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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

Cost 264
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Open Source Business Model

SoCal CTO

However, there are lots of companies that are making money from open source and freemium models. A friend of mine has a company that builds open source applications in spaces that are a bit less innovative than Elgg, but they do very well financially through the packaging and support models.

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Requests for Startups in 2024

VC Cafe

Commercial open source companies – being open source is a powerful way to gain developer adoption and sell to enterprises a lot sooner. Spatial computing – with the launches of the Apple Vision Pro and the Meta Quest 3 a new personal computing platform may evolve over the next decade.

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7 Risks Of Not Leveraging Team Member Data Analytics

Startup Professionals Musings

Employees are still too often thought of as a commodity, to be acquired “just in time” for the lowest cost, and managed as a disposable asset. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio. Underestimating absenteeism and accident costs.

Analytics 303
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The end of ownership: The zero-marginal-cost economy

The Next Web

Dries Buytaert created Drupal, an open source content management platform, in his dorm room. The post The end of ownership: The zero-marginal-cost economy appeared first on The Next Web. He is also the co-founder and CTO at Acquia, a company providing enterprise software for websites and commerce.

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8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

As a potential investor, I always think of the high rate of failure of disruptive technologies, due to the longer learning curve of customers, infrastructure change consistently required, and higher marketing costs. If you can’t measure it, you can’t manage it. Define realistic metrics to keep track of progress.

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7 Risks To Avoid In Your Business People Management

Startup Professionals Musings

Employees are still too often thought of as a commodity, to be acquired “just in time” for the lowest cost, and managed as a disposable asset. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio. Underestimating absenteeism and accident costs.