completed, software and machinery may be needed to execute the process. Automation.

Software Review 40

Software Review Technical Review .Net Outsource Development 40

Inverted Software

SEPTEMBER 5, 2017

Millennials are more educated about healthy choices, are price sensitive and environmentally friendly. So which companies are ones seeing the most change in their sales as a result of Millennials making more educated choices? sales falling 3.9 Overall, the company’s ecommerce sales totaled $2.01 percent in 2016.

Company 48

Company Companies Sales Education 48

Tech Zulu Event

FEBRUARY 18, 2016

Why tell someone about your product if you can give them a demonstration, and what better way to make that demonstration irresistible than to make it free? This is a great way to engage customers on a first visit and start working towards a sales follow-up. . Free Demonstration . ” This is true in business as well.

Sites 40

Sites Search Engine Optimization Technical Review Web Development 40

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Entrepreneur 105

Entrepreneur Startup Technical Review Equity 105

Both Sides of the Table

AUGUST 15, 2009

I keep my competitors as friends and those that didn’t choose me or my product as friends, too. I was working hand-in-hand with my close friend and associate Stuart Lander who was running our UK office and with one of our local sales reps. I later learned one of my biggest lesson in sales. Quite the opposite. I move on.

Startup 151

Startup Outsource Development Software Review Technical Review 151