Feld Thoughts

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Sayahh’s Financial Statements For August 2011

Feld Thoughts

They also haven’t launched a product, so there is no corresponding “cost of goods sold” – the direct cost of delivering their product. This results in a gross margin of $0, where gross margin is revenue – cost of goods sold. Once these were up Dick launched several AdWords campaigns to test customer interest.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Convertible debt financings have become an increasingly attractive approach for seed rounds because it delays the valuation discussion, costs less from a legal standpoint, and is an easier financial instrument to “keep raising more small amounts of money” on. Soundbites from potential customers are encouraging.

Burn Rate 152
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How to Find the Time to Accomplish Anything

Feld Thoughts

I could spend that time on Facebook, but at the cost of not writing. During this period, I helped Hewlett-Packard save on the order of ten million dollars a year on customer support costs, roughly a 100x return on my salary. For my second novel, I hired someone to research Amazon’s top reviewers for me.

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Accelerating Technology Change and Continuous Learning

Feld Thoughts

Though the notion of a “lean startup” that uses both Agile and Customer Development approaches is ostensibly strongly customer focused, the purpose of these methodologies is for the company to find an maximize its market, not specifically to optimize the user experience.

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Tariffs and Hardware Startups

Feld Thoughts

” This quickly evolved through “are there any ways around this” to land at “deal with the reality of increased cost, research, and compliance.” Would they pass on the tariff to the customer? While some BigCos appear to be eating the cost of the tariff, this seems to be the exception. ” Fun.

Startup 126
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Pondering the Commercial Real Estate Market

Feld Thoughts

Rather than showing some flexibility, they are telling their customer (the tenant) who literally cannot use the physical space they are renting, “sorry – not my problem.” .” In a moment where landlords could generate enormous goodwill, especially with smaller companies, I believe they are doing the opposite.

Marketing 214
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How Does A Small Company Make A Big Company Successful?

Feld Thoughts

The opportunity cost for the big company is tiny while the opportunity cost, and often the direct costs, for the small company is enormous. In these cases, the large company puts up no money, but people engage to work with the small company. In hindsight this is a clear imbalance.