Remove 2005 Remove Customer Remove Revenue Remove Viral
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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

He’s been at it since 2005. We should end the year with a few million in fully recurring revenue and we’re projected to double next year. But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. I founded it in 2005 at the age of 37.

Founder 329
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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The project was a little unexpected – creating customer cereal boxes called Obama-Os and Cap’n McCains, timely for the 2008 elections. The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. And it’s a definite win-win for the customers and the manufacturer.

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It’s Morning in Venture Capital

Both Sides of the Table

In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year.

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How to Raise Money – It’s a Journey Not An Event

Steve Blank

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Better answer, “Because I’m the customer.”)

Cofounder 431
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LinkedIn's Series B Pitch to Greylock: Pitch Advice for Entrepreneurs

reidhoffman.org

we had no revenue. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue. We are the leader in the professional domain with viral growth. Instead, our strategy was to steer immediately into the revenue question because that was the top concern of investors in 2004.

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16 Common Mistakes Young Startups Make

mashable.com

Your first product will likely be just a little bit ugly, and thats okay — its part of getting to market quickly and testing your idea in front of live customers. I watched a great video with Barbara Corcoran, called " How to get more customers, step 1." Assuming Virality. "A Services dont spontaneously go viral.

Cofounder 111
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Google VP: Here's How to Get Bought By Us

mashable.com

And maybe you heard of a tiny Linux-based mobile software designer Google bought in 2005, called Android Inc.? GLIIF’s initial offering includes a brand-able and blend-able custom encrypted image at a low cost of entry, pre re-direction marketing services and full analytics. viral video. viral videos. Social Media.