ReadWriteStart

MAY 5, 2011

First up, Satya Choppadhandi from Bangalore, India, presented Evolutech Networks, a company that manufactures wireless energy monitoring devices for the smart home. The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up. These resellers buy devices from the U.S.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

YoungUpstarts

AUGUST 16, 2016

Myself and the other founders managed to develop our company and generate more than 200,000,000 visits, hire 22 people, get 3,000+ customers, and promote products for the likes of Creative Labs, Polaroid, and Sony. It was a way for us to stay creative and it also brought in some revenue. The Beginning. The Hustle. Communication.

Greece 100

Greece United Kingdom Ukraine Philippines 100

ReadWriteStart

SEPTEMBER 10, 2010

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

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

NOVEMBER 3, 2011

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. So, please don't get discouraged; there are many paths to success. Statisco Economic Analytics.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Steve Blank

MAY 9, 2017

In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. Yet time after time, after the product shipped, startups would find that customers didn’t use or want most of the features. Founders Need to Run the Company Longer.

Restful 227

Restful Silicon Valley Puerto Rico San Jose 227

David Teten

MARCH 18, 2021

Thirty-four VC firms in OpenVC call themselves “early-stage” Yet, 30% of those don’t actually invest in pre-revenue startups. These firms also sometimes target startups that serve a specific kind of customer (e.g. . “Tech” means B2B Saas/Fintech or Consumer apps. The phrase is quite ambiguous.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. million in revenue. Brainscape.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

ReadWriteStart

SEPTEMBER 16, 2010

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. Sequoia has financed them. SurgeForth has since graduated to paying customers, and is making good progress.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

OCTOBER 7, 2010

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

MARCH 24, 2011

Monetization models, while not yet validated, can come from charging the customer base that is already acquainted with the service, as well as selling the white label solutions to colleges. The discussion today was around Social Media financing and go-to-market strategy. His customer acquisition strategy, however, needs a lot of work.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Hearpreneur

NOVEMBER 19, 2021

My finance career began with a long commute and a cramped cubicle. You learn how to appear to be devoted to new products without actually committing financially until you receive feedback and orders from your customers. I had learned about some serious customer problems that I knew I could solve with a tangential business.

Entrepreneur 147

Entrepreneur Software Review LLC Web Development 147

Steve Blank

NOVEMBER 21, 2015

I first met Evangelos Simoudis when he ran IBM’s Business Intelligence Solutions Division and then as CEO of his first startup Customer Analytics. and the emergence of new industries, markets and customers. Evangelos has spent the last 15 years as a Venture Capitalist, first at Apax Partners and later at Trident Capital.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Cracking the Code

MARCH 12, 2010

Given the predictability of SaaS GAAP revenues on a quarterly basis, the fact that the 08/09 projections were unchanged is not a surprise. Given that the revenues are not growing very fast, this means that most of the companies have reduced their sales force and focused on productivity improvement. mba india. Yahoo Finance.

Software Review 63

Software Review Technical Review Cloud Forecast 63

YoungUpstarts

JUNE 16, 2015

The company is also looking to add over 100 jobs over coming years to “meet the growing demand from its users, partners and advertisers” in Asia Pacific, signalling that it is hedging its bets that continued growth – in terms of users and revenue – is likely to come from this part of the world.

Singapore 100

Singapore Asia Design Japan 100

Cracking the Code

APRIL 21, 2021

It was a difficult time of exploration and iteration, as many founders experience, and it took 10 long years to build the company from $0 to $1mm in revenue, a difficult phase. After going $0 to $1mm in their first 10 years, UiPath has now hockey-sticked to over $600mm in revenue in 2020, and the automation market is still in early innings.

Leadership 62

Leadership Hockey Stick North America Europe 62

Lightspeed Venture Partners

DECEMBER 3, 2010

The online video networks are doing terrific business, and even Yahoo is benefiting from increased brand spend, seeing revenue growth for the first time in a while. While the revenue numbers may not be huge in 2010, there is certainly promise to the business models that are developing on these platforms.

Internet 106

Internet eCommerce Advertising Flash 106

K9 Ventures

JULY 21, 2016

Custom parts can also sometimes lead you down a rabbit-hole of building your own equipment to build those custom parts (and yes, I’ve had multiple companies that have had to do this!). This introduces new risks in terms of forecasting, financing, and logistics. Try tracking that failure mode down!

Software Review 48

Software Review Forecast Portfolio Distribution 48

Steve Blank

JUNE 10, 2010

Founded in offices smaller than my parents grocery store, Fred and Maheesh’s vision was to provide a home for artists who made personalized products assembled in a just-in-time factory that today delivers a customized gift each second. Success for this new division meant generating substantial revenue and profit for company.

Silicon Valley 329

Silicon Valley Entrepreneur United States New York City 329

ReadWriteStart

JUNE 30, 2011

India and Israel pitch their businesses. First, Senthil Natchimuthu from Coimbatire, India, discussed directdialogs. The site has 11 million page views a month, and Jeu expects 2011 revenues to be about $250k. The revenue models need to be revisited, and the customer acquisition strategy as well. directdialogs.

India 115

India Entrepreneur Silicon Valley 115

ReadWriteStart

SEPTEMBER 3, 2010

I asked her not to assume that investors will be investing in this business idea, at least not until she can acquire some level of validation, which means tens, if not hundreds of thousands of customers, and several partnerships with daily deal sites. Gnosis India. Venture capitalists today don't exactly practice venture capital.

Channel 115

Channel India Bootstrapping Silicon Valley 115

Up and Running

AUGUST 23, 2017

This was the driving force behind our company, which became both a custom design marketplace and a creative platform for designers for learning and showcasing their creative work. Building trust through excellent customer service. One of the ways we did this was through excellent customer service. and European markets.

Design 121

Design Startup Social Media India 121

ReadWriteStart

NOVEMBER 17, 2011

Nonetheless, in the last couple of years, the flow of first-time entrepreneurs who come out with the misconception that Entrepreneurship = Financing has not abated. Folks, please understand a simple point: Business schools, when they teach you entrepreneurship, teach you about financing. Eventbin.com. Jay does not have that yet.

Early Stage 116

Early Stage India Entrepreneur Silicon Valley 116

ReadWriteStart

JULY 21, 2011

Some recent trend posts on my blog include There's a Trend To Spot In Groupon's Growth Rate , Customer Service and the Social Web , SaaS Enabled BPO and Near-shoring and U.S. The 1M/1M affiliate program will create additional revenues for some, and for some, this could be their first decent revenue option. peerbackers.

Affiliate 130

Affiliate San Francisco Entrepreneur India 130

ReadWriteStart

FEBRUARY 24, 2011

That means that less than 1% of the entrepreneurs who apply succeed in getting financed. I have a fundamental observation to make here that seems to be lost in the noisy universe of entrepreneurs' obsession with fund-raising: Most companies should not raise external financing. A sustainable business = (customer + revenue + profits).

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

ReadWriteStart

DECEMBER 16, 2010

Bhupendra has built a product and has started engaging a few customers. My key advice to him was to focus on acquiring customers, and getting a thorough positioning exercise done based on segmentation, competitive analysis and market sizing to identify a segment where competition is less active and the product is particularly effective.

Senegal 117

Senegal Nevada Bootstrapping Silicon Valley 117

ReadWriteStart

OCTOBER 13, 2011

for the app and has 30,000 customers. He asked me if he should offer the app for free to get more customers. You then become dependent on outside financing, and that is a slippery slope. It is much better to grow organically with revenue. It is much better to grow organically with revenue. I said, no.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

ReadWriteStart

DECEMBER 1, 2011

Freshdesk is a social customer support startup offering a SaaS solution to small businesses. Freshdesk aims to do the same in Social CRM and already has paying customers. I then discussed some of the lessons of the Freshdesk financing. Read: India's Big Opportunity In SaaS ]. See: 1M/1M Incubation Radar: Freshdesk ].

Partner 113

Partner Tennessee Nashville India 113

ReadWriteStart

OCTOBER 28, 2010

At today's roundtable we saw three very nice businesses, each with pilot customers, and each working on real problems. Antonio has 100 trial customers at the moment, and is looking to figure out exactly what his company positioning is going to be. All this, could, potentially, be done without external financing.

Partner 117

Partner Belgium Portugal Bootstrapping 117

ReadWriteStart

MAY 26, 2011

I have advised her to course-correct and validate with the potential customers how much they are willing to pay and in what framework. Next, Priyanka Bhatnagar from Pune, India, pitched Priyanka Bhatnagar Jewellery & Accessories , an e-commerce jewelry line. Priyanka Bhatnagar Jewellery & Accessories. Don't miss it!

Affiliate 117

Affiliate India Nevada Silicon Valley 117

ReadWriteStart

JANUARY 6, 2011

This curriculum is based on the various questions entrepreneurs have asked me over these 64 sessions, spanning financing, positioning, customer acquisition, marketing, sales, channel, and various other early stage, startup-related issues. He is looking for financing for the show. I like the idea, and recognize the problem.

Vertical 115

Vertical Web San Francisco Entrepreneur 115

ReadWriteStart

SEPTEMBER 8, 2011

First up, David Nordell from Kfar Ya'avetz, Israel, pitched New Global Markets , a solution for making it easier for banks to offer their customers global banking facilities. For example, say, Barclays has a customer in the UK who also wants a bank account in India. Intellectual property rights need to be negotiated accordingly.

Entrepreneur 124

Entrepreneur India Intellectual Property 124

ReadWriteStart

NOVEMBER 4, 2010

The premium lounge includes an online curriculum addressing the common topics specific to very early stage entrepreneurship; private roundtables that many of you have requested; customer, channel partners, and investor introductions; media and analyst access; and a variety of other value-added services to make our entrepreneurs successful.

Startup 113

Startup India Silicon Valley Incubator 113

ReadWriteStart

FEBRUARY 17, 2011

OrangeScape positions itself as an Application Platform As A Service (APaaS) provider, and has some marquee customers in India including Unilever, Citibank, Pfizer, AstraZeneca, and Sterlite. Of course, the solution applies to a much broader set of small business customers, making this an attractive business opportunity.

Entrepreneur 114

Entrepreneur India Silicon Valley Massachusetts 114

Cracking the Code

OCTOBER 10, 2008

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. 16 comments: BdH. Great list!

Software Review 48

Software Review North America Europe Metrics 48

ReadWriteStart

AUGUST 4, 2011

However, how do you get to critical mass, and how do you finance the period during which this business runs on red ink? How much time do you budget for red ink financing? Whichever direction you go, please do not assume that some VC is going to finance you during this phase. How long can you go without a salary?

Bootstrapping 124

Bootstrapping San Jose Entrepreneur Silicon Valley 124

ReadWriteStart

APRIL 7, 2011

Also, the business is primarily on CD-ROMs right now, but the good news is that the CD-ROM product is selling and generating revenue. The good news, again, is that this business is generating revenues. The company sells to the marketing departments of corporations, has 50 customers, and is already profitable. Techsailor.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

Transformify

AUGUST 16, 2020

Transformify , a UK-based Freelancer Management System (FMS), has partnered up with Xoxoday , an HR Software company based in India that has offices in Singapore, Australia, the US, Ireland and the Philippines, to boost its expansion across Asia. During the last few months, Transformify has seen a 500% increase in demand in India alone.

Asia 98

Asia Partner Management India 98