Up and Running
APRIL 18, 2014
In the early 1990s, my brother was working for a company that was going through the roof selling shareware software via catalog. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. says HourlyNerd co-founder and co-CEO, Rob Biederman. “So David’s advice.
Both Sides of the Table
MARCH 25, 2016
It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money.
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Scalable Startup
AUGUST 9, 2018
In their quest for sustainable growth, the elusive dream for most first time founders is that first funding. High growth startup companies need seed money to get things going. This can either come from the founder(s) own bank account or from outside investors. Without funding most tech startups will die. high growth.
Both Sides of the Table
NOVEMBER 18, 2012
You’d imagine that every founder was getting rich. Actually, positive outcomes for founders are quite rare. As a startup founder you rarely have much money in your bank accounts. You have secret doubts about your co-founder. So you ask why on Earth being a founder is stressful? It’s not.
Up and Running
MAY 12, 2015
Drawing on advice from our own Tim Berry, founder of Palo Alto Software and Josh Cochrane, our VP of Product Development, I’ve broken down a few of the different options for entrepreneurs looking for feedback on their pitch. The three who agreed to do it had some semblance of a relationship with the founders beforehand.
Both Sides of the Table
APRIL 3, 2010
Chris Dixon provided some commentary on Twitter that he believes I missed “the most important point about fund size.&# He’s specifically referring to his point of view that entrepreneurs shouldn’t take seed money from “big VC’s&# (he defines them as > $100 million). You raised angel money.
Gust
OCTOBER 2, 2014
You’d imagine that every founder was getting rich. Actually, positive outcomes for founders are quite rare. As a startup founder you rarely have much money in your bank accounts. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum.
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