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Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

Bottom line, early stage equity is very, very expensive. So at any point, if you are trying to raise money, and you are hearing from investors that you are too early and have too little validation, it may be a good thing. Well, it turns out that with about $900,000 and 12 months, Siobhan can get to paying customers.

Valuation 119
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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

Next, Umakant Soni discussed Vimagino.com , a software for Web-based Q&A support to engage customers better on sites that are trying to draw people in and convert them into customers. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ).

India 114
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Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

ReadWriteStart

The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up. In addition, I asked him to do a competitive analysis on the pricing models of the various mobile app platforms and come back to me with both sets of market data, namely, customer research and competitive analysis.

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Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

This is an open opportunity for an entrepreneur to build a custom solution. Today, the telecom industry charges customers based on fixed price business models for data services. SurgeForth has since graduated to paying customers, and is making good progress. Cion has 18 customers and is considering funding.

Cloud 117
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Startup Strategy Roundtable: Not Coming To The Rescue Of Victory

ReadWriteStart

Well, I have coached early stage entrepreneurs for a couple of years now - diligently, patiently - and have learned a few things. Globally, this is a much larger number. The first step is to develop some reference customers, something all early-stage startups should do. What we have taken on is hard enough.

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Startup Strategy Roundtable: Where Should You Raise Money?

ReadWriteStart

Jacqueline asked an important question: how do you mitigate your working capital challenges in an e-commerce company at the very early stages without raising financing? First, there are two primary aspects that have to be managed: inventory financing and customer acquisition costs. Well, there are multiple nuances to the answer.

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Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

ReadWriteStart

This company provides a crowdsourced customer service solution to enterprises. Gio pitched it to me as a crowdsourced BPO, but I think he will have more success if he simply focuses on customer service as his core value proposition. They already have several customers including some telcos, and are at about $350,000 in revenues.

Cloud 115