ReadWriteStart

JUNE 1, 2020

Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. Now you may want to scale up your operations or expand your presence. The third reason is to fund your short term operational expenses or working capital.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

FEBRUARY 21, 2012

Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Burn Rate 232

Burn Rate Startup Salary Equity 232

Startup Professionals Musings

SEPTEMBER 14, 2016

Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Startup Professionals Musings

JANUARY 28, 2011

Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Burn Rate 231

Burn Rate Startup Salary Equity 231

ReadWriteStart

OCTOBER 22, 2019

These are highly-skilled people that make up critical parts of your software development teams. And they just announced a new round of funding; $300 million from Salesforce Ventures, pegging the company’s post-funding valuation at over three-billion dollars. Reason One: Software is Eating the World.

Distribution 117

Distribution San Francisco Silicon Valley El Salvador 117

Steve Blank

MAY 9, 2017

And I’ve been lucky enough to watch innovation happen not only in hardware and software but in Life Sciences – in Therapeutics, Medical Devices, Diagnostics and now Digital Health. In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Startup Professionals Musings

FEBRUARY 5, 2010

Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Burn Rate 120

Burn Rate Startup Salary Equity 120

Cracking the Code

SEPTEMBER 12, 2021

As the company announces its $530 million Series F at a valuation of $8.5 billion, it’s clear that Snyk is driving the industry’s shift to a new developer-centric approach to security and is now the undeniable leader in this space. That’s what I found most attractive about software development: building things.

Community 62

Community Cofounder Security Open Source 62

Reid Hoffman

JULY 27, 2021

When I decided I wanted to start a company, I realized that I needed to pick up certain skills first, like product management, knowledge of online services, and a practical understanding of commercial software development. Or maybe valuation depends on growth rates or operating margins.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

When I decided I wanted to start a company, I realized that I needed to pick up certain skills first, like product management, knowledge of online services, and a practical understanding of commercial software development. Or maybe valuation depends on growth rates or operating margins.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

crowdSPRING Blog

APRIL 8, 2012

Entrepreneurs, by definition, take an idea or a concept and strive to make that idea into a operating business. For instance, the use of comparable company data to make projections or imply valuation is one way entrepreneurs can leverage historical fact to help arrive at conclusions. Academics review one another’s work.

Software Review 112

Software Review Entrepreneur Incubator Valuation 112

crowdSPRING Blog

NOVEMBER 30, 2012

Did you know that the physics involved in flippings cats also allow us to operate space telescopes? … Checking In on Foursquare’s Valuation – [link]. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. crowdSPRING Blog – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

discuss.joelonsoftware.com

NOVEMBER 1, 2010

(Not logged on) | Register | Log On Home Discuss Jobs About The Business of Software A community discussing the business of software, from the smallest shareware operation to Microsoft. A part of Joel on Software. This community works best when people use their real names. Please register for a free account.

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

www.paulgraham.com

OCTOBER 23, 2010

I wanted to work in the pure, intellectual world of software, not deal with customers mundane problems. People who dont want to get dragged into some kind ofwork often develop a protective incompetence at it. Some believe only businesspeople can do this-- that hackers can implement software, but not design it. Thats nonsense.

Startup 105

Startup Cofounder Software Stock 105

blog.nahurst.com

JULY 19, 2010

Nathan Hursts Blog Thoughts on Software, Technology, and Startups « Back to blog Im on the technical side of entrepreneurship in NYC. This could also apply to non-exit situations where the non-technical cofounder started a company that is operating successfully and the non-technical cofounder has chosen to move on, etc. [6a]

Technical Cofounder 43

Technical Cofounder Cofounder Equity Salary 43

Ben's Blog

APRIL 28, 2010

Looking across these nearly 50 companies, the study finds that founding CEOs consistently beat the professional CEOs on a broad range of metrics ranging from capital efficiency (amount of funding raised), time to exit, exit valuations, and return on investment. Steve Jobs’ return to Apple provides an excellent example.

Technical Review 78

Technical Review Cofounder Technical Cofounder Software Review 78