article thumbnail

How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money. In many ways the fact that it has become so cheap to start a company and relatively cheap to raise angel/seed money that we as an industry have gotten lazy on basic planning. Incumbent Strengths & Weaknesses.

Startup 150
article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. They both raised angel / seed money of $1.5 The advertiser who bought the ads might pay the ad network in 60 days. ” Harsh, but reality. Both companies look the exact same after one year.

Startup 418
article thumbnail

Why you shouldn’t keep your startup idea secret

cdixon.org

Quite early on, you will be able to differentiate yourself – and having competitors help you grow the market can actually be a good thing. But it’s ultimately users who will determine if the market is ready for social media driven two way search and advertising. link] What’s the right amount of seed money to raise?

Stealth 68