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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

And we did, until the internet came on the scene a couple of years later and left us holding our floppy disks in our hands. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. says HourlyNerd co-founder and co-CEO, Rob Biederman. “So We thought, “Hey, we can do that!”

Detroit 156
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

Internet scale. At this level, as a founder you feel SO CLOSE to profitability that many say, “I’m going to keep my costs really low this year to try and hit profitability. The first company represents a normal software company that sells its products directly (either via sales staff or directly off of the internet).

Startup 418
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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

The other day, I noticed an eye-catching headline: "Internet Funding Boom Ends as Fast as It Began". Did I mention it only took the founder a month? Television disruption seems right around the corner, with Apple working on the in home viewing experience and lots more consumers getting internet connected devices plugged into their TVs.

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4 Tips For Startups During A Pandemic

YoungUpstarts

by Juan Pablo Segura, President and Co-Founder of Babyscripts. Contributing seed money to an employee’s HSA or 401K, or instituting a match program for contributions, can encourage employees to save. In the rapidly changing climate of a pandemic world, corporations have had to radically rethink their strategies for survival.

Startup 287
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Should you raise on convertible notes or do an equity round?

Hippoland

A reader named Turner Dean recently asked me whether it’s better to raise seed money on convertible notes or straight-up equity. In general, I’m a big fan of convertible notes or convertible securities for seed stage founders. This should be basically free. To learn more secrets and tips, subscribe to my newsletter.

Equity 48
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A Year in Review: 2016

Version One Ventures

At the same time, seed money is still abundant due to the proliferation of micro VC over the past few years. The challenge here is that founders – having an easy time raising their seed rounds and maybe Series A – can be lulled into thinking that each subsequent round will be just as easy.

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Where to Get Feedback on Your Business Pitch

Up and Running

Drawing on advice from our own Tim Berry, founder of Palo Alto Software and Josh Cochrane, our VP of Product Development, I’ve broken down a few of the different options for entrepreneurs looking for feedback on their pitch. The three who agreed to do it had some semblance of a relationship with the founders beforehand.