article thumbnail

Startup Strategy Roundtable: Niche Marketplace Businesses Can Be Interesting

ReadWriteStart

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. But our goal is to make sure that these businesses are sustainable, have customers, revenues, and profits. million financing round for. My recommendation to Hardika is to study the FDBI project.

India 116
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. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). Kir Devries.

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 For Entrepreneurs: Non-dilutive Financing Through Revenue Sharing

ReadWriteStart

For a more elaborate explanation of the deal, please read my blog post 1M/1M: Alternative Financing For Startups Using A Sales Channel Partner. I have discussed at length why revenue sharing channel deals may serve as perfectly fine alternatives to raising equity (or even complements) because of their non-dilutive nature. Discuss.

Dilution 114
article thumbnail

Strategy Roundtable For Entrepreneurs: VCs Are Not Always Right

ReadWriteStart

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. Discuss.

article thumbnail

Strategy Roundtable For Entrepreneurs: Incubators Are Reaching Out To 1M/1M

ReadWriteStart

Meanwhile, financing the company will be quite challenging, and I advised Satya to manufacture parts based only on signed contracts and advances against orders, to avoid getting into an inventory-rich, working capital-poor situation. These resellers buy devices from the U.S. From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

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. I will work with him on his inventory financing strategy. She has a master's degree in electrical engineering and computer science from the Massachusetts Institute of Technology. GrillGrate.

India 114
article thumbnail

Strategy Roundtable: Try To Get At Least $2M Pre-Money In Seed Round Valuation

ReadWriteStart

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