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Praying to the God of Valuation

Both Sides of the Table

There was no money train. There were startups and a software industry but barely. Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. It was 1991. We still loved every moment. Until we weren’t.

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Educational Insights Launches Coding Robot

socalTECH

Gardena-based toy maker Educational Insights said this morning that it has launched a new product, a "coding robot" which is designed to help kids learn how to write their own software. According to the company, its new robot, Artie Max, helps kids learn five coding languages (Blockly, Snap!,

Education 113
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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

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Entrepreneurs Can Thrive on Services or Products

Startup Professionals Musings

You don’t need to invent an innovative product to be a real entrepreneur. They are not the generalists required for new product startups. Writing specialists. With information technology (IT) and requirements changing so fast, it’s definitely cheaper to find specialists rather than hire young employees and train them.

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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

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Interview with Jimmy Hendricks, Deal Current

socalTECH

Jimmy Hendricks: Our lead product is a white label, daily deal product. We've got three core product centers; the online contests that drive traffic, the daily deals that drive revenue, and then we are also looking at a marketplace product for online communities that want to sell deals, but don't want them as daily deals.

Platform 263
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My Thoughts on the Current Market: on 20-Minute VC

Both Sides of the Table

Nobody will be immune because in a bull market executives are paid to “innovate” so they sign software contracts and run projects. It takes time to sell in your software, get it implemented, prove the value, build a business case, gain executive support and then roll it out more broadly. What Do You Need to Prove to Raise an A Round?