Gust

APRIL 13, 2014

Look at the big picture first of development, finance, and marketing/sales. By using this checklist, you should be able to objectively match potential partners with your own needs and expectations. Passion for what they do. In many cases, experts with academic or research credentials are not good partners for a business venture.

Partner 179

Partner Software Review CTO Hire Fractional CTO 179

Gust

AUGUST 19, 2012

Marketing, sales, and partners. Describe marketing strategy, sales plan, licensing, and partnership plans. Make sure your marketing budget matches the scope of your plan. What is the planned exit strategy (IPO, merger, sale, including likely candidates)? Executive team. Exit strategy. What is the timeframe for the exit?

Elevator Pitch 146

Elevator Pitch Exit Strategy Burn Rate Merger 146

Gust

JULY 16, 2014

We split the sale proceeds 90/10, and we were retroactively proven correct in the value we had originally assigned to the company. The effect of this is to retroactively adjust the nominal value we had assigned to your contribution, to match what it turns out to have really been after all.

Stock 167

Stock Startup Matching Revenue 167

Gust

JULY 29, 2012

Match your business to your passion. Exchanging equity for services is worth negotiating with legal counsel, accountants, engineers, and even sales people. Even though the cost of commercial office space is down, you still need to sign long-term contracts, make payments up front, outfit the space, and staff it.

Bandwidth 155

Bandwidth Bootstrapping Equity Startup 155

Gust

OCTOBER 14, 2011

Many startups feel that they must instantly match any new feature offered by a competitor, but that sort of attitude belies a fearful approach, a damning psychology easily communicated throughout the office. A similar culture of rhythmic change should be part of your corporate DNA for many reasons: 1. It instills confidence in your team.

Product 70

Product PR Matching Engineer 70

Gust

SEPTEMBER 17, 2014

Perhaps surprisingly, the components are NOT the traditional coding/business pieces; nor are they even coding/UI/business/sales, or whatever. The 87th investor-entrepreneur matching site with no investors? Broker Louise Sunshine (the sales gal)? How excited am I likely to be when I see a plan for a 2008-model buggy whip?

Coder 147

Coder Web Startup Salary 147