Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

ReadWriteStart

JULY 12, 2023

Businesses that want to enhance their customer service operations are increasingly turning to artificial intelligence bots as a means to do so. In a recent Twitter post, Suumit Shah, CEO of the Indian startup Dukaan , revealed that the company had replaced 90% of its support staff with an artificial intelligence chatbot.

Artificial Inteligence 112

Artificial Inteligence Technical Review Software Review .Net 112

YoungUpstarts

NOVEMBER 1, 2019

Startups are all the rage these days with innovative minds coming up with novel ideas and transforming them into reality. But wanting to materialize a product or service and sustaining its operations are two different things. There are a plethora of such tools available online and they’re customized to suit different operations.

Software Review 113

Software Review Startup Azure SEO 113

ReadWriteStart

NOVEMBER 30, 2021

If you’re new to marketing and amid a startup, all of it can seem overwhelming. A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. Choose your Market Audience. Choose a Brand Name.

Developer 159

Developer Marketing Social Media Startup 159

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Both Sides of the Table

FEBRUARY 6, 2013

Final startup grind from msuster. And the folks at Startup Grind have been kind enough to invite me to present this morning in Mountain View on the topic. PMs are a vital part of a tech startup. Without strong PMs you build crappy products that nobody needs or that real people can’t use. figure out roles.

Cofounder 388

Cofounder Early Stage Startup Silicon Valley 388

YoungUpstarts

JANUARY 10, 2020

This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors).

Customer 347

Customer Development Team Review Advisory Board Private Equity 347

YoungUpstarts

JUNE 10, 2013

Assessing the upcoming expenditure and determining your startup budget will be essential for the smooth and problem-free start of business activities. To estimate the startup costs for a new business, you will have to take a look at several different categories of expenditure. Product Development and Marketing.

Cost 183

Cost Startup Web Development Finance 183

The Startup Magazine

FEBRUARY 16, 2022

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. Rosenberg comes fresh from managing the growth of Keyrus, a data consulting company, from 35 to 120 employees. CEO Perspective. Investor Sees Opportunity.

Hiring 141

Hiring Software Review Customer 141

Startup Professionals Musings

SEPTEMBER 14, 2016

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

View from Seed

DECEMBER 6, 2018

Another full-stack short-term rentals startup ? It seems as though in many categories, especially in consumer internet space, a handful of startups pursuing quite similar or even apparently identical ideas launch within months of each other. Another d2c gourmet pet food company ? Another affinity-based co-working space?

Seed Stage 120

Seed Stage Startup Cofounder Stealth 120

Up and Running

SEPTEMBER 15, 2021

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. This includes the design, development, launch, and enhancement of the SaaS application. .

Cost 158

Cost Developer Azure Cloud 158

YoungUpstarts

DECEMBER 7, 2017

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Launching your startup in a down economy doesn’t make it any less likely to last. Focus on Your Minimum Viable Product.

Cost 100

Cost Developer Small Business Administration Marketing 100

The Startup Magazine

AUGUST 11, 2023

These investments are a tremendous help to your startup because they will serve as a stepping stone to reach your target eventually. The fundamental objective and aim of seed investment is to assist a company in launching its operations successfully. With startup funding, these companies can get through this phase.

Seed Stage 130

Seed Stage Technical Review Early Stage Due Diligence 130

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. Many founders or startup teams gravitate toward sales or design.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Both Sides of the Table

MAY 26, 2011

And so things operate on a CYA basis. That doesn’t work in a startup. There’s a certain cadence that you can feel when you spend time hanging any well-run startup company. The startup entrepreneur knows that they’re going to be wrong often. Only half of this adage is accurate for startups. Hiring at a Startup.

Hiring 335

Hiring Technical Review Startup Framework 335

ReadWriteStart

NOVEMBER 30, 2021

If you’re new to marketing and amid a startup, all of it can seem overwhelming. A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. Choose your Market Audience. Choose a Brand Name.

Developer 78

Developer Marketing Social Media Startup 78

The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. Setting an Example for Your Employees. Being a Better Leader.

Analytics 176

Analytics Technical Review Social Media Software Review 176

The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. Startups die due to a variety of causes. In 2007, Paul Graham gave a variety of causes for startup death in How Not To Die. Distraction is fatal to startups.

Cofounder 155

Cofounder Technical Cofounder Technical Review Software Review 155

YoungUpstarts

FEBRUARY 21, 2019

The cost of running a business today can be financially exhausting for companies that range from the simplest startups to the most well-established corporations. Fortunately, developers and tech companies are creating solutions that help businesses reduce operating expenses while simplifying their processes. Go 100% Paperless.

Cloud 113

Cloud eCommerce Security Advertising 113

Startup Professionals Musings

JULY 2, 2022

Both risks and opportunities in this area can arise from many aspects of your startup, before and after product development. Then you walk the delicate balance between burn rates, revenue flows versus expenses, investment in marketing, and employees. Operational.

Burn Rate 382

Burn Rate Angel Investor Operations Demand 382

ReadWriteStart

MAY 8, 2012

Have you thought about joining a startup, but have no idea what you could possibly offer? Perhaps you are looking forward to graduation and want to pick some skills that will help you work for a startup when you leave school. Perhaps it is time to look into Startup School. Startups are not easy. Startups are businesses.

Boston 124

Boston Massachusetts Startup Ruby 124

The Startup Magazine

JUNE 15, 2018

In an effort to support startups looking for capital and mentorship, The Startup Magazine is supporting International Airlines Group (IAG) in its launch of its third Hangar 51 global innovation programme in collaboration with British Airways, Avios and IAG Cargo. Check out the overview video… Startup Benefits.

Technical Review 60

Technical Review Due Diligence Startup Analytics 60

Startup Professionals Musings

JUNE 12, 2020

A good way to start is to create and communicate bite-sized milestones toward your end objective, including product development stages, customer threshold targets, and funding achievements. There is increasing evidence that employee happiness and job satisfaction, including yours, does not scale up with your success.

Startup 319

Startup Employee Matching Product Development 319

Hearpreneur

OCTOBER 10, 2023

It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. Thanks to Jason Williams, Automate Your Life ! #7-

Business Plan 130

Business Plan Jordan Entrepreneur Florida 130

YoungUpstarts

JULY 16, 2019

In 2018, Canada had a record-low unemployment rate and as a result we are seeing more companies, startups and online-based businesses dedicated to serving the niche-jobs industry. Positions for software development and data science continue to expand throughout the industry. The tech job landscape across Canada has continued to grow.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

The Next Web

DECEMBER 2, 2013

We interviewed the heads of the top Web and mobile development companies, incubators, agencies and labs to understand what it takes to design and develop the most successful apps of our generation. Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. 1) Twitter. 4) WhatsApp.

Cost 168

Cost San Francisco New York City Ruby 168

YoungUpstarts

MARCH 4, 2015

It’s no secret that setting goals is critical to achieving any kind of success, and making sure they’re realistic and measurable is vital to maintaining momentum and motivation, especially in the startup game. The challenge for most startups is that they don’t just have a few goals — they have every goal. How OKRs Can Help.

Agile 100

Agile Startup Cofounder Metrics 100

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. My business partner and I made many mistakes in our first tech startup, and so many of them were the result of choosing a lawyer who was a terrible fit. Let me paint the picture for you: We were about two months into our startup idea.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Lessons Learned

APRIL 29, 2013

This post was written by Sarah Milstein, co-host of The Lean Startup Conference. We’re looking for speakers for the 2013 Lean Startup Conference. If you’re a Lean Startup veteran, feel free to skim the beginning, as this is mostly stuff you already know. Last week, we announced that our short application form was live.

Lean 165

Lean Technical Review Startup Software Review 165

Version One Ventures

SEPTEMBER 17, 2013

And often, enhanced business services – such as custom product development or professional installation and consulting – are involved to complete the sale. In these cases, employees feel a particular pain point and find a solution to address it. These acts can often be start of a viral growth curve in the enterprise.

Fractional CTO 154

Fractional CTO Software Review Viral Sales Cycle 154

Startup Professionals Musings

MAY 30, 2022

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Very few startups are cash-rich enough to self-finance aggressive second-stage growth. Switch your attention from product development to sales.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Both Sides of the Table

MAY 27, 2013

He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. Startup Advice' Rob is one of the most driven and successful CEOs I work with. And by now we all consider him a friend.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

ReadWriteStart

FEBRUARY 22, 2022

The niches these companies operate in are also directly connected to the R&D investment by industry: high tech, media, and telecom are the top-second industries investing most in research and development. Research and development also create a safer user experience, which is crucial, for instance, in the automotive industry.

Offshore 140

Offshore Demand Germany Global 140

Startup Professionals Musings

SEPTEMBER 1, 2019

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Very few startups are cash-rich enough to self-finance aggressive second-stage growth. Switch your attention from product development to sales.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

Steve Blank

MARCH 4, 2014

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

IRR 335

IRR Startup Business Model Agile 335