YoungUpstarts

OCTOBER 18, 2017

by Andrew Durlak, Co-Founder & VP of Operations at Scout RFP. If the entire business isn’t caught up on digital transformation, it makes it difficult (impossible, even) for finance leaders to engage in strategic leadership and optimize revenue opportunities by driving ROI from tech investments. Making the first move.

Technical Review 124

Technical Review Finance Software Review Due Diligence 124

Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Until we weren’t. Nobody cared about our valuations any more.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

VC Cafe

FEBRUARY 27, 2024

A founder asked me what makes a $2M round “pre-seed”? While the answers are somewhat semantic, the pre-seed funding round is making a comeback in 2024 startup financing. Not only the bar for seed rounds has gotten higher (as less seed rounds get done) but also the founders prefer to build their company based on milestones.

Valuation 186

Valuation Software Review Generative AI Technical Review 186

The Next Web

SEPTEMBER 6, 2014

He is also the co-founder and CTO at Acquia, a company providing enterprise software for websites and commerce. The sharing and collaboration practices of the internet are extending to transportation (Uber), hotels (Airbnb), financing (Kickstarter, LendingClub), music services (Spotify) and even software development (Linux, Drupal).

Cost 167

Cost Cofounder Open Source Software Developers 167

YoungUpstarts

JANUARY 11, 2021

by Swapnil Shinde, Co-Founder and CEO of Zeni. To avoid these common pitfalls — and set up your finances to support your business as it grows — follow these four accounting tips for startups and small businesses. Do you categorize your revenue and costs using departments and classes? Using cash basis accounting.

Small Business 208

Small Business Startup Cofounder Vertical 208

Startup Professionals Musings

APRIL 11, 2021

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. This oversight can lead to the so-called “forgotten Founder” problem. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

Cost 363

Cost Non-Compete Accredited Investor Cofounder 363

YoungUpstarts

AUGUST 11, 2020

by Shaun Djie, Co-Founder & COO of Digix. Amidst the outbreak, governments across the region, such as Singapore have been promoting the use of digital finance as a means to minimise physical contact and stamp the spread of the virus, channelling more monetary support for the growth of e-payments and digital financial solutions.

Asia 290

Asia Technical Review Technology Singapore 290

YoungUpstarts

DECEMBER 21, 2020

Those in such tricky financial situations may be thinking of taking out a payday loan , however, while this is certainly tempting given the time of year, one startup founder urges consumers not to go down this path, as expensive forms of credit can end you up in more severe financial problems. households.

Cost 147

Cost Founder Startup Finance 147

YoungUpstarts

FEBRUARY 17, 2016

by Donovan Janus, founder of 17hats. When food and shelter are a freelancer’s two heaviest expenses, a conversation about “costs” sounds absurd, no? Unless you breakfast on caviar, truffles and Dom Pérignon in a Mediterranean villa tended by your manservant Basil, your costs can’t be that bad. Shift happens. A Different Breed.

Cost 100

Cost San Francisco Software Review Technical Review 100

Both Sides of the Table

SEPTEMBER 25, 2010

When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. “A startup could also give better deals to investors they expected to help them most&# – That is a quote from Paul on the “high resolution financing&# post.

Finance 286

Finance Term Sheet Technical Review Warrant 286

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. TEC is one of Canada’s largest and most experienced private credit firms, specializing in providing asset-based capital solutions to companies that are underserved or overlooked by traditional sources of financing, primarily banks.

Technical Review 138

Technical Review Due Diligence Bankruptcy Intellectual Property 138

David Teten

MARCH 5, 2021

All of the 40 companies’ 92 founders were male. based founders, 35 were white* American; four were white immigrant/first generation, from France, Ukraine, Russia and Iran; and four were Indian immigrant/first generation. Of the 19 Western Europe/Israel-based founders, all were white. Of the 43 U.S.-based

Cofounder 78

Cofounder Founder Technical Cofounder Technical Review 78

View from Seed

APRIL 14, 2020

VCs are always founder focused no matter the market environment. But in a FOMO world, more investors are willing to take a chance on a founder that they don’t know, but seems to match some of the heuristics of other high quality founders. This gets really challenging if it remains difficult to meet in person or to travel.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

ReadWriteStart

NOVEMBER 20, 2023

Review Your Software Subscriptions “Reviewing your software subscriptions can be a quick way to reduce costs. ” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. ” — Carl Jenson, Founder of Compare Bank.

Software Review 138

Software Review Technical Review Retention Cost 138

YoungUpstarts

NOVEMBER 3, 2020

by Erin Yurday, CEO, Co-founder and Editor of NimbleFins. Consultancy is a career option for professionals in a wide range of industries – marketing, finance, accountancy, architecture, business management, the list goes on. Even if you are not found liable, a legal case can bear considerable costs, both in terms of time and money.

Intellectual Property 165

Intellectual Property Software Review Cofounder Architecture 165

The Next Web

DECEMBER 2, 2013

Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. This means — assuming you already have a laptop — the cost is almost nothing to build the next Twitter. 1) Twitter. But a good developer could make it quicker.”. 3) Facebook. Others would say one million or a much bigger number.

Cost 168

Cost San Francisco New York City Ruby 168

View from Seed

JANUARY 31, 2024

Consequently, nearly every founder is attempting to weave an AI narrative into their ventures, regardless of its necessity or fit, which will likely lead to an unhealthy market environment and potentially drown out genuine opportunities. A less encouraging similarity is the deluge of capital and the suspension of disbelief in the AI space.

Web 168

Web Generative AI Houston Distribution 168

YoungUpstarts

APRIL 16, 2020

See if you and your finance staff can answer these questions: When did my business become unprofitable, and what caused the change? What are my top 3 costs? The ROI on cost savings is more compelling in a downturn, whereas the ROI on sales is more compelling during a growth cycle. Stop founder salaries.

Recapitalization 200

Recapitalization Forecast Software Review Finance 200

This is going to be BIG.

MAY 27, 2014

It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company. Then, I read about the idiotic comments made by a co-founder of Rap Genius. Perhaps we all should. No, probably not.

Term Sheet 143

Term Sheet Founder Cofounder Software Review 143

The Startup Magazine

DECEMBER 27, 2023

Startup founders have a seemingly never-ending list of things to do, whether it’s growing sales, hiring new team members, or marketing your latest product. Since you might be responsible for many of these tasks yourself, thinking about your company’s finances might not be at the top of your list.

Startup 109

Startup Technical Review Reputation Hiring 109

The Startup Magazine

MARCH 7, 2024

Guest Author: Danish Ahmed, Founder of startuptools.ai. From identifying your audience to understanding the market and mapping out your finances, entrepreneurs have found they have a lot to do before building a successful venture. But luckily, gone are the days when entrepreneurs have to spend countless hours on these beginning steps.

Artificial Inteligence 123

Artificial Inteligence Entrepreneur Algorithm Cofounder 123

YoungUpstarts

MARCH 5, 2020

Although founders can often bring a lot of these to the table, finding and securing funding is often required to fill any gaps in the resources required for success. In this article we answer these questions, highlighting 4 of the most common ways to secure finance and when they are best used. Traditional Loan. Payday Loan.

Finance 189

Finance Security Cost Founder 189

YoungUpstarts

SEPTEMBER 24, 2019

by Chen Amit, co-founder and CEO of Tipalti. And accounts payable processing is poised to become even more significant and complex over the next three years, according to the Institute of Finance & Managemen’s research. In fact, suppliers already prefer electronic invoicing formats that drastically reduce operational costs.

Artificial Inteligence 165

Artificial Inteligence Technical Review Cofounder Cloud 165

YoungUpstarts

MAY 23, 2018

Most startups do not fail because they had a bad idea that could not find a market, but rather because the founders and startup teams got overwhelmed or were missing key ingredients to success. Finances are a huge part of startup success or failure, but while a lack of funds is a significant problem, it’s usually not the biggest problem.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

David Teten

AUGUST 19, 2019

Does the traditional VC financing model make sense for all companies? 2018 also had the fewest number of angel-led financing rounds since before 2010. John Borchers, Co-founder and Managing Partner of Decathlon Capital, claims to be the largest revenue-based financing investor in the US. Absolutely not.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Both Sides of the Table

FEBRUARY 12, 2019

why the hell has seed financing declined so much in the past 3 years?? The reality is that as a result of two major trends the costs of starting a technology startup went down massively. Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%.

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

View from Seed

JANUARY 13, 2021

The objection goes something like this: “yes, I can see rookie founders turning to you for a seed round. But won’t all good founders go to established firms that raise series A’s out of the gate?”. Our response was that this might happen. This is because the market actually has changed. Consider this a hat tip.

Dilution 399

Dilution Later Stage Portfolio Technical Review 399

Scott Edward Walker

OCTOBER 19, 2020

In a couple of cases, the founders played lawyer on their own; in the other cases, the founders either used (i) a Web service that did not address IP issues or (ii) an inexperienced law firm. This would arise as a result of a founder improperly “moonlighting” (i.e., Any IP created by a founder (e.g.,

IP 52

IP Software Review Founder Technical Review 52

Both Sides of the Table

FEBRUARY 20, 2019

One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236

View from Seed

APRIL 21, 2015

On the heels of our research on HBS entrepreneurs , NextView’s Dimitri Dadiomov (HBS ’15) interviewed several top founders on the early stages of their companies. Matt Prince , Co-Founder and CEO, CloudFlare (Web performance and security to protect and accelerate websites; $72.1 On Launching and Finding Early Traction.

Founder 120

Founder Las Vegas Entrepreneur Cofounder 120

View from Seed

OCTOBER 24, 2019

As seed rounds have atomized, it’s not uncommon for founders to raise 3 or even 4 rounds prior to a series A. The reality is that if a founder raised every one of these rounds, and lead investors always got their “target” ownership, the level of dilution would be ridiculous. Founders with limited experience. should be avoided.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

Both Sides of the Table

NOVEMBER 14, 2017

MakeSpace (as he named it) would help you get your excess goods into low-cost warehouses. As the idea went from innovating on software & systems to launching a company to rolling it out in the field brought on Rahul Gandhi as his co-founder to physically launch the company. How profitable is my product or service?

Operations 286

Operations New York City Technical Review Startup 286

YoungUpstarts

FEBRUARY 12, 2017

by Andriy Skoropad, co-founder & CEO at Perfectial. Some claim that all possible interactions of finance and technology, which I guess includes credit cards – the 1950’s invention, are FinTech. There’s no longer a need for aspiring entrepreneurs to visit banks or even seek for investors to get financed.

Ruby 210

Ruby Cofounder Finance Campaign 210

View from Seed

MARCH 1, 2016

Are you able to achieve pricing 10 times better than incumbents due to unfair cost advantages? Each financing you raise is to get to the next milestone, so when pitching your startup, some portion of your pitch should include a called shot. “We This data and execution framing technique isn’t limited to financings. then go do X.

Founder 120

Founder Technical Review Cofounder Non-Compete 120

YoungUpstarts

AUGUST 20, 2019

by Chris Grey, co-founder and COO of CapLinked. Finance companies increasingly recognize that their people are the most valuable resource and need to be managed more thoughtfully as well as efficiently. Finance companies now consider mobile oriented tech as part of the core work-flow. Vendors cut costs and get paid faster.

Technical Review 127

Technical Review Software Review Private Equity Cofounder 127

Startup Professionals Musings

DECEMBER 24, 2018

Based on my experience, creating a new business is at least as difficult as creating an innovative solution, and it takes a knowledge of finance, operations, customers and the marketplace. Plan to and assemble the right team, including co-founders. Calculate your projected costs, and double the amount.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

Both Sides of the Table

NOVEMBER 3, 2015

We we backed Team Grove’s mission (Kevin sourced the deal and joined the board) and just encouraged the team not to ramp up costs like many contemporary startups because we’re going to play the long game. Yet it can be personal, low-cost and ubiquitous. eliminating herbicides & pesticides. ” Enter Grove.

Technical Review 150

Technical Review Software Review Founder Boston 150