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Failure and Redemption

Steve Blank

90 days later, I found out our games are terrible, no one is buying them, our best engineers started leaving, and with 120 people and a huge burn rate, we’re running out of money and about to crash. Redemption. Now when I listen to entrepreneurs who’ve cratered a company, I listen for their stories of failure and redemption.

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Failure and Redemption

Steve Blank

90 days later, I found out our games are terrible, no one is buying them, our best engineers started leaving, and with 120 people and a huge burn rate, we’re running out of money and about to crash. Redemption. Now when I listen to entrepreneurs who’ve cratered a company, I listen for their stories of failure and redemption.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

John Berger, Director Operations & Impact Solutions, Toniic , observed that this has clear investor benefits: “ The grace period became a feature because it benefits investors in regions like the US where there can be tax differences between short and long term gains. Payments are commonly delayed for a grace period of 12-36 months.

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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Real-time points and mileage redemption appeared at the POS, first introduced over a decade ago and now going mainstream. Engineers initially failed to understand the new possibilities of the new paradigm. CRM became more sophisticated, resulting in detailed monthly statements and targeted direct marketing.

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30 Entrepreneurs Share The Movies That Motivates Them

Hearpreneur

#7- Steve Jobs' Biography Photo Credit: Josh Riutta A movie that inspires me is the biographical of Steve Jobs, who was initially neither a computer programmer, marketer, nor engineer, but without whom Apple would not exist. 19- The Shawshank Redemption Photo Credit: Shawn Stack The Shawshank Redemption.

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Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

Founders can repurchase up to 90% of this ownership via monthly redemption payments starting 12-36 months after investment, determined based on gross revenues and lasting up to a 3x repayment. We determine a salary cap with the founder based on a software engineer in the closest major city. redemption, revenue share, etc.)

Equity 78
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How to Raise Prices for Existing Customers

ConversionXL

a price rise of 1 percent, if volumes remained stable, would generate an 8 percent increase in operating profits (Exhibit 1)—an impact nearly 50 percent greater than that of a 1 percent fall in variable costs [.] This is the worst-case scenario: You need to reverse-engineer a consumer benefit to meet business goals.

Customer 121