Gust

JUNE 19, 2012

Last weekend I caught Mashable announcing that Ebook Sales Surpass Hardcover in the U.S. Tim Berry , Founder, Palo Alto Software. Tim Berry , Founder, Palo Alto Software. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Startup 180

Startup Forecast Angel Investor Software 180

Gust

NOVEMBER 1, 2011

The selling price can be estimated by establishing a reasonable expectation for revenues in the year of the sale and, based on those revenues, estimating earnings in the year of the sale from industry-specific statistics. OK…let’s split the difference. Let’s assume 20X for purposes of this example. million ÷ 20X.

Venture Capital 161

Venture Capital Valuation Pre-Money Valuation Post-Money Valuation 161

Gust

APRIL 13, 2014

If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Look at the big picture first of development, finance, and marketing/sales. This is probably the best place to apply your “gut” feeling. Complementary skills. Passion for what they do.

Partner 179

Partner Software Review CTO Hire Fractional CTO 179

Gust

APRIL 27, 2014

Software Development Process via Wikipedia. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Gust

DECEMBER 6, 2011

An experienced software engineer, for example, can develop a new mobile app with his or her own resources and market the product on the web with very little capital. The resources required to start a company vary significantly , depending on the type of company and growth rate anticipated by the entrepreneur.

Angel Investor 179

Angel Investor Venture Capital Valuation Software Engineering 179

Gust

NOVEMBER 18, 2012

NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. 500K might be a low estimate.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Gust

JUNE 10, 2012

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Cost 139

Cost Burn Rate SEM Startup 139