article thumbnail

Revenue Development

K9 Ventures

We really were doing the i-thing before Apple came out with its first iMac in 1998. In the end the revenue simply wasn’t enough to make a sustainable business and so we had to switch gears once more (in today’s parlance that would be a “Pivot”). I tell these stories to lay the groundwork for what I am going to call Revenue Development.

Revenue 72
article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

In 1998, a few years after launching, the company got a $200,000 SBA-guaranteed loan. Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations. iRobot — From robots to riches.

Columbus 134
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why India Will Become The SaaS Hotbed Of Tomorrow

YoungUpstarts

All the ingredients for Indian SaaS dominance are here: From producing some of the world’s best developers to competing on cost and producing quality products of global standard. Today, more than one-quarter of all software revenue is derived from the SaaS model, and it is growing twice as fast as traditional software growth.

India 113
article thumbnail

3 Personal Injury Lawsuits With the Biggest Settlements

The Startup Magazine

In 2022, the revenue generated by the legal industry from personal injury cases reached USD 59.90 For instance, people who smoked tobacco regularly developed cancer, heart disease, diabetes, tuberculosis, etc. Thankfully, multiple studies and reports proved that smokers had an increased risk of developing health issues.

Cost 117
article thumbnail

Gust Blog - Thoughts on startups by investors that fund them

Gust

And in January I saw that digital music overtook physical media for the first time in 2011, something I expected since 1998. I bought the Diamond Rio mp3 player in 1998. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Startup 180
article thumbnail

Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. First to develop or patent an idea. In 1998 Goto.com , a small startup (later Overture, now part of Yahoo ! ), created the pay per click search engine and advertising system and demo’d it at the TED conference.

article thumbnail

Organization That Failed to Innovate – Avoid Their Fate

ReadWriteStart

Rental subscriptions and late fees were the main drivers of revenue for the organization. Blinded by its advertising revenue , Yahoo let customer experience take a backseat. In 1998, Google founders were ready to sell it to Yahoo for USD one million — but Yahoo refused the opportunity. Application Development Activity.