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Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones. Urgency and risk-taking in a startup are integral parts of the culture, felt by 100 percent of early-stage employees. The very definition of a contractor implies a contract.

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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 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: Do Not Spray and Pray

ReadWriteStart

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. 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. GrillGrate.

India 114
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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
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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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Strategy Roundtable For Entrepreneurs: 1M/1M Announces Partnership With TiE Chennai

ReadWriteStart

a group of entrepreneurs from TiE Chennai gathered at the Indian Institute of Technology-Madras (IIT-M) Research Park campus, and we spent the next four hours discussing strategy and tactics of early-stage entrepreneurship. At 11 a.m., The value proposition is well articulated, validated, and very clean. Quantum Arc. ET Interactive.

India 126