article thumbnail

How Well Versed Are You In Startup Investor Jargon?

Startup Professionals Musings

Ron Conway , of SV Angels, and Reid Hoffman , LinkedIn's founder, are names often mentioned in this category. Sweat equity. Startup founders typically invest some real dollars into their new startup as well as months or years of their time with no salary. Deep-dive meeting. Ramen-profitable. Growth-hacking” marketing.

article thumbnail

Startup Fitness

A Smart Bear: Startups and Marketing for Geeks

This is a guest post by Mike Schoeffler, founder of iPhone running application Roadbud. As founder of a run/bike app startup, I can write off my workouts. I have a ready excuse for squeezing in a little “sweat equity” — I need to get in shape to know my customers’ issues.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I Rejoiner spent $0 on their MVP.

article thumbnail

How To Find A Technical Cofounder For Your Online Business Idea

www.virtuosimedia.com

This article should also serve as a starting guide for programmers who are approached about becoming technical co-founders. It’s simply an untenable situation to expect the technical co-founder to assume the full burden of risk through sweat equity. Best of luck to you in your startup venture. We are where you are.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We An engineer by training, Founder and CEO Larry Gadea built the MVP of Envoy’s first product, Visitors, by himself using only free versions of software. “I Rejoiner spent $0 on their MVP.

article thumbnail

Things to Avoid When Recruiting Co-founders

grasshopperherder.com

We’re testing a viral loop, direct sales, and affiliate marketing.&# If you’re waiting for a technical co-founder to put up a landing page with signup form, you’re lazy. Show Metrics If you ask me to be a co-founder or even just a consultant, you’re essentially asking me to invest in your company with my time.

article thumbnail

10 Entrepreneur Comments That Kill Investor Deals

Startup Professionals Musings

It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues. In most cases, viral marketing only begins to work after you prime the pump with several million in real marketing over a couple of years. If we build it, they will come.”