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Praying to the God of Valuation

Both Sides of the Table

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. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. We had nascent revenues, ridiculous cost structures and unrealistic valuations.

Valuation 466
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5 Most Successful Products Ever and What Small Businesses Can Learn From Them

crowdSPRING Blog

When planning your next product, the less you leave to chance, the better. And while you can never guarantee a successful product launch, you can vastly improve your odds if you prepare properly. You need to know what a successful product looks like if you want to chart a course to get there. iPhone (2007).

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How Much Does Business Internet Cost On Average?

YoungUpstarts

A 2007 poll concluded that 20% of all businesses would go out of business without the internet. People wouldn’t be able to work remotely, labor costs would be much higher, and it would be more expensive to get new customers. How much does business internet cost? How Much Does Business Internet Cost?

Internet 147
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Marketing and Growth Lessons for Uncertain Times

ConversionXL

Yet in expansionary periods, successful leaders spent significantly less on [selling, general, and administrative costs] than did their former peers. A focus on cost cutting—every decision is viewed through a loss-minimization lens. As the authors found, “Firms that cut costs faster and deeper than rivals don’t necessarily flourish.

Marketing 121
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Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs

www.forentrepreneurs.com

Blog About Log in Register Startup Killer: the Cost of Customer Acquisition In the many thousands of articles advising entrepreneurs on what they have to focus on to build successful startups, much has been written about three key factors: team, product and market, with particular focus on the importance of product/market fit.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000.

Burn Rate 383
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Small business startup kit for 2007 – mostly free!

BeyondVC

As I started thinking about his question, I remember what it was like setting up our office in 1998 and the headaches and cost of buying a Nortel phone system and phones and hiring a Microsoft networking expert to get our office set up for file sharing, back up, and email. Productivity – Microsoft Office. What a nightmare!