Remove Acquisition Remove Burn Rate Remove Hiring Remove Operations
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Are Business Plans Still Necessary?

Both Sides of the Table

and the subsequent acquisition sprees of companies like Google, Yahoo!, The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be. How many people will you hire in the first 24 months and in which sequence. Don’t know the running rate for engineers? 66% Net Operating Margins?

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Should Startups Care About Profitability?

Both Sides of the Table

If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth. Again, it depends.

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ProfessorVC: Burn Rate

Professor VC

The burn rates of my portfolio companies is certainly top of mind right now, but thats not what this post is about. Well, our VP Operations at Fliqz, Daniel Marcus , dabbles in creating writing and music when not managing our data center. Wednesday, July 22, 2009. Not yet anyway.Things may change by the end. 1 comment: DMZ.

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Ecommerce companies’ team requirements in the first six months

The Equity Kicker

Companies with lots of cash sometimes add people more quickly, but that drives the burn rate up, often without a compensating increase in the chance of success. Operational activities to support growth. Also, early hires should be capable of dealing with ambiguity and fuzzy role definitions.

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Your startup is loved locally, but how do you expand it globally?

The Next Web

Having a geographically strategic point of operations can flow on to other key factors that influence a startup’s expansion — the overall management of the new location, how it is viewed by consumers, and the level of generated exposure. At the end of the day, hiring the right talent can, in essence, make your company in the long run.

Global 60
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Buy a machine or buy the parts (creating vs. acquiring)

Eric Friedman

In the world of web startups, you can hire individuals and try to make the team hum, or you can buy an agile group that you know can perform. The issue is the premium you will pay for a fully functioning web startup team, but it may be worth acquiring a fully operational team that you know is going to produce what you want.

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Out of the Crisis #2: Mark Cuban on putting people first, the Dallas Mavericks, and what we'll want on the other side

Startup Lessons Learned

It's never selfish to hire. The customer acquisition costs are going down. I said, "Hire people. Hire them to do whatever you can find them to do." But this is not a standard operating procedure. So anything you can do to keep them hired, you just improved their sanity. It's never selfish to hire.

Dallas 68