Startup Professionals Musings

OCTOBER 5, 2014

Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Exchanging your services for services is possible with legal counsel, accountants, engineers, and even sales people.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

SEPTEMBER 14, 2016

Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Gust

APRIL 27, 2014

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Not long after, the company was sold in a “fire sale” amounting to slightly less than the debt on the books. All investors, including the VC firm, lost everything.

Silicon Valley 97

Silicon Valley Burn Rate Angel Investor Down Round 97

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. pexels A war chest is virtually always a competitive edge in all aspects that count, including employing key staff, public relations, marketing, and sales. Hence they will miss the finish line.

Seed Stage 126

Seed Stage Technical Review Early Stage Due Diligence 126

Business Plan Blog

DECEMBER 10, 2013

The Milestones Angel Investors Care About. When raising pre-seed capital from friends, family, and founders (FFF) you’ll want to consider the milestones that Angel investors care about and be sure to raise enough capital to reach those milestones. Product Development.

Angel Investor 55

Angel Investor Intellectual Property Seed Capital Advisory Board 55

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). Typically, a VC can force a sale, or even block one.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Both Sides of the Table

MAY 27, 2013

In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more. In addition to helping manage the board Chris also helps represent the interests of the angel investors / common stock holders.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Both Sides of the Table

AUGUST 8, 2009

Traction can simply mean showing that you’re making progress with customers, product development, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. Unfortunately there is no real objective measure. VC’s are the same.

Technical Review 309

Technical Review Term Sheet Venture Capital Revenue 309

View from Seed

MARCH 24, 2021

” Below are our favorite pieces from the past few years, divided in to a few key categories: fundraising, company building, product development, industry trends, and the life of a VC. Mapping the Retail Apocalypse “The first thing that might be striking to some is what types of retailers actually have the most sales.

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

Up and Running

DECEMBER 22, 2015

Angel investors can teach you a lot about money, whether or not you’re seeking funding from them. I’ve seen this over and over in my dealings as a member of a local angel investment group. What we do at the Willamette Angel Conference is the rule, not the exception. We don’t just reject startups; we explain why.

Angel Investor 60

Angel Investor IRR Software Review Startup 60

YoungUpstarts

JUNE 24, 2014

You can double that number if you add the amount of money put up by Angel Investors. Angel Investors, VCs and entrepreneurs agree that the success rate for startup companies is dismal. According to the National Venture Capital Association , the amount of money that VC’s invested rose 8% to nearly $30 billion in 2013.

Startup 252

Startup Angel Investor Early Stage LLC 252

Feld Thoughts

NOVEMBER 18, 2013

They decide to go out and raise money on a convertible note – several angel investors have signaled interest in participating in the note and they don’t feel ready to pitch VCs yet. Fundraising goes better than expected and they quickly find themselves with a $750k round consisting of several VCs and a bunch of angels.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Startup Professionals Musings

MAY 4, 2014

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

Berkonomics

MARCH 30, 2010

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Silicon Valley 85

Silicon Valley Burn Rate Angel Investor Down Round 85

Duct Tape Marketing

APRIL 6, 2022

Look, if you work in sales, wanna learn how to sell, and frankly who doesn't check out the sales podcast, where host Will Barron helps sales professionals learn how to find buyers and win big business ineffective and ethical ways. See if the business model works, all these questions.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

Up and Running

FEBRUARY 6, 2017

Most VCs and angel investors are looking to invest in individuals that have a proven track record of prior success. After all, sweat equity can make up for a trim marketing budget, but it would be hard to make up for cuts in product development and customer service without sacrificing customer experience.

Sweat Equity 60

Sweat Equity Equity Sales PR 60

Startup Professionals Musings

JANUARY 12, 2013

Sites like KickStarter have for years offered rewards and pre-sales for crowd investments, but real equity won’t be legalized until sometime this year for people other than accredited investors. Super-angels. Minimum Viable Product (MVP).

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

Startup Professionals Musings

JANUARY 31, 2013

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Institutional Investors 230

Institutional Investors Angel Investor Bootstrapping Database 230

Version One Ventures

APRIL 6, 2021

2021 is proving to be an incredible year across our portfolio – from big funding announcements to significant product developments. This capped off an incredible month for them, with over $29M in total sales volume in March. contribution was made by various VCs and prominent angel investors to the Nexus Mutual foundation.

Portfolio 60

Portfolio SEC Common Stock Angel Investor 60

Small Business Force

SEPTEMBER 2, 2016

." In this time of great technological innovation, no matter how cool or dazzling a new product might be, at the end of the day, if ain’t solving a customer problem or addressing a customer need, nobody is buying it! As an advisor, mentor and sometimes angel investor, I get to see a lot of new products.

Search 30

Search Product Angel Investor Product Development 30

Startup Professionals Musings

SEPTEMBER 7, 2011

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 255

Startup Institutional Investors Angel Investor Bootstrapping 255

The Startup Magazine

JULY 16, 2018

Earlier this year at the FUND Conference in Austin, Texas, over 100 startups presented their early-stage companies in front of hundreds of investors and industry leaders. FUND is a national connector of entrepreneurs, VCs, angel investors, and industry experts with a focus on deal flow and making connections.

Startup 76

Startup Texas Angel Investor Mobile 76

Startup Professionals Musings

MARCH 11, 2013

Don’t wait for that first investor, the first prototype, or that first lawsuit. Incorporate your startup after the business plan, but before you spend a dollar on product development. In addition, corporations have quarterly filing requirements, and even monthly ones, if you collect sales taxes and hire employees.

LLC 234

LLC Nevada Delaware Limited Liability Company 234

Startup Professionals Musings

AUGUST 1, 2010

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 239

Startup Institutional Investors Angel Investor Bootstrapping 239

Austin Startup

FEBRUARY 7, 2012

Tango Health, the premier provider of Health Savings Account (HSA) management software and services, announced today that it has closed $4 million in Series B funding led by S3 Ventures and angel investor Mike Turner, founder and CEO of Waveset (acquired by Sun Microsystems). “Tango Health is transforming [.].

Angel Investor 59

Angel Investor Product Development Software Sales 59

Both Sides of the Table

APRIL 17, 2010

We’ll be conducting a series of educational programes covering: fund raising, team building, product development, sales, marketing, business development and how to prioritize your time as a CEO. But at the highest level they’ve created a marketplace for “flash&# sales. Watch this space.

Los Angeles 276

Los Angeles Stealth Securities and Exchange Commission Southern California 276

Growthink Blog

MAY 10, 2012

As Steven Covey said, you'll want to "begin with the end in mind" and not make arrangements with your angel and/or early investors that will complicate later stages of funding. Nevertheless, this is when you get the startup money to kickstart your business with the bare essentials needed to begin making and fulfilling your first sales.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

ReadWriteStart

OCTOBER 14, 2010

But you have, perhaps, heard less specific discussions on what angel investors are looking for. Well, some angel investors are looking for exactly the same thing as what VCs are looking for. In other words, these are angels looking for billion dollar opportunities as well. process in detail.

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

Up and Running

JANUARY 30, 2014

The sessions cover everything that goes into running our startup: raising venture capital, marketing, sales training, product development, technology decision-making, user experience, and user testing. In a few weeks, there will be an opportunity to pitch our company to angel investors and venture capital firms.

Incubator 105

Incubator New York City Venture Capital Startup 105

Steve Blank

SEPTEMBER 25, 2014

It wasn’t always perfect, but it was way more right than wrong, It informed our product development to a great degree and kept us working on more or less the right stuff. Which is why I had OEM sales as part of marketing—we had to earn our keep.). Angel investor Don Lucas had his office above ours.

Technical Review 333

Technical Review Venture Capital Software Review Database 333

Business Plan Blog

NOVEMBER 22, 2013

The use of your initial friends, family, and founders (FFF) capital should be directed towards achieving the milestones that will attract seed or angel investors (likewise, the use of your seed funding should be directed towards achieving the milestones that will attract Series A investors).

Intellectual Property 55

Intellectual Property Advisory Board Startup Seed Capital 55

Startup Professionals Musings

DECEMBER 14, 2015

As an angel investor, I certainly see continuing evidence that this phenomenon hasn’t changed much in the past couple of decades. Business experts recommend that entrepreneurs start their marketing first to confirm that they have real customer interest and an appealing product concept. Do both in parallel to be timely.

Technical Review 120

Technical Review Startup Angel Investor Social Media 120

Tim Keane

SEPTEMBER 18, 2006

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. In a lot of startups (especially good ones) the founder/CEO/leader is a customer-oriented sales person. After the idea/product/service is built, and the market mapped, the company begins to grow.

Harvest 60

Harvest LBO Investment Bankers Wisconsin 60

www.readwriteweb.com

OCTOBER 18, 2010

But you have, perhaps, heard less specific discussions on what angel investors are looking for. Well, some angel investors are looking for exactly the same thing as what VCs are looking for. In other words, these are angels looking for billion dollar opportunities as well. process in detail.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

But you have, perhaps, heard less specific discussions on what angel investors are looking for. Well, some angel investors are looking for exactly the same thing as what VCs are looking for. In other words, these are angels looking for billion dollar opportunities as well. process in detail.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52