ReadWriteStart

OCTOBER 7, 2010

A lot of money can be made with this product, and Rajan needs to build it without any outside capital - that is, with customer money - that is, with revenue - for a long while yet. I know Silicon Valley and the MBA types look down upon lifestyle businesses. Value Of Insight Consulting, Inc. I encouraged Todd to keep building.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. One theme seems to come up over and again, especially from geographies outside Silicon Valley: lack of a reliable pipeline of deals. Incubator photo from Geograph.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

ReadWriteStart

JUNE 16, 2011

You can read more about Freshdesk on the 1M/1M Incubation Radar today. You can also read more about Bizosys on the 1M/1M Incubation Radar today. In fact, they generated $100k in revenues over the last year, since they first pitched at one of our roundtables. They have an opportunity ahead to build a billion dollar company.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

ReadWriteStart

SEPTEMBER 22, 2011

It is no longer Silicon Valley's exclusive domain. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Silicon Valley 124

Silicon Valley Ireland India Entrepreneur 124

ReadWriteStart

MARCH 17, 2011

In Silicon Valley, we've had access to the tribal knowledge, but no one has tried to capture it, derive a methodology out of it, and package it in a way that entrepreneurs around the world can benefit from this knowledge and expertise. With that, let's look at the two entrepreneurs who pitched today from Costa Rica.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. GrillGrate.

India 114

India Silicon Valley Incubator Bootstrapping 114

SoCal CTO

FEBRUARY 20, 2007

Reading the articles and the comments is probably worth it, but I personally think that the NY Times is overstating the advantage of being in Silicon Valley with a couple of exceptions. Of course, thats probably even more true in Silicon Valley. eHarmongy) as an acting CTO.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

ReadWriteStart

NOVEMBER 3, 2011

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. She is a Silicon Valley entrepreneur and strategy consultant. Statisco Economic Analytics.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

JUNE 23, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Spain 115

Spain Entrepreneur India San Francisco 115

ReadWriteStart

APRIL 14, 2011

The 1M/1M premium program offers entrepreneurs access to on-demand educational, business development and incubation resources and strategy discussions with me for $1,000 per year. I am traveling in India over the next several days and will be holding more live roundtables in Mumbai (April 16) and Pune (April 17).

India 126

India Technical Review Entrepreneur Silicon Valley 126

ReadWriteStart

SEPTEMBER 16, 2010

Its mission is to help a million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs. In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

A Crowded Space

SEPTEMBER 18, 2015

Incubators and accelerators are breeding grounds of hype - they put lists of companies out there and have a demo day to display their wares. Notice the distinct absence of little things like revenue, customers, engagement metrics, or gross margin. We try to avoid buying the sizzle when there is no steak. Why does hype occur?

San Diego 60

San Diego Software Review San Francisco Silicon Valley 60

ReadWriteStart

MARCH 24, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

ReadWriteStart

APRIL 7, 2011

At this week's One Million by One Million roundtable, we announced a very important partnership with MAD Incubator, Malaysia for entrepreneurship development in the region. This is our first major partnership with an incubator whereby MAD will adopt the 1M/1M methodology to foster Silicon Valley-style technopreneurship in Malaysia.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

ReadWriteStart

APRIL 1, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

India 119

India Guerilla Entrepreneur New Zealand 119

ReadWriteStart

JUNE 2, 2011

During today's roundtable, we worked with two entrepreneurs and also had a segment on our yearlong engagement with incubators around the world. The 1M/1M team has invested significant resources to engage with and understand the challenges of the Incubator industry around the globe.

Incubator 114

Incubator San Jose Silicon Valley India 114

Steve Blank

NOVEMBER 18, 2016

While these acquisitions have teams of great researchers, they rarely contribute actual revenue generating products (because most never reached that stage when they were acquired.) Before this class this team had spent three months in an incubator building the product after talking to only one customer. Homeslice had a great journey.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

ReadWriteStart

FEBRUARY 24, 2011

I recently wrote a blog post that I believe is worth pointing out in the context of the strategy roundtables: VCs, Angels, Incubators, Accelerators - What Are You Doing With Your Rejects? If you look at the numbers of super angels in Silicon Valley, they are even scarier. A sustainable business = (customer + revenue + profits).

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

ReadWriteStart

JANUARY 13, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) , an educational and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs.

Advertising 116

Advertising SMS Entrepreneur Silicon Valley 116

YoungUpstarts

DECEMBER 5, 2013

She was married to a successful Silicon Valley entrepreneur who ran a couple of major companies and had a brilliant career. In some cases, and this situation is particularly prevalent in places like Silicon Valley and Wall Street where wealth flows abundantly, women quit because there is no real pressure to earn money.

Silicon Valley 266

Silicon Valley Utah India Massachusetts 266

Startup Professionals Musings

JULY 16, 2012

A while back I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seed fund, or a startup incubator, or both. For VCs, early-stage means customer revenue is less than $10M.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

ReadWriteStart

OCTOBER 27, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant.

Entrepreneur 116

Entrepreneur San Francisco Technical Review New Jersey 116

Campus Entrepreneurship

NOVEMBER 19, 2010

Vivek Wadhwa, a leading entrepreneurship researcher at Duke University, offers a piece explaining why so many well intentioned attempts to copy Silicon Valley fail. They commonly tout Silicon Valley and North Carolina’s Research Triangle Park as examples of the success of government-supported clusters.

Silicon Valley 44

Silicon Valley North Carolina Government Incubator 44

YoungUpstarts

OCTOBER 21, 2016

It seems that Silicon Valley is no longer the place to be, and new startups are moving out east. It seems that the incubators in the city are some of the best in the country. Surprisingly, this eastern city has some very good incubators, and its startup companies are generating a lot of revenue.

Boston 100

Boston Romania Silicon Valley Finland 100

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. Amazingly by the end of the program’s eighth week, 8 of the 25 teams had customer revenue. The first 8-week Lean LaunchPad Colombia program.

Colombia 321

Colombia Lean Silicon Valley Coder 321

ReadWriteStart

FEBRUARY 3, 2011

Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond, build $1 trillion in sustainable global GDP, and create 10 million jobs.

Entrepreneur 118

Entrepreneur India Technical Review Los Angeles 118

ReadWriteStart

JANUARY 27, 2011

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. Also, an Incubation Radar profile on CrowdEngineering explains more about this very, very cool company doing crowdsourced customer support.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Steve Blank

JANUARY 4, 2011

I got smarter about the world outside of Silicon Valley, met some wonderful people who made me feel part of their family and shared some thoughts about entrepreneurship. This post is a personal view of what I saw in what I call “Chilecon Valley” — in no way does it represent the views of the fine institutions I teach at.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

Startup Professionals Musings

MAY 1, 2011

Recently I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seed fund, or a startup incubator, or both. For VCs, early-stage means customer revenue is less than $10M.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

Diego Basch

MARCH 14, 2013

I avoid the entertainment industry, and anything where the revenue stream is based on advertising. I’ve been around Silicon Valley for a while so I’m connected to many engineers and investors whom I deeply respect. I recently attended a Demo Day for a well-known incubator. Some lawyers, even.

San Francisco 55

San Francisco Startup Silicon Valley Seed Stage 55

Startup Professionals Musings

JANUARY 12, 2013

Super-angel investors are a new category of investors (like Mike Maples Jr. ), closer to venture capitalists, who are perceived to be more sophisticated, insightful, or well-connected in the startup community, particularly with respect to technology companies in Silicon Valley and other technology centers (also called micro-VCs).

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. Amazingly by the end of the program’s eighth week, 8 of the 25 teams had customer revenue. The first 8-week Lean LaunchPad Colombia program.

Colombia 271

Colombia Lean Silicon Valley Coder 271

Steve Blank

AUGUST 5, 2010

When I first came to Silicon Valley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. Drive for a repeatable and scalable business model (revenue in Dave McClure’s investment thesis, “ network of scale &# in Union Square’s.).

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

DECEMBER 17, 2015

Read part one on the Evolution of Corporate R&D , part two on Innovation Outposts in Silicon Valley , and part three The 6 Decisions to Make Before Setting up an Innovation Outpost. Silicon Valley, Boston). Academics, consultants, incubators. Should the corporation invest, invent, incubate, or acquire?

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

YoungUpstarts

JULY 29, 2013

But they’ll sit up and pay attention when you talk about the customers and revenues of the business. Because we’ve learned the hard way that $100,000, which is six months of runway in Silicon Valley, is a retirement jackpot in half of Southeast Asia. ii.actual REVENUE? You’re in dialogue with the marketplace.

Asia 207

Asia Singapore Cofounder Incubator 207

Gust

JULY 8, 2012

A while back I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seed fund, or a startup incubator, or both. For VCs, early-stage means customer revenue is less than $10M.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177