Remove Early Stage Remove Engineer Remove Massachusetts Remove Revenue
article thumbnail

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

Steve Blank

Rather than focus the university inward on research, Terman took the radical step of encouraging Stanford professors and graduate students to start companies applying engineering to pressing military problems. Urgency and risk-taking in a startup are integral parts of the culture, felt by 100 percent of early-stage employees.

article thumbnail

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. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. These resellers buy devices from the U.S. Discuss.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Then Liana Thompson pitched Trendy Loot , a very early stage deal site for low-end jewelry.

Valuation 119
article thumbnail

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. Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. GrillGrate.

India 114
article thumbnail

Strategy Roundtable: 5 Cloud Computing Opportunities for Entrepreneurs

ReadWriteStart

Bolpur is home to the Viswabharati university, as well as several other small engineering and professional colleges. But when I found out that Rajeev is a computer engineer, I suggested to him to build a cost-effective SEO services firm, which would be more interesting.

Cloud 117
article thumbnail

Strategy Roundtable: Open Opportunities in Cloud Computing and Rural BPO

ReadWriteStart

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

Cloud 115
article thumbnail

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., From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

India 126