Remove Design Remove Hiring Remove Matching Remove Seed Money
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.

Startup 418
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Top Startup Advisor Paul Graham Just Warned Against Taking Google's Money

www.businessinsider.com

Google Ventures has made more than 100 seed investments, Maris said, including some past and present Y Combinator companies, and is making one to two new ones a week. Parse, one of the most-anticipated startups in Silicon Valley these days , went through Y Combinator last year and raised seed money from Google Ventures , for example.

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How to Start a Startup

www.paulgraham.com

They all use the same simple-minded model.They seem to have approached the problem by thinking about how todo database matches instead of how dating works in the real world.An Andyet theres a lot of money at stake. One of the best tricks I learned during our startup was a rule for deciding who to hire. Thats nonsense.

Startup 105
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Get Off My Lawn! Crazy Kids and Their Sex, Drugs and Startup Advice!

This is going to be BIG.

A founder will raise one party round worth of seed money and they''ll go teach a class on how to raise venture capital. A BD person at an aqui-hire will write a book on the art of the deal. Your advice matches the experience of your accomplishments. Our designer is a better designer. Growth hacking?

Startup 147