ReadWriteStart

SEPTEMBER 6, 2019

One of Silicon Valley’s most compelling attributes is its lack of interest in the traditional bottom line. While most companies focus on revenue and profitability, Silicon Valley leaders tend to view valuation as a success barometer. But we can learn from Silicon Valley about blockchain Adoption.

Silicon Valley 103

Silicon Valley Artificial Inteligence Database SQL 103

Berkonomics

OCTOBER 5, 2023

How about young or pre-revenue companies? Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. And we were able to secure that investment along with a partner from that firm joining our board.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

Steve Blank

APRIL 23, 2014

For decades large companies have gone shopping in Silicon Valley for startups. buy out an entire company for its revenue and profits. Silicon Valley – a Corporate Innovation Candy Store. The founding team is testing for the right combination of product, market, revenue, costs, etc. Lessons Learned.

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Acquisition Intellectual Property Silicon Valley Startup 332

YoungUpstarts

SEPTEMBER 12, 2018

Robust startup economies are popping up in communities all over the country, proving that entrepreneurs can succeed outside of Silicon Valley. flexibility, camaraderie, close collaboration with company leadership, building something new), along with the benefits of your location – specifically for those outside of Silicon Valley (i.e.

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Hiring Technical Review Silicon Valley Due Diligence 100

Startup Professionals Musings

APRIL 22, 2023

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get from time to time is “Can I ever expect any backing from my bank for a great opportunity?”

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Equity Silicon Valley Finance Early Stage 303

The Startup Magazine

JANUARY 8, 2019

In 2010, Kranthi was hired as a full-time software engineer by International Technological University (ITU), the Silicon Valley industry-oriented school where he had earned his second MS degree. The software generates instant dynamic reports, such as financial revenue, gender ratio, and more. Looking to Solve Problems.

Technical Review 122

Technical Review CTO Hire Silicon Valley Software Engineering 122

Startup Professionals Musings

AUGUST 25, 2018

These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectual property, investors, and revenue. In addition, global scaling will likely require additional investors, who will demand to see real revenue and customer demand.

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Technical Cofounder Intellectual Property Silicon Valley LLC 184

YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. 93% of startups that scale prematurely never break the $100k revenue per month threshold.

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Silicon Valley Software Review Startup Cofounder 189

Both Sides of the Table

JULY 6, 2016

Silicon Valley itself was built on the sciences with a foundation of trial-and-error and then improving the model and trying again. I believe this scientific method and trial-and-error approach is one of Silicon Valley’s most valuable strengths. Could big business accept its own creative destruction?

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South Korea Silicon Valley Los Angeles Japan 261

Scalable Startup

MARCH 10, 2014

I’ve worked and lived in Silicon Valley off and on for over 30 years (really!) >> Drive the hills between Silicon Valley and the coast, go to the Half Moon Bay for dinner on the pier. >> If you do some of the above, I guarantee your trip to Silicon Valley will be much better.

Silicon Valley 22

Silicon Valley Technical Cofounder Cofounder Early Stage 22

Startup Professionals Musings

JULY 27, 2020

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. All banks are looking hard these days to get back in the game, and certain ones, like Silicon Valley Bank, are more focused on small businesses.

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Silicon Valley Equity Startup Finance 406

Both Sides of the Table

OCTOBER 15, 2014

Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). So why did Larry need to return?

Founder 309

Founder CTO Hire Silicon Valley Leadership 309

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings.

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Lean Burn Rate Startup IPO 335

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” They’re putting money into web services/business – most without early revenue. End of theory.&#

Customer Development 223

Customer Development Web Developer Customer 223

Steve Blank

FEBRUARY 11, 2010

Later I realized six salespeople without revenue to match was a proxy for an out of control burn rate that now had the boards serious attention. they’re furthest from the Silicon Valley corporate office and any oversight.). These “friends and family orders” made the first nine months of their revenue plan.

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Burn Rate Silicon Valley Marketing Boston 249

Steve Blank

SEPTEMBER 7, 2009

Instead of a Sales team and organized to sell with a consistent and successful sales roadmap generating revenue, it is a disorganized and unhappy organization burning lots of cash. Because the company based its headcount and expenses on the expectation that the Sales organization will bring in revenue according to plan. Order Here.

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Customer Development Developer Customer Silicon Valley 228

Steve Blank

JULY 30, 2014

their burn rate (the amount of money they’re spending monthly minus any revenue coming in) and. In large companies, the employees are no less smart, but the organization is optimized to deliver repeatable products, revenue and profits. First, most Silicon Valley startups were (and primarily still are) technology-driven.

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Customer Development Design Developer Customer 335

The Equity Kicker

MAY 9, 2016

The bit I liked the most described the role of Stanford in getting Silicon Valley going in the late 1950s. Silicon Valley started in the small district of Palo Alto and the emergence of Tech City here in East London has been similarly important. We focus on ecommerce and marketplaces.

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Silicon Valley Venture Capital eCommerce Startup 60

Startup Professionals Musings

FEBRUARY 23, 2018

I learned this the hard way, when I left IBM a few years ago to share what I had learned with the exciting world of startups in Silicon Valley. Adopt a project-based revenue model with metrics. Startups need outside experts who can do the work, as well as relate to the challenges of a new business.

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Silicon Valley Social Media Software Review Leadership 140

YoungUpstarts

JULY 16, 2019

Vancouver has a situated tech market with a direct line to Silicon Valley. This generated $16 billion in annual revenues in 2015. billion in revenue. By 2025, the province wants to generate annual revenue of $4 billion within the tech sector. Job sites such as BCjobs.ca of Canada’s economic output.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

Hippoland

JULY 6, 2018

From that perspective, things have been mostly rosy in the Silicon Valley for startups! except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. This is probably just after the series A in my opinion – where you’re doing perhaps $300k-$1m per month in revenue.

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Hippoland

JULY 6, 2018

From that perspective, things have been mostly rosy in the Silicon Valley for startups! except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. This is probably just after the series A in my opinion – where you’re doing perhaps $300k-$1m per month in revenue.

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Startup Professionals Musings

JUNE 26, 2013

Examples of some leaders in this space include Mike Maples in Silicon Valley and David S. Too many founders today face the conundrum that they need capital to get started, and even Angels defer until after you have your product built, business model proven, and a real revenue stream.

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Angel Investor Entrepreneur Early Stage Silicon Valley 231

YoungUpstarts

MAY 20, 2019

Today, more than one-quarter of all software revenue is derived from the SaaS model, and it is growing twice as fast as traditional software growth. Furthermore, skilled software development teams can be created outside of the Silicon Valley, providing the same result at one-tenth of the price.

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India Silicon Valley Global Software 113

ReadWriteStart

JUNE 9, 2011

And the third was a discussion on Silicon Valley: The Next Decade. Silicon Valley: The Next Decade. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy and is author of the Entrepreneur Journeys book series and Vision India 2020. Discuss.

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Silicon Valley New Jersey Entrepreneur Massachusetts 113

The Startup Toolkit

AUGUST 30, 2012

The vast majority of VC rounds go to revenue generating companies. 60% are for revenue generating companies with a sellable product. We were failing to raise because our business wasn’t there yet. Funding can be a red herring. When you look at the stats, 5% of rounds happen on an idea. 25% during product development.

Silicon Valley 52

Silicon Valley San Francisco New Jersey India 52

The Next Web

SEPTEMBER 13, 2013

Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. The process of raising money in Asia is very different from raising money in Silicon Valley and, frankly, it’s not nearly as easy. Set your expectations – VCs in Asia are different from the Valley.

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Asia Silicon Valley India Term Sheet 132

Austin Startup

JUNE 8, 2017

After investing in 36 lobbyists to win this bill — Uber and Lyft got basically everything they wanted and both Silicon Valley giants turned their apps back on in Austin a few hours later. The Silicon Valley giants have been able to come back into a market they abandoned with very little effort.

Austin 83

Austin Silicon Valley Technical Review Software Review 83

Austin Startup

MARCH 15, 2017

By the time Silicon Valley white privilege culture, tech magazines that promote only white faces, Ethereum/Bitcoin fanboys, sellout black tech wannabees and globalists promoting their blockchain consortium get a hold of this article, it’s already too late and the game already ended a while ago.

Technical Review 54

Technical Review Silicon Valley Software Review XML 54

Feld Thoughts

AUGUST 25, 2015

Some were Silicon Valley early stage companies, such as Apple, Quantum, and Masstor Systems. while none of the non-Silicon Valley regional firms were long-term successful as regional firms. However, none were based in the Silicon Valley and are probably unfamiliar names to today’s practitioners.

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Venture Capital SBIC Technical Review Silicon Valley 70

Austin Startup

NOVEMBER 29, 2017

It follows up on my posts discussing why early stage startups should — or should not — move to Silicon Valley. In terms of access to capital, Austin is not Silicon Valley or New York — but it is Austin. If you’ve just exited or realised stock options from a Silicon Valley success story, moving out of state is worthwhile.

Early Stage 48

Early Stage Austin Silicon Valley Texas 48

Startup Professionals Musings

APRIL 24, 2011

Your friends and family are really the only answer until you have a significant revenue stream. Back to VCs, Silicon Valley venture capital firms are still the most active. Use friends, family, and angels, if possible, to get a product, revenue, and customers first before the VC connection.

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Venture Capital Revenue Elevator Pitch Silicon Valley 233

Steve Blank

MAY 11, 2021

Dozens of outreach programs across the military now offer quick revenue to early-stage companies. Historically, more than 80% of new entrants exit the defense market before they have a chance to see recurring revenue. Is the company prepared to endure revenue gaps? billion in early funding. Recently public enterprise-AI firm C3.ai

Artificial Inteligence 337

Artificial Inteligence Marketing Startup Silicon Valley 337

Reid Hoffman

JULY 12, 2017

Silicon Valley has a remarkable track record of producing valuable technology companies. Of the 13 high-tech companies in the world that are worth over $100 billion, six of them hail from Silicon Valley. So the question on many minds is, “Where is the next Silicon Valley?”. of the world’s population!

Silicon Valley 28

Silicon Valley San Jose San Francisco Mexico 28

Berkonomics

AUGUST 10, 2017

Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. Why did the company abandon a profitable market, even if it could not generate $100 million a year in revenues?”.

Silicon Valley 97

Silicon Valley Burn Rate Angel Investor Down Round 97

ConversionXL

FEBRUARY 3, 2022

Once you’ve established your ideal customer, you can better focus your growth hacker marketing efforts to improve revenue and ROI. In the revenue phase, measure these performance metrics: Customer acquisition cost Customer lifetime value Monthly recurring revenue (MRR) Repeat purchases Revenue churn. Image source.

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Retention Marketing Acquisition Channel 113

ReadWriteStart

MAY 5, 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.

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Costa Rica Incubator Silicon Valley India 115