Revenue Salary Seed Money Software 
Both Sides of the Table
DECEMBER 27, 2011
If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million.
Both Sides of the Table
JUNE 17, 2017
If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. Revenue When I look at an income statement I start by focusing on the revenue line. You need to understand the “quality” of the revenue.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Next Web
DECEMBER 30, 2013
In January, Denver will become one of the few American cities that allows its residents to purchase and recreationally consume marijuana, a move that is expected to create jobs and generate tax revenue. Colorado houses existing tech giants such as IBM, Oracle and Lockheed Martin, as well as an emerging and thriving startup scene.
www.paulgraham.com
OCTOBER 23, 2010
I wanted to work in the pure, intellectual world of software, not deal with customers mundane problems. Some believe only businesspeople can do this-- that hackers can implement software, but not design it. But it turned outthey didnt like us, because our software was easy to use and we hostedthe site. Thats nonsense.
www.paulgraham.com
APRIL 28, 2010
It wasnt because they werent accredited investors that I didntask my parents for seed money, though. When we were starting Viaweb,I didnt know about the concept of an accredited investor, anddidnt stop to think about the value of investors connections.The reason I didnt take money from my parents was that I didntwant them to lose it.
techcrunch.com
OCTOBER 23, 2010
Options and future value are great ‘add ons’ but not for a welfare check salary until ‘this great idea makes it.’ For both companies, the initial traction enabled raising seed money to get them to a traditional VC investment.) Hopefully your idea of business model isn’t “ad revenue based”.
pandodaily.com
NOVEMBER 29, 2012
They’re cutting salaries and making the last tens of thousands — or if they’re lucky a hundred thousand — last. Meanwhile, there’s been a surge in follow-on seed deals. If you are raising a seed round now, there are a few things you can do to protect yourself. Entrepreneurs are survivors by nature.
Expert insights. Personalized for you.
418 
Let's personalize your content