Startup Professionals Musings

FEBRUARY 15, 2011

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. Count on several months of effort and costly assistance to court investors, with less than a 10% success rate.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Startup Professionals Musings

JANUARY 4, 2015

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Per-unit cost less cost of goods sold is your gross profit or margin. Quantify overhead costs. It’s amazing how fasts costs escalate as you grow. Doubling revenue each year is a good target.

Forecast 120

Forecast Entrepreneur Burn Rate Widget 120

Startup Professionals Musings

FEBRUARY 13, 2010

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

K9 Ventures

MAY 28, 2015

And in order to do that they need to either raise capital to be able to hire a team by paying them real dollars or recruit co-founders who are willing to share the journey based on the equity stake and bootstrap the company. At $10K/month, it’s also a meaningful number as now you’re at least covering the cost of 1 full-time person.

Revenue 48

Revenue Startup Burn Rate Cofounder 48

Professor VC

JULY 31, 2008

However, the cost to the students ended up at over $140. A 2005 report by the Government Accountability Office indicates that textbook prices have outpaced inflation by more than 2-1 over the past two decades and account for 26% of tuition and fees at four-year public universities and nearly three-quarters of costs at community colleges.

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

BeyondVC

JULY 6, 2006

Hiring a VP of Sales too early can cost you dearly. The experieced enterprise direct sales reps will cost you $80-100k base plus performance of up to $150-175k total comp. The burn rate added to your company almost doubles overnight with these heavyweight sales guys with no leads to go after and no mature product to sell.

Hiring 79

Hiring Sales Burn Rate Vertical 79

Early Growth Financial Services

JANUARY 10, 2013

Whether you’re funded, seeking funding, or still bootstrapping, here are some of the best strategies for avoiding dilution and maintaining maximum equity: 1. Of utmost concern to many entrepreneurs is how to retain maximum equity in their startups. Rightly so. It’s a constant balancing act: growing your company without losing control of it.

Equity 38

Equity Dilution Bootstrapping Startup 38

Professor VC

FEBRUARY 18, 2011

It was going to be challenging to get scale with a model that charged on a per business card basis, a requirement given the amount of funding and cost for the crowdsourced labor. Bootstrapping 101. CardMunch seemed like a nice feature and wasnt clear if there was even a product, let alone a business. Watch Out for the Red W(h)ine.

Acquisition 31

Acquisition San Jose Angel Investor IPO 31

Professor VC

OCTOBER 11, 2010

link] We are developing a software technology that works on the web using cloud computing to build software 100X faster and reduce bugs and cut costs. Bootstrapping 101. Professor Bennet, I'm seeking advice (especially raising funding) for my startup called Lightning Storm Software. Watch Out for the Red W(h)ine. ► July. (1).

Social Network 28

Social Network Networking Software Review San Jose 28