ReadWriteStart

JUNE 16, 2011

You can read more about Freshdesk on the 1M/1M Incubation Radar today. The company already has paying customers and a validated business model. You can also read more about Bizosys on the 1M/1M Incubation Radar today. They have an opportunity ahead to build a billion dollar company.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

Both Sides of the Table

MARCH 25, 2016

It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. And there’s this other thing called “gross margin,” which shows the quality of your revenue. How much ad revenue does TripAdvisor make?

Startup 150

Startup Seed Money DC Software Review 150

Steve Blank

NOVEMBER 18, 2016

Most often the first acquisitions in a hype cycle are for the “shiny objects” – the technology, the team and the tools. The irony is that the acquisitions made later in the hype cycle – when companies have built real products that customers want, are the ones that generate revenue and profit for the acquirer.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. And EVEN if you ARE an experienced entrepreneur, all but just a few VCs still want to see customer validation, business model validation and traction, before they will invest. Because customer financing equals revenue, not equity.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

MARCH 24, 2011

Additional work in figuring out the precise go-to-market consumer, academic institution, or enterprise - each is a different business), and consequent business model and pricing model will help enhance the company's valuation. His customer acquisition strategy, however, needs a lot of work.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

ReadWriteStart

APRIL 1, 2011

As for business model, Jigar wants to sell services like refilling cards. Our discussion today was around prioritization of the next few critical steps around customer acquisition and validation. 3gSimplified is a very early concept that has just launched, and the market feedback will be rolling in over the next few months.

India 119

India Guerilla Entrepreneur New Zealand 119

ReadWriteStart

JUNE 2, 2011

During today's roundtable, we worked with two entrepreneurs and also had a segment on our yearlong engagement with incubators around the world. The 1M/1M team has invested significant resources to engage with and understand the challenges of the Incubator industry around the globe.

Incubator 114

Incubator San Jose Silicon Valley India 114

Startup Professionals Musings

OCTOBER 5, 2015

Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. Seed-stage, meanwhil e, is technically that critical period when you need funding to do solution- and business-model development, to prove that your new product or service works, before you try to sell it to customers.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

ReadWriteStart

JANUARY 27, 2011

I have discussed at length why revenue sharing channel deals may serve as perfectly fine alternatives to raising equity (or even complements) because of their non-dilutive nature. Also, an Incubation Radar profile on CrowdEngineering explains more about this very, very cool company doing crowdsourced customer support. Brainscape.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Steve Blank

NOVEMBER 18, 2016

Most often the first acquisitions in a hype cycle are for the “shiny objects” – the technology, the team and the tools. The irony is that the acquisitions made later in the hype cycle – when companies have built real products that customers want, are the ones that generate revenue and profit for the acquirer.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Up and Running

MAY 4, 2015

Jackie Wu of Jackie, a company that makes flying security cameras and received funding after pitching an incubator, says: “The biggest thing is, you have to know what the problem you’re solving is and how your product/service will solve it. Explain your plan for customer acquisition. Describe your revenue model.

Technical Review 60

Technical Review Entrepreneur Software Review Houston 60

ReadWriteStart

MAY 3, 2011

and SEO as two of the most effective and affordable customer acquisition strategies. First up, Raj Sheth from Bangalore, India, presented Recruiterbox , a SaaS recruitment management tool for small businesses, with co-founders Raghu Kancherla and Girish Redekar. and an affiliate program would also help with customer acquisition.

Acquisition 115

Acquisition SEO San Francisco India 115

Steve Blank

FEBRUARY 12, 2015

We’re at 70 people, and we’ll do $40 million in revenue this year and should get to cash flow breakeven this quarter. ” In this first step, the goal of a startup is to search for a repeatable and scalable business model. It sounded like he was living the dream. I was trying to figure out why we were meeting.

Startup 120

Startup Lean Venture Capital Advisory Board 120

Steve Blank

DECEMBER 17, 2015

In the second stage, it moves into Investing, Inventing, Incubating and Acquiring technologies and companies, and in the third stage building product(s ). Academics, consultants, incubators. In exchange, the startups provide companies with their disruptive ideas, technologies and business models. Silicon Valley, Boston).

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. Typically, this caliber of bankers wouldn’t talk to you unless your company had five profitable quarters of increasing revenue. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

Steve Blank

AUGUST 5, 2010

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. Their capital needs are low at the front end. Lean Angels.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Both Sides of the Table

MAY 23, 2012

This has led to the creation of incubators, accelerators and seed funds. When I was graduated from university in 1991 it was only the really committed who eschewed the corporate world for creating tech startup businesses. The opportunity to transact at the point of purchase increases the sheer number of revenue opportunities.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We now have the tools, technology and data to take incubators and accelerators to the next level. We think we can do better.

Oakland 326

Oakland Incubator Lean Metrics 326

Seeing Both Sides

AUGUST 16, 2012

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. Henry Harteveldt, Forrester.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

Steve Blank

DECEMBER 8, 2015

Wants to promote intrapreneurship to extend its business model and retain creative employees like Google, Amazon, and Facebook do. Acquiring a growth-stage private startup can provide a faster ROI at lower risk than the acquisition of an early- stage startup. Will an Innovation Outpost provide results at the speed we need?

Silicon Valley 120

Silicon Valley Acquisition Boston Early Stage 120

maplebutter.com

JANUARY 8, 2013

I would focus on one product and set a goal to generate $1M in yearly revenue from it. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. I don’t have any formal business training and I actually think it’s served me well. Once you’ve done that – then.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Up and Running

MARCH 11, 2015

That moves into the customer acquisition strategy. This includes again another acronym I’m going to share, CAC, the cost to acquire a customer, the customer acquisition cost. Now you’re going to move into your revenue model. Okay, so now your revenue model, so this is—. Are you doing an acquisition?

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

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. a distributed, democratic model of capitalism. 1M/1M Program has a bold mission.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116