Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Product Development 177

Product Development Cost Developer Product 177

Both Sides of the Table

MAY 7, 2011

Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.

Software Review 285

Software Review Software St. Louis API 285

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Up and Running

SEPTEMBER 29, 2022

Download our free Startup Checklist and review the complete guide for starting a small business. While you may be enamored with becoming an entrepreneur and bootstrapping your business, don’t quit your day job. According to a report from the Harvard Business Review , entrepreneurs who plan are 16% more likely to achieve viability.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Bootstrapping. Sources of funding. ? Government programs.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

MAY 23, 2016

Since the term “cloud computing” was coined in 1996—at least as we have come to understand its meaning—the software as a service industry has exploded. In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent.

Software Review 74

Software Review Software Delaware Forecast 74

YoungUpstarts

JULY 16, 2019

No matter how fantastic your innovations are or excellent your new ideas appear to be, you will always need capital to bootstrap any business innovations you might have. Taking advantage of the tax code. You can either raise capital in return for ownership interests in your business or you can obtain loans to finance your business.

Software Review 113

Software Review Startup Equity Bootstrapping 113

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

I recently helped a friend broker the sale of his small, bootstrapped company. They’ve heard rules of thumb like “A growing software company is worth 5 times their trailing 12-months revenue.&# Even narrowing the field as much as feasible, revenue multiples varied between 1.2x Actually, no.

Sales 260

Sales Channel Cofounder Valuation 260

Rob Go

DECEMBER 28, 2011

And that’s true pretty much across the board – from exits, late stage financings, scaling companies, and seed activity. So I thought I’d jot down some of the highlights I have seen from my vantage point in this 2011 Boston Consumer Web Year in Review. 61M in Q3 revenue, up 28% YoY. IPO’s/Exits.

Technical Review 54

Technical Review Boston Software Review IPO 54

This is going to be BIG.

MAY 27, 2014

This was a company that had successfully bootstrapped itself to real revenues, employees and cashflow and I thought it deserved the structure of a going concern, not a flier. They got that way due in large part to a very public founder friendly stance. It ain''t all coding, selling, and raising money, people.

Term Sheet 143

Term Sheet Founder Cofounder Software Review 143

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). Kir Devries.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. I will work with him on his inventory financing strategy. Now, the Web self-service software market is very crowded with major players like RightNow already deeply entrenched. GrillGrate.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

OCTOBER 7, 2010

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. Sub-$2 million pre-money, it is better to bootstrap. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Value Of Insight Consulting, Inc.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

DECEMBER 2, 2010

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. But our goal is to make sure that these businesses are sustainable, have customers, revenues, and profits. million financing round for. She is also considering developing software to address these issues.

India 116

India Green Silicon Valley Massachusetts 116

K9 Ventures

JULY 21, 2016

Computing and software came a few years later for me as access to computers wasn’t as easy or affordable. Software is awesome as it gives you instant gratification. It requires a higher level of discipline than software does. This introduces new risks in terms of forecasting, financing, and logistics.

Software Review 48

Software Review Forecast Portfolio Distribution 48

online.wsj.com

SEPTEMBER 23, 2012

Computer Software. Media & Marketing. Small Business. More Industries. Accounting. Advertising. Broadcasting & Entertainment. Computer Hardware. Consumer Products. Defense & Aerospace. Financial Services & Insurance. Food & Tobacco. Hospitality. Industrial Goods & Services. Marketing & Strategy. Media Agencies. Metals & Mining. NAME Comcast.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Austin Startup

JUNE 26, 2019

and * on a bootstrapped budget* : We first engaged in customer surveys and validated a huge problem?—?several You might notice what’s not on that list above: revenue, investors. No revenue isn’t always a problem for venture-style businesses; no investors + no revenue = challenges for most founders without tremendous self-funding.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

Up and Running

SEPTEMBER 19, 2017

Rule 1: Bootstrap until you have a viable product. Currently, most ecommerce businesses have IT staff constantly running manual tests to confirm that their site is operating properly, or they manually create expensive software to run these tests. That is to say, they’d want to be able to control costs and revenues at a high level.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Software By Rob

NOVEMBER 16, 2009

I was surprised by this, as I thought Seth was going to discuss another option I’ve seen used with great success: customer financing. That’s when you find one or more (future) customers that help fund your product development in exchange for input into the process and free or highly discounted use of the software.

Equity 42

Equity Software Review RSS Widget 42

Up and Running

FEBRUARY 17, 2016

In this two-part guide to starting a brewery, we’re going to talk with brewers who’ve been there-done-that, and we’ll get insights from experts in supporting industries such as insurance and finance, as well as discuss regulatory issues. In part two, we’ll discuss finances, insurance, and regulations for breweries.

Oregon 60

Oregon Jordan SBA Cofounder 60

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. What’s the concept of all of this that you’re talking about and then in financing? I’m the CEO of Palo Alto Software. This is Sabrina.

Lean 60

Lean Business Plan Video Software Review 60

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” These days revenue is the best source of capital. Who is on your board of directors?

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Jason: Okay, so that’s a very small company in which the CEO is pulling out the credit card for meeting software because even people with a hundred people, the CEO is not the person pulling out a credit card for the meeting software. I don’t care about what the software looks like yet. Edwin: I tend to disagree.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Hearpreneur

JUNE 14, 2017

We’ve continued bootstrapping since then — today we are a $2.5 My strength was not in finance, so one of the first things I did was hire someone to handle the books and keep me on a solid financial path, so I could focus on running my business. Thanks to Nick Chandi, SlickPie Accounting Software ! #8 Image Credit: Jeff Quinn.

Entrepreneur 128

Entrepreneur South Africa PR Thailand 128

A Smart Bear: Startups and Marketing for Geeks

AUGUST 8, 2012

Welcome back to Smart Bear Live, the call-in show with Jason Cohen, sponsored by Software Promotions. Don’t forget to sign up for the wonderful Business of Software conference to hear Jason speak in person. So it’s property management software? Our software will do that. I don’t get this.

API 220

API Software Review Hosting Technical Review 220

rapidrollout.wordpress.com

OCTOBER 23, 2010

First Things First: Your Requirements You seem to feel that your project isn’t ready to move forward without a software developer (a “programmer&# , as you say). You’re asking someone to take a chance that with the code they deliver you can get funding or gain some revenue traction. But let me put it this way.

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

mashable.com

SEPTEMBER 22, 2008

endeve – Issue invoices, manage clients and check revenues all in one place. Bootstrap – Online bookkeeping software that lets you track sales and expenses, organize your records for tax time, and more. Invoice Place – Online billing software that lets you track invoices, quotes, receipts and more.

Software Review 78

Software Review Social Media Social Network Software 78

Up and Running

MAY 15, 2019

In this guide to starting a brewery, we’re going to talk with brewers who’ve been-there-done-that, and we’ll get insights from experts in supporting industries such as insurance and finance, as well as discuss regulatory issues. Watch your finances. Review your business plan regularly. Tending the Hard Knocks Bar.

Oregon 24

Oregon Jordan Software Review Distribution 24

Professor VC

JULY 31, 2008

I actually enjoy the process of pulling together a selection of materials to create a complete course on Entrepreneurial Finance. I assembled textbook chapters, Harvard Business Review articles, cases, and notes to pull together my own textbook. The artists received very little of album sales, but kept concert and merchandise revenue.

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

techcrunch.com

FEBRUARY 19, 2010

Tweet View Comments Sarah Lacy Feb 19, 2010 Pepperdine has a new study out that attempts to shed some light on the clubby, shadowy world of private finance. And investors said they intend to invest more in cleantech than software going forward. Paglia, Pepperdiine’s Denney Academic Chair and Associate Professor of Finance.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

www.quora.com

JANUARY 16, 2011

You can argue that the DNA created by Microsoft's over emphasis on distribution (Steve) and development (Bill), has ultimately cost it $50bn or more in lost revenue, market share and market capitalization. But in the world following Jonathan Ive, designers are finally getting their due. They are many more examples.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. This, of course, doesn’t mean that we discourage entrepreneurs to seek financing.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116