Remove 2009 Remove Bootstrapping Remove Business Model Remove Finance
article thumbnail

Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? How many are there?

article thumbnail

Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers. They charge $9, $29 and $59 per agent per month and I am eager to see bootstrapped, scrappy Freshdesk morph their pricing structure to aggressively compete with them. The company already has paying customers and a validated business model.

India 123
Insiders

Sign Up for our Newsletter

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

article thumbnail

ProfessorVC: Bootstrapping 101

Professor VC

Tuesday, March 10, 2009. Bootstrapping 101. I moderated a panel discussion last night on one of my favorite topics, bootstrapping, as part of our Silicon Valley Center for Entrepreneurship Eminent Speaker Series at San Jose State. They have a standard presentation on bootstrapping, which they present around the country.

article thumbnail

Top 40 Startup Posts for August 2010

SoCal CTO

Dec 26, 2009). Video From Business Of Software 2009: Building Great Software Businesses - OnStartups , August 23, 2010 Of the several conferences I attend or speak each at each year, my favorite is the Business of Software conference organized be Neil Davidson (of Red Gate ) and Joel Spolsky (of Fog Creek ).

Startup 191
article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

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? What matters is proving the viability of the company’s business model, what investors call “traction.&# April 14, 2009 3:09 PM Eric Santos said.

Customer 167
article thumbnail

The rise of the “successful” unsustainable company

A Smart Bear: Startups and Marketing for Geeks

After I sold Smart Bear, that division has increased revenue and profit every year, for five years, even through the 2008/2009 economic disaster. Note that some of those companies were bootstrapped, some bootstrapped and took money later, and some had huge funding from the start. But really, are all those acquirers so stupid?

IPO 240
article thumbnail

ProfessorVC: Crowdfunding - Good Idea or Really, Really Stupid.

Professor VC

in fees is a hefty transaction fee considering company will still have legal and other fees on the financing. ► 2009. (7). Bootstrapping 101. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. 7.5 - 10.5%

SEC 54