Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. SM: In September 2008, when the first Entrepreneur Journeys book was released, D.D.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

ReadWriteStart

OCTOBER 7, 2010

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. The same applies to Malaysia, where our partner, the MAD Incubator, is in search of 10 good deals to put through the 1M/1M program. From 2008 to 2010, Mitra was a columnist for Forbes.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

ReadWriteStart

NOVEMBER 3, 2011

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. From 2008 to 2010, Mitra was a columnist for Forbes. Statisco Economic Analytics.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

ReadWriteStart

SEPTEMBER 16, 2011

Siddhesh has already validated his business and is catering to home buyers, sellers, and brokers, generating revenues from advertising and sponsorships as well as brokerage revenue sharing. As I keep reiterating, 99% of the businesses that go out for financing get rejected. From 2008 to 2010, Mitra was a columnist for Forbes.

Brazil 115

Brazil India Entrepreneur 115

ReadWriteStart

SEPTEMBER 16, 2010

Sequoia has financed them. 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.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

MARCH 24, 2011

The discussion today was around Social Media financing and go-to-market strategy. 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.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. Since the financial crisis of 2008, policy makers have kept interest rates at near zero, flooding the market with cheap money in an attempt to restart growth. But they have also stacked the deck against investment in long-term innovation.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

ReadWriteStart

APRIL 7, 2011

At this week's One Million by One Million roundtable, we announced a very important partnership with MAD Incubator, Malaysia for entrepreneurship development in the region. This is our first major partnership with an incubator whereby MAD will adopt the 1M/1M methodology to foster Silicon Valley-style technopreneurship in Malaysia.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

David Teten

SEPTEMBER 5, 2014

Like many established finance & media companies, GLG knows that the tech startup sector is a growing part of the economy. This is particularly true in New York, where their traditional financial services industry client base has sustained significant damage since the 2008 financial crisis.

New York 114

New York Technical Review Networking Advisory Board 114

pandodaily.com

NOVEMBER 29, 2012

I’ve been hearing about the so-called Series A Crunch for at least six months, and in recent weeks, I’ve spoken with more than 20 venture capitalists, angel investors, incubator heads, lawyers, and other necessary cogs in the ecosystem trying to get some details about it. Those numbers are likely conservative. November 29, 2012.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

ReadWriteStart

AUGUST 11, 2011

During this week's roundtable, we started off by discussing the pre-incubation procedure we are recommending with audience members from different parts of the world. This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system.

Silicon Valley 105

Silicon Valley Columbus Ohio Incubator 105

ReadWriteStart

OCTOBER 28, 2010

All this, could, potentially, be done without external financing. And along the way, if necessary and appropriate, she can raise financing with a vastly more validated business. At this point, financing discussions are premature and are likely not to yield success. If possible, of course.

Partner 117

Partner Belgium Portugal Bootstrapping 117

ReadWriteStart

OCTOBER 13, 2011

You then become dependent on outside financing, and that is a slippery slope. It is much better to grow organically with revenue. In 1M/1M premium, we do invest in certain companies on a revenue sharing basis and create channel partnerships with one or more of our partners. From 2008 to 2010, Mitra was a columnist for Forbes.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

ReadWriteStart

JULY 21, 2011

Earlier, of course, we covered AngelList at length , also a crowd sourcing venture in the angel financing space, and this week, we have covered SecondMarket , which is powering Facebook's private market capital raising. From 2008 to 2010, Mitra was a columnist for Forbes. peerbackers.

Affiliate 130

Affiliate San Francisco Entrepreneur India 130

ReadWriteStart

JUNE 30, 2011

The site has 11 million page views a month, and Jeu expects 2011 revenues to be about $250k. Jeu is trying to figure out his financing options, and the majority of the discussion today was around target market, product roadmap, and monetization models, which are the factors that would drive investment strategy.

India 115

India Entrepreneur Silicon Valley 115

ReadWriteStart

SEPTEMBER 30, 2011

It is, however, too early for financing. 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. StyleShop247.com.

Poland 126

Poland Argentina Oakland Entrepreneur 126

ReadWriteStart

AUGUST 4, 2011

However, how do you get to critical mass, and how do you finance the period during which this business runs on red ink? How much time do you budget for red ink financing? Whichever direction you go, please do not assume that some VC is going to finance you during this phase. How long can you go without a salary?

Bootstrapping 124

Bootstrapping San Jose Entrepreneur Silicon Valley 124

ReadWriteStart

NOVEMBER 4, 2010

Benson's business needs $500,000 to get off the ground, buy a machine, and meet the operating expenses, and he primarily came to discuss his financing options. My assessment is that this is not a traditional venture financing type deal. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

Startup 113

Startup India Silicon Valley Incubator 113

ReadWriteStart

OCTOBER 14, 2010

At today's roundtable we had some intensive discussions around market sizing and its impact on financing. 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.

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

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

MAY 26, 2011

Adam needs a crash course on financing and should go digest the 1M/1M curriculum module on that topic ASAP. From 2008 to 2010, Mitra was a columnist for Forbes. Finally, we had a discussion on Adam's proposal to sell 20% of his equity for $50,000, which I thought was preposterous.

Affiliate 117

Affiliate India Nevada Silicon Valley 117

ReadWriteStart

MAY 4, 2011

Manoj is experiencing a long sales cycle of close to 12 months, but he has already created a sustainable company that has revenues and profits. He is exploring outside financing, but my concern is that unless the growth rate accelerates, this particular business may not fit the venture model.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

ReadWriteStart

NOVEMBER 17, 2011

Nonetheless, in the last couple of years, the flow of first-time entrepreneurs who come out with the misconception that Entrepreneurship = Financing has not abated. Folks, please understand a simple point: Business schools, when they teach you entrepreneurship, teach you about financing.

Early Stage 116

Early Stage India Entrepreneur Silicon Valley 116

ReadWriteStart

OCTOBER 21, 2010

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. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. Read EDA Entrepreneurs: Build To Enjoy.

Bootstrapping 113

Bootstrapping IP India Silicon Valley 113

Gust

NOVEMBER 4, 2011

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. The cap is irrelevant if the next equity financing is at a valuation below the cap amount.)

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

mashable.com

NOVEMBER 3, 2010

Ted Serbinski: Angel investor Ted Serbinski sold his startup MothersClick to Lifetime in 2008 and joined the cable network as CTO of the ParentsClick Network. He goes on to add, “Having revenue is even better, though not applicable to every startup … Passion, skill, vision and maturity really matter.&#

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80

ReadWriteStart

SEPTEMBER 8, 2011

I advised him to get a couple of banks to finance the development of his solution as service projects, with the understanding that he will build a product out of them. From 2008 to 2010, Mitra was a columnist for Forbes. Easy as it may sound, this is a very complex process, fraught with regulatory issues.

Entrepreneur 124

Entrepreneur India Intellectual Property 124

ReadWriteStart

DECEMBER 8, 2011

I can say this with confidence based on my first hand experience mentoring a number of serious and promising Indian product entrepreneurs in the 1M/1M program, one of which, Freshdesk, has just raised financing from Accel Partners. From 2008 to 2010, Mitra was a columnist for Forbes.

Greece 116

Greece Entrepreneur India Silicon Valley 116

ReadWriteStart

SEPTEMBER 30, 2010

He is looking to raise money now, but I must say, his financing strategy made me cringe. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series.

India 115

India Silicon Valley Incubator Bootstrapping 115

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. So, please note the TAM Analysis is a vitally important aspect of building any financing strategy. You can register for the next roundtable here.

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. So, please note the TAM Analysis is a vitally important aspect of building any financing strategy. You can register for the next roundtable here.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Seeing Both Sides

SEPTEMBER 15, 2015

As a result, tech-sector employment has declined as a percent of the workforce, from 11% in 2006–2008 to 9% in 2013. To answer these questions, we built a database of 112 Israeli companies founded between 1996 and 2013 that have met or exceeded $20 million in revenue. That’s disappointing for a country with so much potential.

Cofounder 20

Cofounder Technical Review United States 20

Up and Running

APRIL 1, 2015

From 2005 to 2008, I was one of the top five poker players in the world, so if you have an asset like that, and there happens to be a poker tournament half an hour away, and you happen to need the money, it’s like all the stars kind of align, right?” The three decided to pool their finances and take a risk. says David.

Venture Capital 60

Venture Capital Startup Cofounder Chicago 60

dondodge.typepad.com

JANUARY 15, 2011

It isnt always possible to have a competitive bidding situation at each financing round so here are some guidelines for funding sources and percentages. Friends & Family can usually raise between $30K and $300K and usually take an interest bearing note that is convertible into stock at the next financing. 5% Managers -.25%

Equity 40

Equity Employee Dilution Valuation 40