ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

OCTOBER 21, 2010

At today's roundtable, we had some very interesting discussions on creative bootstrapping. I recently wrote an article on this topic, calling all EDA entrepreneurs to build $5 million to $10 million to $20 million cash businesses that are self-financed, bootstrapped, and built organically. Read EDA Entrepreneurs: Build To Enjoy.

Bootstrapping 113

Bootstrapping IP Silicon Valley India 113

ReadWriteStart

MARCH 17, 2011

He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

San Francisco 167

San Francisco Customer Lean Hockey Stick 167

VC Cafe

MAY 5, 2011

He was previously the head of R&D for F raud Sciences, which was sold to eBay/Paypal for over $160 million in 2008 , after proving the strength of their technology over the course of a weekend (the story is brought in detail in the excellent Startup Nation book). Klarna provides credit over the Internet.

Bootstrapping 94

Bootstrapping Algorithm Europe Mobile 94

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

After I sold Smart Bear, that division has increased revenue and profit every year, for five years, even through the 2008/2009 economic disaster. GroupOn’s engine that turned capital into revenue growth was a form of force-feeding rather than building a product). But really, are all those acquirers so stupid? Surely not.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Austin Startup

MARCH 20, 2018

Besides, getting into Y Combinator is easy: just be wicked smart, create a beautiful product, get millions of users, and build a revenue stream that grows 20% every month. If you remember 2008, you’ll know what I’m talking about. We were already making real newspapers real revenue?—?hard hard to argue with that.

Cofounder 48

Cofounder Texas Video Software Review 48

YoungUpstarts

DECEMBER 5, 2013

She partnered with Rett Clevenger who at that time was an online media manager for a large e-commerce site, to launch Steals.com in April 2008. The revenue in 2012 was $16.4 Being a completely bootstrapped company, Steals.com cannot offer its team the best possible pay. From 2008 to 2010, Mitra was a columnist for Forbes.

Silicon Valley 266

Silicon Valley Utah India Massachusetts 266

ReadWriteStart

SEPTEMBER 3, 2010

As a result, the expectation is that you have to figure out a way to get to some level of momentum on your own (by bootstrapping) or with small doses of angel money - "drip financing" so to speak. Such OEM deals may cost him 50% of his product revenue, but would be the fastest way to reach a large number of customers, nonetheless.

Channel 115

Channel India Bootstrapping Silicon Valley 115

ReadWriteStart

OCTOBER 28, 2010

And these pilots will pay for her early bootstrapping phase. In addition, I took Rohit through a discussion on a possible OEM strategy that could result in a significant revenue ramp relatively quickly. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. If possible, of course.

Partner 117

Partner Belgium Portugal Bootstrapping 117

Hippoland

DECEMBER 15, 2015

In late 2008, I was about to turn in my 2 week resignation at Google to start a company when Sequoia sent out a presentation to their portfolio companies. What is different between now and 2008? In 2008, raising money as a startup was brutal. It seems that every 8 years, money seems tight. In 2000, we had the dot com bust.

Seed Stage 48

Seed Stage Angel Investor Bootstrapping Startup 48

ReadWriteStart

OCTOBER 14, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

Startup Lessons Learned

JUNE 5, 2009

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

ReadWriteStart

APRIL 21, 2011

I presented my usual 1M/1M perspective on bootstrapping. Even if there were fleeting thoughts of being bailed out by investors, they have now been banished and we are focusing on bootstrapping and making the model work with customer money." From 2008 to 2010, Mitra was a columnist for Forbes. System-Sea.

Networking 115

Networking Partner Entrepreneur Bootstrapping 115

ReadWriteStart

APRIL 7, 2011

Also, the business is primarily on CD-ROMs right now, but the good news is that the CD-ROM product is selling and generating revenue. It could be a good business to bootstrap the social/mobile edutainment business with. The good news, again, is that this business is generating revenues.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stairstep Approach. Step 3: Recurring Revenue. Step 2: Rinse and Repeat.

Bootstrapping 41

Bootstrapping Technical Review SEO Revenue 41

ReadWriteStart

NOVEMBER 4, 2010

I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs.

Startup 113

Startup India Silicon Valley Incubator 113

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stair Step Approach. Step 3: Recurring Revenue. Step 2: Own Your Time.

Bootstrapping 36

Bootstrapping Technical Review SEO Revenue 36

Professor VC

JULY 31, 2008

Thursday, July 31, 2008. The artists received very little of album sales, but kept concert and merchandise revenue. The artists received very little of album sales, but kept concert and merchandise revenue. The artists had very few sales of albums, but gave a concert and commodity revenue. Bootstrapping 101.

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

ReadWriteStart

SEPTEMBER 30, 2010

I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs.

India 115

India Silicon Valley Incubator Bootstrapping 115

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stairstep Approach. Step 3: Recurring Revenue. Step 2: Rinse and Repeat.

Bootstrapping 27

Bootstrapping Technical Review SEO Revenue 27

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Rob Go

JANUARY 16, 2013

I went to Groupon to find the daily deal site has just launched a couple weeks prior in Boston, after running a few deals in CHicago in late 2008. Today, it was reported that Lynda raised $103M after bootstrapping itself to over $100M in revenue. Really impressive.

Seed Stage 38

Seed Stage Chicago Aggregator Bootstrapping 38

Austin Startup

MARCH 31, 2010

The current business model for expert consultants is a brick and mortar industry with revenues of about 1/2 a Billion dollars per year. In 2008, I decided to take this concept and implement it as a web site, so Molecular Thinking was born. GuruStorms has been completely bootstrapped thus far.

Elevator Pitch 63

Elevator Pitch Curation Vertical Business Model 63

Altgate

MARCH 8, 2009

Growth stage investors are usually the Series B or C investors who come in when the product is in the market but there is little or no revenue and the team is probably in the 20-something range with the goal to ramp it up to 40-50 employees with the new money, build out a sales team, etc. But some will be saved.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34

Tim Keane

APRIL 14, 2008

Always Make New Mistakes » April 14, 2008. Now, as their revenue grows substantially, its time to make the shift toward a more quantitative management environment. Now, as their revenue grows substantially, its time to make the shift toward a more quantitative management environment. Bootstrapping. October 2010.

Ireland 60

Ireland Wisconsin Forecast Sales Cycle 60

Software By Rob

SEPTEMBER 1, 2011

Who says a bootstrapped startup can’t succeed? Here are 10 bootstrapped companies that did it on their own with no outside funding. Looking back on their previous experiences working at startup companies, the founders decided to bootstrap their business in lieu of seeking outside funding. Startup #1: Goldstar. How’d they do it?

Bootstrapping 78

Bootstrapping Startup Cofounder Salary 78

Up and Running

APRIL 1, 2015

The idea [for BloomNation] was great […] but remember, the one thing they want to see is customers, and not just customers, they want to see revenue.”. Funding a Business BloomNation bootstrapping funding startup VC venture capital' The planning process and successful execution.

Venture Capital 60

Venture Capital Startup Cofounder Chicago 60

Professor VC

JUNE 20, 2011

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). While bootstrapping, there are multiple options from doing as a side project, changing the business, raising angel or venture, etc. Bootstrapping 101. ► 2008. (14).

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Professor VC

JULY 2, 2010

job existed for every $37,702 of venture capital invested from 1970-2008 Lets assume these statistics are true (of course that may be a leap, as my wise father-in-law used to say, "Figures Lie and Liars figure"). Bootstrapping 101. ► 2008. (14). Survey says VC's invest on Gut Instinct. ► July. (1). ► May.

San Jose 28

San Jose Silicon Valley Venture Capital Angel Investor 28

www.paulgraham.com

APRIL 28, 2010

August 2008 Raising money is the second hardest part of starting a startup.The hardest part is making something people want: most startupsthat die, die because they didnt do that. Bootstrapping (= Consulting) Some would-be founders may by now be thinking, why deal with investorsat all? Want to start a startup?

Bootstrapping 77

Bootstrapping Term Sheet Founder Startup 77

Professor VC

AUGUST 26, 2011

To that last one, there is certainly some truth as the standard time vs. revenue chart in most business plans looks like this: Im not teaching Entrepreneurial Finance this semester for the first time since Fall 2007. Does a complicated sales build model make sense for a pre-revenue SaaS company? I often do this in the revenue tab.

Silicon Valley 35

Silicon Valley San Jose Hockey Stick Venture Capital 35

ReadWriteStart

AUGUST 4, 2011

One of the discussions that ensued was about how to bootstrap a freemium venture. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Bootstrapping 124

Bootstrapping San Jose Entrepreneur Silicon Valley 124

rapidrollout.wordpress.com

OCTOBER 23, 2010

You’re asking someone to take a chance that with the code they deliver you can get funding or gain some revenue traction. You can add to it after you begin to generate revenue or find your investment partners, but if you can build it and launch it cheaply, you’ve kept the concept simple and got your project off the ground.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

dondodge.typepad.com

JANUARY 15, 2011

from David Dalka - Creating Revenue and Retention - Chicago GSB MBA As discussed in my recent post about a TiE event on Chicago start ups, there are many factors to consider when taking in funding and employees. In that case, VC money is used mainly for "acceleration" and not for bootstrapping. Most startups fail.

Equity 40

Equity Employee Dilution Valuation 40

Duct Tape Marketing

DECEMBER 14, 2017

In 2008, and 2009, we were really starting to grow. In 2011, before we sold the business, we had a business that was making $30 million a year in revenue, but we’ve never raised any capital. Matt Watson: Well, our original goal was to raise capital. We were really hitting our stride, but that’s when the economy went south.

Kansas City 39

Kansas City CTO Hire Las Vegas Software Developers 39