YoungUpstarts

NOVEMBER 12, 2020

Many startups are already tech-based, and the tech they use can help them connect with consumers and make sales online. NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Shelter-in-place orders have left many startups lacking ways to interact with customers.

Bankruptcy 154

Bankruptcy Startup Agile Technical Review 154

The Next Web

AUGUST 26, 2012

Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011. One person cannot be the best lawyer, product developer, finance person, user experience designer, visual designer, business developer and sales person all at once.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

Hearpreneur

OCTOBER 31, 2021

Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. I love how Tesla's sales are skyrocketing now, though, after seeing it go bankrupt 10 times!

Entrepreneur 115

Entrepreneur Software Review Las Vegas Bankruptcy 115

The Startup Magazine

AUGUST 25, 2019

I spoke with experienced Philadelphia bankruptcy attorney David Offen, Esq. who let me know about some general pros and cons of filing bankruptcy for a business. First, what is Chapter 7 business bankruptcy? Creditors frequently object to discharge or to sale of assets. First, what is Chapter 11 Business Bankruptcy?

Bankruptcy 75

Bankruptcy Cram Down Philadelphia Operations 75

The Startup Magazine

MARCH 31, 2023

As a result, being unaware of regular expenses can lead to overspending, cash flow problems, and even bankruptcy. For instance, if you are unaware of your business’s daily sales, you cannot identify a drop in sales at the right time. To get started, you can create a system for tracking your daily expenses.

Management 97

Management Software Review Finance Bankruptcy 97

Steve Blank

MARCH 15, 2017

His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. I had taken the job of VP of Marketing in a company emerging from bankruptcy. Drive that demand into our sales channels. Educate our sales channel(s). All good news.

Startup 310

Startup PR Public Relations Channel 310

The Startup Magazine

MAY 11, 2020

By doing so, you can focus on improving productivity and sales. Boost Sales and Revenue. Increasing sales and income in your business is a sure way of reducing the impact of pending unpaid debt you may have. Photo by Tyler Franta on Unsplash. Use Personal Loans to Consolidate Debts.

Software Review 105

Software Review Small Business Management Bankruptcy 105

Startup Professionals Musings

MARCH 12, 2021

Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. What you don’t need is a buyer dealing directly with your landlord to get your key asset, leaving you with no leverage and minimum value for the sale.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. Consistently support your brand during a down cycle to gain higher sales, and make sure to give back or share when your business is booming. Why are you rebranding your business?

Technical Review 134

Technical Review Software Review Bankruptcy Equity 134

Hearpreneur

SEPTEMBER 9, 2022

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 92

Entrepreneur Bankruptcy Southern California South Africa 92

This is going to be BIG.

MARCH 16, 2020

The answer, unfortunately, was to declare bankruptcy. If you are a turnaround, bankruptcy or private equity investor and have questions about the sale process, you can e-mail me at charlie@brooklynbridge.vc. This is what happens when you deal with investors that aren’t professionals.

Bankruptcy 95

Bankruptcy Private Equity Seed Stage Dilution 95

YoungUpstarts

SEPTEMBER 27, 2017

by Larry Light, CEO of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 118

Private Equity Bankruptcy Technical Review Leadership 118

YoungUpstarts

OCTOBER 5, 2017

by Larry Light, Chief Executive Officer of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 104

Private Equity Bankruptcy Technical Review Leadership 104

The Startup Magazine

JULY 1, 2019

With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. With just simple accounting software, you’ll be able to: Track sales and expenses. Image Credit: Ross Williamson | Flickr. Generate invoices. File tax reports.

CPA 70

CPA Software Review Bankruptcy Early Stage 70

Up and Running

JUNE 21, 2021

This led to iRobot’s sale of more than 4,000 PacBot robots that perform perilous missions (like bomb disposal) in support of soldiers and first responders in combat. Since then, more than $30 million in SBIR funds have enabled iRobot to conduct 33 research initiatives to develop new sensors and other robot capability enhancements.

Columbus 134

Columbus SBA SBIR Utah 134

Both Sides of the Table

APRIL 26, 2016

profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). Poorly calculated LTVs can become BVs (bankruptcy values). Gross margin positive != The reason one would accept losses is when they are investments in fueling faster growth.

Metrics 150

Metrics Cost Acquisition Startup 150

YoungUpstarts

JULY 21, 2019

Why are there so many digital commerce companies which can challenge large traditional retailers and even force them into bankruptcy? The campaign serves not only as a mean to raise capital, but also as a strong market validation and as an excellent sales channel. finalized before the crowdfunding campaign.

Cofounder 104

Cofounder Technical Review Technology Netherlands 104

Both Sides of the Table

JUNE 27, 2021

They sold 2 years later for $16 million In the financial crisis of 2008 we had a company that had jointly hired lawyers to consider a bankruptcy and also pursued (and achieved!) the sale of the company for $1 billion. It was ~30 days from bankruptcy.

Bankruptcy 294

Bankruptcy Bridge Financing Portfolio Angel Investor 294

The Startup Magazine

FEBRUARY 24, 2020

By boosting short-term sales figures via discounts which lure in new customers, for instance, you can convince business lenders that your business is enjoying a surge in growth and is thus an ideal candidate for a loan. This means bolstering your cash flow to the greatest extent possible.

Bankruptcy 106

Bankruptcy Technical Review Security Finance 106

The Startup Magazine

APRIL 5, 2021

Declare Bankruptcy. Bankruptcy is a startup dissolution process that is often initiated by a debtor to get relief if that debtor cannot pay their debts. There are two main kinds of bankruptcy: “chapter 7” and “chapter 11”. Bankruptcy puts a halt to lawsuits and the claims of creditors, making the business more valuable. .

Bankruptcy 100

Bankruptcy Silicon Valley Startup California 100

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' By Scott Tarlow, founder, president and CEO of Success Systems. For any business, revenue matters.

Security 137

Security Bankruptcy Startup Revenue 137

Startup Professionals Musings

JANUARY 17, 2015

Sales and distribution channel activity will be analyzed, as well as cost of customer acquisition, to make an independent assessment of your financial projections. During that period, it is very difficult for either party to get out of the deal, since there is no public market for the stock, and business divorces normally mean bankruptcy.

Technical Review 120

Technical Review Due Diligence Startup Term Sheet 120

Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. I figured if Matt was on the verge of bankruptcy and one mentor changed his trajectory, what if we had a formalized, community-wide program?

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

A Smart Bear: Startups and Marketing for Geeks

MAY 24, 2010

Instead of making a few dollars per sale and hoping for thousands of sales, you sell to only a few customers, and charge much higher rates. The license agreement's primary purpose, then, is to get past the customer's legal team quickly, because they stand between you and a sale. Is there progress on getting the sale done?

Software Review 233

Software Review Technical Review Sales Software 233

Both Sides of the Table

SEPTEMBER 8, 2010

Due to the language and culture issues in Europe we opted for a country structure with an MD in each country and local sales, marketing & customers support staff. This is akin in the US to having sales staff in NY, SF & LA with your HQ in one of these locations. But it wasn’t just about company structures.

Ireland 319

Ireland Sales Bankruptcy Germany 319

Steve Blank

JANUARY 4, 2011

The largest company, the state-run Chilean National Copper Corp CODELCO, has $23 billion in sales. Partially due to a lack of bankruptcy or commercial courts, the bankruptcy process in Chile is draconian. The clearest example is the country’s copper mining industry, which contributes 20% of the Chilean Gross Domestic Product.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

YoungUpstarts

JULY 2, 2020

Elvira Gavrilova with the British businessman Glyn Hutchinson, the Sales Director of Icon Connet (London). It is the equal distribution of efforts among production and sales that leads to success. Business expert Elvira Gavrilova * urges the entrepreneurs of all levels to realize that the sales are as significant as production.

Bankruptcy 148

Bankruptcy Sales Distribution Global 148

YoungUpstarts

FEBRUARY 18, 2020

Social media can grow your small business and increase sales and marketing all from an increased online presence. David Offen, a bankruptcy lawyer in Philadelphia , said, “A positive online presence is perhaps more significant for small businesses that have a smaller client base. Brand Awareness. Generate Leads.

Social Media 142

Social Media Small Business Media Bankruptcy 142

The Startup Magazine

FEBRUARY 11, 2022

Even more impressively, Quiroga successfully navigated Australis Seafoods through the Infectious Salmon Anemia Virus crisis, an outbreak that crippled the industry and send many companies into bankruptcy. Quiroga posted profits the year of the crisis and then sold the company for a record $880 million.

South America 132

South America Chile Silicon Valley Argentina 132

Hearpreneur

SEPTEMBER 15, 2019

Which led me to feel somewhat confident purchasing a much larger niche regulatory print newsletter company out of bankruptcy. So, I accepted my limitations, and turned the situation around by partnering with another spirits industry expert, Bradd Levitan, who had an equally long spirits career but on the sales side.

Entrepreneur 73

Entrepreneur Bankruptcy Bootstrapping B2B 73

Both Sides of the Table

NOVEMBER 14, 2010

This is the time it takes for a bankruptcy or asset sale to occur. Instead investors are looking for the next flash sale, private sale, game dynamic, social games that rely on mobile platforms with geo-fenced, location aware offers. People often talk about what makes a great investor. Or a quick flip.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Steve Blank

MARCH 8, 2017

When I took the job of VP of Marketing in a company emerging from bankruptcy, excuses seemed to be our main product. In addition to customer discovery, creating end user demand, and product strategy, Marketing also serves as a service organization to sales. So we created The No Excuses Culture. — No Excuses as a Core Value.

Bankruptcy 371

Bankruptcy Sales Channel Restful 371

Hearpreneur

DECEMBER 30, 2020

I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. This helps them generate leads and sales. We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. Photo credit: Ty Crandall.

Technical Review 142

Technical Review Entrepreneur Software Review SEO 142

Lightspeed Venture Partners

OCTOBER 29, 2012

It had done about $30,000 in sales in a little over a year, and had emerged from a natural trade show with interest but no orders. The company was started six weeks ago, had no sales and no retail distribution yet. They should have raised money from friends and family, and grown sales further before seeking to raise outside capital.

Pre-Money Valuation 97

Pre-Money Valuation Offshore Valuation Cofounder 97

Hearpreneur

DECEMBER 23, 2020

As a businessman, I have experienced and directly felt the impact that this pandemic has brought to the industry, many survived while others gave in and declared bankruptcy or permanent closures. 21- Testing new outbound sales methods. Photo Credit: Chris Muktar. Thanks to Adam Bukauskas, Upmove ! #21- Photo Credit: Jeremy Moser.

Entrepreneur 121

Entrepreneur Technical Review Software Review Employee 121

crowdSPRING Blog

DECEMBER 12, 2014

TV-Streaming Firm Aereo Files for Bankruptcy | WSJ – crowdspring.co/1Fh64Ie. Online Sales for Girl Scout Cookies Are Approved – crowdspring.co/1pIc88R. When You Give Your Team a Goal, Make It a Range – crowdspring.co/1yINX9Z. 7 Simple Ways to Appreciate your Team (and Boost Performance) – crowdspring.co/1veUNVr. 1v6Fr0z.

Social Media 100

Social Media Small Business Design Media 100

Startup Professionals Musings

MAY 1, 2019

For example, one of the first home grocery delivery companies, Webvan, was so enamored with early traction in Silicon Valley, it raised and spent nearly a billion dollars and went public, before filing for bankruptcy three years later. You can’t afford to close every sale, or handle every customer complaint.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215