Remove Angel Groups Remove Burn Rate Remove Hiring Remove Product
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5 Shark Tank Lessons Every Startup Should Understand

Up and Running

Investors like valuation to relate to actual business numbers, such as sales, gross margin (price less direct costs), and burn rate or fixed costs. I can take the money you want, hire some people, and become your competitor.” Scalability or leverage is easy to understand when you think about products compared to services.

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Why Co-Founders Are a Startup's Biggest Liability | The Startup Lawyer

thestartuplawyer.com

We entrepreneurs constantly try to refine our product or model, so it is only natural to think that we should refine ourselves. Who must be a co founder and who can remain a hired principal? When I find, and hire on options, the three perfect CEs/directors must I consider them co founders and treat them accordingly?

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How to Fund a Startup

www.paulgraham.com

Then you can gradually transformyourself from a consulting company into a product company, and haveyour clients pay your development expenses. To be a startup, a company hasto be a product business, not a service business. Infact, the more prominent the angel, the less likely they are tobelong to a group.