Both Sides of the Table
MARCH 25, 2016
It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money.
Up and Running
APRIL 18, 2014
In the early 1990s, my brother was working for a company that was going through the roof selling shareware software via catalog. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. says HourlyNerd co-founder and co-CEO, Rob Biederman. “So David’s advice.
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YoungUpstarts
OCTOBER 28, 2015
Startups need to understand how to manage the seed money they receive from investors and VCs. A major reason for incorporating is to have the founders assign their IP to the company; it is far easier for a business to contract with a startup when the IP is owned by one entity. Board and Stockholder Votes. .”
Both Sides of the Table
DECEMBER 27, 2011
At this level, as a founder you feel SO CLOSE to profitability that many say, “I’m going to keep my costs really low this year to try and hit profitability. The first company represents a normal software company that sells its products directly (either via sales staff or directly off of the internet). Not necessarily.
ReadWriteStart
JUNE 18, 2014
Founder.org founder Michael Baum. In Paris today at the World Founder Forum he announced the top 10 student team winners who split $1 million in seed money prizes. For example, you were one of the first enterprise software freemium models. What did you think you were doing with that? They laughed at us.
Up and Running
MAY 12, 2015
Drawing on advice from our own Tim Berry, founder of Palo Alto Software and Josh Cochrane, our VP of Product Development, I’ve broken down a few of the different options for entrepreneurs looking for feedback on their pitch. The three who agreed to do it had some semblance of a relationship with the founders beforehand.
Both Sides of the Table
NOVEMBER 18, 2012
You’d imagine that every founder was getting rich. Actually, positive outcomes for founders are quite rare. As a startup founder you rarely have much money in your bank accounts. You have secret doubts about your co-founder. So you ask why on Earth being a founder is stressful? It’s not.
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