Startup Professionals Musings
DECEMBER 30, 2016
Entrepreneurs don’t realize that Facebook spent over $100 million, before revenues from advertising turned cash positive. Hyperlocal in New York City is different from hyperlocal in Kansas. Several of the challenges already identified suggest a greater reliance may be required on bootstrapping and organic growth.
This is going to be BIG.
MARCH 1, 2010
Content companies, for example, should be able to amass traffic and sell advertising on a bootstrapped budget before they come close to seeking equity financing—because you can, and because that’s the market expectation and that’s what your competitors are already doing. > You don’t have to live in the West Village.
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Duct Tape Marketing
FEBRUARY 20, 2014
Revenue from 100 customers = Y. Weston Bergmann is the founder and lead investor in a business incubator in Kansas City called BetaBlox. He’s lived in ten different countries and his dog’s name is Bootstrap. Knowing how much it costs to acquire a customer is debatably the most important variable in an investor’s equation.
Duct Tape Marketing
DECEMBER 14, 2017
Matt Watson: Based in the Kansas City area. We didn’t talk about this ahead of time, but that’s what I’m standing in Kansas City, Missouri recording this. In 2011, before we sold the business, we had a business that was making $30 million a year in revenue, but we’ve never raised any capital.
online.wsj.com
SEPTEMBER 23, 2012
If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. Non-classifiable Establishments. California. Connecticut. District of Columbia. Massachusetts. Mississippi.
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