Remove .Net Remove Cost Remove Networking Remove Seed Money
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

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. ” If you’re not profitable you’re purely a cost center to them. Cost of Goods Sold (COGS) =. Operating Costs.

Startup 418
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The Top 3 Financial Perks of Launching a Startup Company During College

The Startup Magazine

However, the beauty of being in college is that it’s a safety net. In return, you may be able to get your hands on some seed money for your college startup. Alternatively, there are organizations for student entrepreneurs for networking and startup cash injections. Low Costs . Young Presidents Organization.

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Should Startups Care About Profitability?

Both Sides of the Table

If you hire 6 senior 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 6 months. COGS” represents the amount that each sale costs you. They both raised angel / seed money of $1.5 Not necessarily.

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Which language should my startup use?

www.reincubate.com

Share this: net c# development django java language php software Were often asked by entrepreneurs which language their startups should adopt when developing their technology. These are Java (from Sun),NET (from Microsoft), and three Open Source options: PHP, Python and Ruby. Java stands alone from the four others.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

The numbers I’ve heard from most everyone is that only about 20 percent of companies that have gotten a seed round in the last year will be able to raise a Series A. I recently went to a networking event for one of the seed funds that invested in PandoDaily, and I’ve never seen such worry on the faces of the entrepreneurs.

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Entrepreneurs: The Funding Landscape Has Changed.

Berkonomics

You want to establish a relationship here to gain access to their network at a later date. Fees may seem high at first, but, on a total cost basis, these funding sources can appear more reasonable. Crowd Funding: The Internet is at work here, especially for obtaining early stager seed money.