Remove Bootstrapping Remove Cofounder Remove Matching Remove Revenue
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8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? IV: Should your new VC fund use Revenue-Based Investing?

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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How to Go From Startup Founders to a Growing Team

Up and Running

My co-founder Andrew and I built Canny , a SaaS tool to help businesses collect and manage customer feedback and build their product roadmap, from the ground up. Canny is 100% bootstrapped —we haven’t taken any outside funding. We’re profitable, and we just cracked $800K in annual recurring revenue earlier this year.

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7 Reality Checks On Your Funding Odds With Investors

Startup Professionals Musings

Team not a good match for the challenge. A solution would be to find a co-founder with the requisite background or investors who know you. Revenue and profit projections are not credible. Real customer revenue and thousands of new users represent traction and are the best indication of fundability.

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What Do Angels Want?

ReadWriteStart

In 1998, before they even incorporated, Google founders Sergey Brin and Larry Page were trying to present their concept to early-stage, or "angel" investors, with limited success. Sun Microsystems co-founder Andy Bechtolsheim was one such angel. Will you be generating enough revenues to keep growing? •

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Moving Beyond the Kitchen Table

The Entrepreneurial Mind

Bootstrapping is the name of the game for most startups. A bootstrapped startup also allows the entrepreneur to determine what the market really wants without having to lock in specific long-term expenses tied to a specific business model. In the bootstrap world you fight to survive. You watch every dollar very closely.