Remove Customer Remove India Remove Revenue Remove Sales Cycle
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

During today's roundtable, we had four Microsoft BizSpark Startup India Challenge grant finalists present. Freshdesk First, Girish Mathrubootham from Chennai, India, pitched Freshdesk , a SaaS company that provides small and medium businesses with on-demand customer support software that offers multi-channel social support.

India 123
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Finding new Market Opportunities in Food Business: A Case Study of GOPA Pakistan

Where to Play

Here potential customers are individuals, corporations, and families who can sit-in or organize their events for tea/coffee gathering. A takeaway set up is considered as several customers prefer to drink coffee/tea at home. Food will be delivered to customers e.g. individuals, corporate and family or they can come for a pickup.

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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Next, Umakant Soni discussed Vimagino.com , a software for Web-based Q&A support to engage customers better on sites that are trying to draw people in and convert them into customers. GrillGrate.

India 114
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Bootstrap Mentality: Key Ingredient For Startup Success

YoungUpstarts

Another pro-tip – Keep everything short – small up-front capital requirement, short sales cycles, short payment terms and recurring revenue cycles. These could actually extend your customer base if you use it wisely. The optimal number of hands between a bootstrapped company and the customer is Zero.

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Strategy Roundtable For Entrepreneurs: 2 Really Cool Companies

ReadWriteStart

First up, Vrushali Humnabadkar from Pune, India, presented Penworks, a technical documentation outsourcing service. She has, thus far, not done any other formal customer acquisition initiative. In February, he had about 200 customers. Today, he has over a thousand, and he has chosen to focus on the realtor vertical.

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Strategy Roundtable For Entrepreneurs: 1M/1M Premium Company Freshdesk Wins Funding From Accel Partners

ReadWriteStart

Freshdesk is a social customer support startup offering a SaaS solution to small businesses. Freshdesk aims to do the same in Social CRM and already has paying customers. Read: India's Big Opportunity In SaaS ]. Such long sales cycle businesses find it very difficult to sustain and survive the pre-revenue period.

Partner 113
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Cracking The Code: The Bessemer 10 laws of SaaS - Fall 2008.

Cracking the Code

Only after reaching $1M in CMRR should you consider hiring European sales and services execs behind customer demand. Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. 16 comments: BdH.