The Startup Magazine

FEBRUARY 2, 2023

As part of The Startup Magazine’s Female Founder Interview series , we interviewed Martha Razo, author of the book, Business Diva: Stories of Women Leading in Business. Martha: Business owners measure their growth by their numbers; revenues, profits, number of employees, the number of locations they own, etc.

Founder 165

Founder Technical Review Balance Sheet Analytics 165

Steve Blank

SEPTEMBER 16, 2014

How do you figure out what’s the right mix of skills for the co-founders of your startup? “After reading your post on Why Founders Should Know How to Code it looks like web/mobile startups have it easy. Trying to figure out what the right set of co-founders isn’t so clear. Are We Missing A Founder?

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? Revenue-Based Flexible VCs.

Equity 78

Equity Revenue Cofounder Colorado 78

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

The Startup Magazine

MAY 13, 2022

Equity distribution among co-founders may be a complex procedure while starting any business. How you split founder startup equity can be even harder for a tech startup due to different roles and contributions from the founders. You can utilize a co founder equity calculator to properly divide equity amongst co-founders. .

Equity 143

Equity Founder Vesting Cofounder 143

Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. Within 5 years I was on the board of real businesses with meaningful revenue, strong balance sheets, no debt and on the path to a few interesting exits. Until we weren’t. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. I am having fun again.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

Both Sides of the Table

JANUARY 4, 2014

Nowhere is the politics more difficult than with co-founders, which is why for years I’ve spoken publicly about “ the co-founder mythology.” ” Of course we all go into businesses expecting to be aligned with our co-founders but over time life changes. Equity for the future? We discussed it as a group.

Founder 340

Founder Sacramento Cofounder Technical Review 340

YoungUpstarts

MARCH 14, 2017

by Eliot Burdett, co-founder and CEO of Peak Sales Recruiting , and author of “ Sales Recruiting 2.0: In working with them, we have identified the top 4 reasons a diverse sales team will boost revenue this quarter: 1. Connect Better with Customers. That is why it is critical to search beyond your usual network.

Revenue 124

Revenue Sales Cofounder Technical Cofounder 124

VC Cafe

FEBRUARY 27, 2024

A founder asked me what makes a $2M round “pre-seed”? especially if the startup already has a product and revenue? To reduce the impact of dilution, the expectation is that startup valuation should more or less double between the pre-seed to the seed, and seed to series A (ideally backed by reasonable traction/ revenue multiples).

Valuation 186

Valuation Software Review Generative AI Technical Review 186

Both Sides of the Table

OCTOBER 15, 2014

Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). I like technical founders so this wasn’t an issue.

Founder 309

Founder CTO Hire Silicon Valley Leadership 309

David Teten

MARCH 5, 2021

All of the 40 companies’ 92 founders were male. based founders, 35 were white* American; four were white immigrant/first generation, from France, Ukraine, Russia and Iran; and four were Indian immigrant/first generation. Of the 19 Western Europe/Israel-based founders, all were white. Of the 43 U.S.-based

Cofounder 78

Cofounder Founder Technical Cofounder Technical Review 78

VC Cafe

MARCH 1, 2024

Most startups equate the process of fundraising to dating – founders have to typically kiss a lot of frogs until the find the right fit. Digital Wallets – Digital wallets could grow select vertical software platforms’ revenues to $27-$50bn in 2030.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Both Sides of the Table

AUGUST 11, 2021

Digital advertising spend is projected to grow 25% this year to $191 billion, and Google (69%), Facebook (59%), Snapchat (116%) and Twitter (87%) all just reported rapid growth in their year over year advertising revenues. founders, marketers, investors?—?and Founders, marketers and growth leaders?—?join

Founder 424

Founder Product Cofounder Acquisition 424

The Startup Magazine

OCTOBER 5, 2018

As part of The Startup Magazine founders interviews, we sat down with Lee Thompson and Radha Vyas, the co-founders of Flash Pack , a lifestyle travel company specialising in adventure trips for solo travelers in their 30’s – 40’s. . Flash Pack turned over its first £ 1 million in 2016/17 and grew to £4 million revenue in 2017/18.

Flash 105

Flash Founder Cofounder Angel Investor 105

Startup Professionals Musings

MAY 22, 2020

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

VC Cafe

OCTOBER 23, 2022

The CEO shared the revenue target for the year at X, and the revenue target for next year at 3X. The discussion that ensued was insightful and I thought it would be worth sharing it here for founders who are dealing with a similar issue. One of the board members asked a simple question: “Why is revenue our North Star KPI?

Metrics 179

Metrics Revenue B2C Portfolio 179

Startup Professionals Musings

MAY 14, 2023

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

FEBRUARY 18, 2023

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Startup Professionals Musings

OCTOBER 16, 2022

Supportive co-founder and executive positions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. They want to share your satisfaction in success, maybe as a reward for their own mistakes and learning earlier in life in their own businesses.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

YoungUpstarts

DECEMBER 1, 2017

by Angela Leavitt, founder of Mojo Marketing. The end of the year is approaching but many businesses have yet to meet their end-of-year revenue goals. Angela Leavitt is the founder of Mojo Marketing. If you’re like many business owners or sales leaders, you may be sweating.

Revenue 127

Revenue San Diego Technical Review Dividend 127

YoungUpstarts

DECEMBER 21, 2021

You can turn one book into 7 or more figures in revenue for your business. Michael Shreeve, founder of Peaceful Profits, shares how you can. The post How To Turn One Book Into 7+ Figures Of Revenue For Your Company appeared first on Young Upstarts.

Revenue 246

Revenue Founder 246

View from Seed

NOVEMBER 18, 2020

You can read various articles out there which will give you the cursory facts about Airbnb like their overall revenue or profitability or how their business has faired here in 2020 in the COVID environment. But ops & customer support is another 17-20% of revenue and arguably you couldn’t run the business if you took that away.

North America 401

North America IPO Prospectus Europe 401

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? Few people like talking about their mistakes, but thankfully nine founders took some time to share some of their hard-earned knowledge with you. Find your niche.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Steve Blank

JANUARY 17, 2023

But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. Firms asking for greater than 60% are actually hiring an employee rather than a founder.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

Startup Professionals Musings

SEPTEMBER 16, 2023

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Incorporating a business entity early through online services.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

The Startup Magazine

JANUARY 7, 2020

As part of our ongoing Female Founders series , The Startup Magazine asked Terry Foudray, CEO and co-founder of IoT solutions provider, RUMBLE, for her views on the continued digitization of our physical world. Founder and CEO, RUMBLE. Terry Foudray, CEO and co-founder RUMBLE. TERRI FOUDRAY.

Founder 86

Founder Technical Review Advisory Board Cofounder 86

Steve Blank

APRIL 26, 2022

They offered desperate founders more cash but insisted on new terms, rewriting all the old stock agreements that previous investors and employees had. Startups that can’t find product/market fit and/or generate sufficient revenue and/or lacked patient capital are scrambling for dollars – and the bottom feeders are happy to help.

Cram Down 404

Cram Down Founder Venture Capital Recapitalization 404

Hunter Walker

NOVEMBER 16, 2020

So I recently re-shared a 2019 blog post where I’d basically advised founders who’ve raised seed capital to worry less about “how will I raise the next round” and more about “how will I execute my plan?” Have they definitely de-risked every part of their business? Not a chance. HW: All fair points.

Founder 124

Founder Cofounder Metrics Technical Review 124

This is going to be BIG.

AUGUST 21, 2014

No one wants to be *that* founder--the non-technical founder poking around developer meetups asking for a unicorn with a Github account. What may wind up happening is that they can help get that first developer in, potentially mentor them a bit and join your company when you get enough revenue or funding to be a little more de-risked.

Founder 120

Founder Software Developers Software Development Venture Capital 120

The Startup Magazine

NOVEMBER 22, 2022

Catherine Mandungu is the founder of Think RevOps , a company that began as the pandemic was brewing. She realised the revenue operations market was booming, especially within the tech industry, and therefore wanted to explore what is largely an untapped market within the UK and Europe. Reducing revenue leakage. These goals are.

Congo 136

Congo Technical Review Africa Netherlands 136

YoungUpstarts

JANUARY 11, 2021

by Swapnil Shinde, Co-Founder and CEO of Zeni. Don’t rely on spreadsheets to track revenue and expenses; start using accounting tools as soon as possible. Do you categorize your revenue and costs using departments and classes? Don’t use cash basis accounting; track revenue and costs on an accrual basis.

Small Business 208

Small Business Startup Cofounder Vertical 208

Up and Running

OCTOBER 7, 2019

However, as a founder of a small business or startup, you’re juggling many things. KPIs Every Founder Should Track. Revenue growth rate: measures the month-over-month percentage increase in revenue and is the most common and important metric for startups. “What gets measured gets done.” . Sales KPIs.

Founder 71

Founder Retention Metrics Technical Review 71

Startup Professionals Musings

FEBRUARY 14, 2022

For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. Don’t attempt to scale it until you have a proven repeatable business model that predictably generates revenue. Process myth: Why building a product leads to failure.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

This is going to be BIG.

MAY 27, 2014

It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company. Then, I read about the idiotic comments made by a co-founder of Rap Genius. Perhaps we all should. No, probably not.

Term Sheet 143

Term Sheet Founder Cofounder Software Review 143

The Next Web

JANUARY 22, 2014

Our report last week on the salaries that startup founders pay themselves stirred up a lot of discussion here on The Next Web, Hacker News , Twitter and beyond. Startup revenue and founder salary. Startup revenue and founder salary. The closest tie between founder salary and another datapoint was found in revenue.

Salary 152

Salary Founder Entrepreneur Burn Rate 152

Steve Blank

MARCH 16, 2016

To most founders a startup is not a job, but a calling. Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). (BTW, What does this mean for startup founders? Here’s the thing most founders miss.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Up and Running

JULY 18, 2017

As a founder, you’ve probably been focused on writing your business plan , building out your financial forecasts to position yourself to get funding, and managing the day-to-day minutia of running a business. Founders of young organizations sometimes feel like they’re under a microscope. It’s not going to happen overnight.”

Founder 115

Founder United Kingdom Leadership Washington 115