Startup Professionals Musings

JULY 16, 2017

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” Some people are too independent to be partner material. Neither partner needs to be managed.

Partner 140

Partner Software Review CTO Hire Cofounder 140

NZ Entrepreneur

DECEMBER 1, 2022

With inflation reaching a 30-year high, small businesses across the country will be looking for ways to reduce costs amid cost of living and rising price pressures. With the increasing cost of living, 7-in-10 local SMEs have also noticed changes in consumer behaviour. 2) UNCOVER HIDDEN COSTS. 7) SEEK OUT AN EXPERT.

Cost 88

Cost Small Business New Zealand Technical Review 88

Argona

JANUARY 15, 2024

Organizations can eliminate all these challenges and build a resilient business model when they partner with the top consulting firms. Argona Partners offers professional consulting services enveloping ideation, prototype designing, testing business models, and executing growth plans.

Partner 52

Partner Technical Review Indianapolis B2B 52

Gust

APRIL 13, 2014

The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.

Partner 179

Partner Software Review CTO Hire Fractional CTO 179

Startup Professionals Musings

JUNE 29, 2011

A while back I talked about how and where to find a co-founder in “ Ten Steps in Choosing the Right Startup Partner ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. You may be too independent to be partner material. Compatible work styles.

Partner 240

Partner Software Review CTO Hire Fractional CTO 240

Startup Professionals Musings

MAY 24, 2010

The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal business partner. In this article, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.

Partner 230

Partner Software Review CTO Hire Fractional CTO 230

YoungUpstarts

OCTOBER 25, 2018

Today, Mark Attanasio gets to flex his full range of expertise and interests as co-founder and Managing Partner of Hillcrest Merchant Partners, a Toronto-based merchant bank focused on early stage and mid market growth companies. One of the advisory areas Hillcrest Merchant Partners works in is electric metals.

Partner 113

Partner Technical Review Management Due Diligence 113

Startup Professionals Musings

JANUARY 14, 2022

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. This would be a mistake, and could easily cost you your startup. All decisions will be made jointly.” and the answer better not be ambiguous.

Partner 351

Partner Cofounder Sweat Equity Startup 351

Startup Professionals Musings

JULY 15, 2019

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” Some people are too independent to be partner material. Neither partner needs to be managed.

Cofounder 221

Cofounder Software Review CTO Hire Founder 221

Startup Professionals Musings

APRIL 11, 2021

Early partners or co-founders often drop out of the picture early due to disagreements, and you forget about them, but they don’t forget about the verbal or email promises you made. 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

Startup Professionals Musings

MAY 4, 2011

Your goal is “ coopetition ” - to find a way to partner with your competitor in such a way that both parties can substantially benefit from the other's resources - without stealing customers or damaging anyone's credibility. Cost sharing and economies of scale. You have to take the risk, but keep your wits about you. Possible investor.

Partner 225

Partner Non-Compete Merger Technical Review 225

The Startup Magazine

FEBRUARY 21, 2024

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. The firm has made more than $4.5

Technical Review 134

Technical Review Due Diligence Bankruptcy Intellectual Property 134

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

YoungUpstarts

AUGUST 11, 2020

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

Transformify

AUGUST 16, 2020

Transformify , a UK-based Freelancer Management System (FMS), has partnered up with Xoxoday , an HR Software company based in India that has offices in Singapore, Australia, the US, Ireland and the Philippines, to boost its expansion across Asia. About Xoxoday. of India’, FT top 100 tech companies 2020.

Asia 98

Asia Partner Management India 98

ConversionXL

NOVEMBER 10, 2021

Use content advertising to fight rising costs. Here’s Proquo’s lead generation landing page: By doing this, they’re able to progress prospects through the funnel more quickly, reducing cost per acquisition. The other option is to partner with a PR agency. Grab attention. Build trust. Offer value. But it’s a big step to take.

Advertising 131

Advertising Cost Customer PR 131

YoungUpstarts

SEPTEMBER 30, 2020

A strong third-party risk management strategy will increase transparency, streamline operations, and cut costs. Partnering with vendors offers unique opportunities to fill gaps in expertise, finances, or time. Ins and Outs of Third-Party Risk Management.

Software Review 264

Software Review Technical Review Due Diligence Management 264

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. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous! 1) Twitter.

Cost 168

Cost San Francisco New York City Ruby 168

Berkonomics

OCTOBER 5, 2023

What most managers miss is that every month cut from the time it takes to perform such tasks cuts the cost by the value of a month’s worth of fixed overhead or burn. Ignoring the cost of product for a moment to make a point, saving a month’s fixed overhead by making processes more efficient, could easily double profits for the year.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

Both Sides of the Table

FEBRUARY 12, 2019

why the hell has seed financing declined so much in the past 3 years?? You might like to think that a bunch of savvy venture capitalists saw a market niche for raising smaller funds or perhaps there was a generational shift where disgruntled junior partners spun out of bigger firms to start their own gigs.

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

Up and Running

SEPTEMBER 29, 2022

Find the right partners. So, you need to find mentors, partners, and employees who are. Now, not every business can immediately hire more employees, and you may not have someone you want to bring on as an official partner. Track finances early. Even if you’re not a numbers person, you need to track your finances.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

YoungUpstarts

AUGUST 20, 2019

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. Accounting.

Technical Review 127

Technical Review Software Review Private Equity Cofounder 127

View from Seed

APRIL 14, 2020

With greater perceived risk to follow-on financing rounds, having a co-investor that can share the load of a second seed or a small series B round will be more attractive. But the risk to founders is that these investors may not be very committed partners and might quickly disengage if things go sideways. Business Models and Sectors.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Startup Professionals Musings

APRIL 10, 2019

Image via Pixabay Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. This would be a mistake, and could easily cost you your startup. All decisions will be made jointly.” and the answer better not be ambiguous.

Partner 177

Partner Sweat Equity Cofounder Equity 177

View from Seed

OCTOBER 24, 2019

Or, if you can’t skip a round, when should you try to work extra hard to minimize dilution and when should you be prepared to take more dilution for the right partner/situation? Also, the benefit of raising a pre-seed from great partners probably outweighs the cost. Founders with limited experience. should be avoided.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

YoungUpstarts

NOVEMBER 9, 2018

However, not all companies have the working capital available to offer in-house financing programs. Partnering with a third-party POS financing platform is an attractive solution but finding a partner with competitive rates and reasonable implementation costs can be a challenge. What is POS financing?

Finance 157

Finance Sales Programming Cost 157

David Teten

APRIL 1, 2021

As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? Dan Kozikowski, Partner and Head of Platform, First Mark Capital , said to me, “Firms should match services to the stage-specific needs of companies. This is an open-ended query and the most important question.).

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. Of the Inc. 5000 companies, only 6.5% return cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

APRIL 11, 2022

The canvas is a visual chart with elements describing your value proposition, structure, finances, and customers, to help companies identify and align business activities. Every business needs revenue to provide investor returns and offset costs. Key partners. Every partner has their own set of activities and required resources.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

OCTOBER 23, 2017

For example, inventors need to stick with their creative skills, and find a partner who knows how to build a business around it. That’s a win-win for both partners. Unfortunately, some are so in love with themselves (narcissistic), that they can’t be convinced that anyone else could possibly run their finances, or take on marketing.

Startup 165

Startup Technical Review Partner Finance 165

VC Cafe

JULY 21, 2022

Investment bank Drake Star Partners published a report on the gaming investment and M&A activity in the first half of 2022. Private financing market continued to see strong deal activity with $3.6B in total financings in Q2, surpassing Q1 total through 169 deals. How many people play games in 2022? Over 3 billion.

Forecast 190

Forecast IP Mobile Acquisition 190

YoungUpstarts

SEPTEMBER 4, 2016

From manufacturing to sales to finance, the supply chain routinely fails to command the respect it deserve. On an elementary level, this translates into efficient manufacturing at a lower cost. Learn how these disjointed sources of materials affect your supply chain costs and cause potential delays.

Management 145

Management Forecast Los Angeles San Francisco 145

YoungUpstarts

OCTOBER 7, 2019

You can use invoices, receipts, and contracts in court as proof of non-payment of customers or a proof of settling your payables with suppliers or partners. Top Invoicing Hacks to Keep You on Top and on Track of Your Finances. Invoices also serve as a strong proof of reported income just in case your business gets audited by the IRS.

Software Review 113

Software Review Technical Review Finance Partner 113

Startup Professionals Musings

JUNE 5, 2012

Your goal is “ coopetition ” - to find a way to partner with your competitor in such a way that both parties can substantially benefit from the other's resources - without stealing customers or damaging anyone's credibility. Cost sharing and economies of scale. You have to take the risk, but keep your wits about you. Possible investor.

Non-Compete 241

Non-Compete Merger Technical Review Software Review 241

The Startup Magazine

DECEMBER 21, 2022

Many nonprofits use CRM (Constituent Relationship Management) software nowadays to boost workflow, efficiencies and reduce costs. Not only is social media cost-effective, but it allows organizations to target specific demographics. These influencers are more likely to partner with your nonprofit if they believe in your cause.

Social Media 148

Social Media Government Salary Software Review 148

YoungUpstarts

OCTOBER 28, 2015

by John Vrionis, partner at Lightspeed Venture Partners. This article highlights their advice on issues ranging from financing to patent trolls: While startups may believe lawyers are too costly, working with one early on avoids potentially serious problems later. ” The Cost of Financing. Incorporation.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Both Sides of the Table

FEBRUARY 20, 2019

just having a sparring partner with a vested interest in your success can be useful. It’s not zero calories but with the right board the benefits should far outweigh the time and emotional costs. A-round venture capital firms will almost certainly make it a requirement that they get a board seat upon financing.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236