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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” You need both to survive.

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Why Animated Video Is The Way To Go In This Pandemic Era

YoungUpstarts

There is no definite cure yet. The bigger the team, the greater the cost. Not only that, but they are also immensely cost-effective and timesaving when compared to real-life action shooting. They also have immense viral potential on social media. million people, and claiming 435000+ lives so far. There is no vaccine yet.

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The only 2 ways to build a $100 million business

Version One Ventures

Your business has a high viral co-efficient (or perhaps even a network effect) that lets you amass users cheaply without worrying too much about the monetization per user or spending money on paid acquisition. High LTV can usually be found in transactional or subscription businesses. In addition, churn tends to rise as a company grows.

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Investing in the pillars of the Metaverse

VC Cafe

Can we agree on a definition for the Metaverse? I covered various definitions previously on VC Cafe in “ A very short peek into the Metaverse “ The term metaverse doesn’t describe one specific technology, but rather the way we interact with technology. Tyler Cowen interviews Marc Andreessen on Web3.

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7 Tips On Maximizing Social Media Returns At Low Cost

Startup Professionals Musings

You can jump into social media with a poor brand definition, poorly focused content, unrealistic expectations of customer service, or be killed by malware or viruses. For some customers and many investors, a heavy focus on social networks and viral marketing may be a negative, rather than a positive.

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Startup CTO Speaking

SoCal CTO

Tony provides specific models and suggestions for how startups can leverage social networks for viral growth yet maintain their independence so as not to limit themselves long-term. What does it cost to acquire a new customer? What is our viral spread coefficient? What is our lifetime customer value and how can we drive that up?

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

” How many times have you heard someone agree that “it would be great if someone did X,” but when show them someone did do X, but it costs $39.99, they don’t buy? Marketing and sales spend is nil, so there has to be a reason it spreads by word of mouth, ideally virally as a natural result of using the product itself.