Remove Equity Remove Management Remove Massachusetts Remove Revenue
article thumbnail

First LGBTQ+ in Tech Forum Gathers DFW Community for Inspiring Conversations

Austin Startup

While this isn’t Capital Factory’s first Diversity, Equity and Inclusion (DEI) event or initiative, this was the first of its kind in the DFW area and definitely not the last. It all comes down to three things: Revenue. Stacey is the co-founder of Lez Talk and Managing Director of Contact Center Experience at Charles Schwab.

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. Whether it is credit or equity, funding is very, very tight. Because customer financing equals revenue, not equity. Gio expects to get to about $500,000 by the end of this year and asked me for advice on venture funding.

Cloud 115
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. As a thumb rule, try to get enough validation so that you can get to at least a $2 million pre-money valuation before raising equity capital. That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I HirePlug.com.

Valuation 119
article thumbnail

Strategy Roundtable For Entrepreneurs: Non-dilutive Financing Through Revenue Sharing

ReadWriteStart

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. million in revenue. The business is already profitable with $2.9 Photo by nosheep.

Dilution 114
article thumbnail

Startup Strategy Roundtable: Top 10 Tech Trends To Watch

ReadWriteStart

Then Jimmy Hendricks presented DealCurrent.com , a white label platform for media companies to manage daily deal advertising on behalf of brands. Jimmy already has about 65 customers and about a million dollars in annual revenue. DealCurrent.com. My advice was to not raise money if he didn't need to.

Senegal 117
article thumbnail

Software Startup Myths Debunked

www.singlefounder.com

Go ahead and laugh, but over 95% of Moon River Software’s revenue this year has been from consulting services. The software I sell has made up less than 5% of total revenue in the past 12 months. In Massachusetts for example, there are 82,007 millionaires. Others took several years, but they all ended up with those things.

article thumbnail

Strategy Roundtable For Entrepreneurs: 1M/1M Announces Partnership With MAD Incubator, Malaysia

ReadWriteStart

First up, Alvin Yuen from Kuala Lumpur, Malaysia, presented ISA Innovation , a company providing a hosted IT asset and inventory management solution. 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.

Malaysia 114