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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services. They want to see revenue to share in the return. Here I recommend a 5-year projection of revenues, expenses, and funding requirements. Provide specifics on the customer business model.

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What Type of Business Structure is Right for a SaaS, AI or IoT Company?

ReadWriteStart

Why should a founder entertain this idea? And even though an LLC is legally required to report its revenues, profits, and losses, it does not have to pay corporate income taxes on profits. No founder wants to start a business that would only survive for one or two years. Most SaaS , AI, and IoT enterprises are corporations.

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Beware of Premature Merge Elation

Both Sides of the Table

years ago and told me, “I just got offered the chance to buy this company because the founder doesn’t want to continue. How much dilution should I take for it?&# My friend’s company was pre-revenue. I lived through the era of companies doing premature mergers. A merger is not the panacea.

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The top 10 companies investing billions in the Metaverse

VC Cafe

Tim Sweeney, the founder and CEO of Epic is a long term visionary of our online future and the Metaverse. billion revenue in 2021 for Epic Games and was played by 83.3 Tim Sweeney, Epic Games’ founder and CEO. Yuga Labs Pitch Deck: BAYC founders raised $450M from Andreesen Horowitz from Pitch Decks. Here we go!

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. These usually play a role in the very early stage of your business, primarily pre-revenue. Moreover, there is always a possibility of a future merger and consolidation.

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What Type of Business Structure is Right for a SaaS, AI or IoT Company?

ReadWriteStart

Why should a founder entertain this idea? And even though an LLC is legally required to report its revenues, profits, and losses, it does not have to pay corporate income taxes on profits. No founder wants to start a business that would only survive for one or two years. Most SaaS , AI, and IoT enterprises are corporations.

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Further Thoughts on Startup Operations

Both Sides of the Table

. “We’re all equal co-founders and we don’t care about titles.&# I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#. I usually encourage people to think about titles like, “Founder & CTO&# or “Founder & VP Marketing.&#.