Occam's Razor

JULY 24, 2018

VPs have a higher altitude, they are paid a ton more in salary, bonus and stock, because they carry the responsibility for making super strategic decisions – impacting tens of millions of dollars. Slice the matrix vertically along the time-to-useful dimension…. Oh, and don’t get me started on time!

Analytics 93

Analytics Framework Metrics Algorithm 93

David Teten

AUGUST 19, 2019

Founder Earnings = Net Income + any amount of founders’ salaries over a certain threshold. If you want to eat ramen, pay yourselves a small salary, and reinvest every dollar into growth, we don’t get a penny and that’s okay. “As your business grows we calculate what we call “Founder Earnings” and Earnest is paid a percentage.

Revenue 60

Revenue Technical Review Software Review Equity 60

Up and Running

AUGUST 6, 2019

The high cost of marketing, salaries, appliances, ambiance, and so on will dry up incoming revenue instantly. Attend events to scout for any opportunities of vertical and horizontal mergers and tie-ups. Taking the idea that “you have to spend money to make money” too far.

Technical Review 86

Technical Review SBA Merger Customer 86

YoungUpstarts

FEBRUARY 20, 2014

They connect buyers and sellers in creative new verticals, helping merchants and non-profits interact with customers or donors. During the same time, the US labor force lost over a million private wage and salary workers. Between 2002 and 2012, enterprises with over 1000 employees lost over a 1 million employees.

Silicon Valley 195

Silicon Valley Non-Compete API Vertical 195

Steve Blank

OCTOBER 5, 2009

As the conversation began to get down to how much stock and salary we could offer van Dam, we left the barber to finish his work and went to a payphone to call our CEO to confirm the deal. We were painting a picture of hypertext on every desktop computer. The response from across the country?

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

Hippoland

JULY 24, 2018

To be clear, this isn’t your salary – this is your budget to run your company. Your salary does come from this number, but you also need to cover salaries of everyone else on your team (if there are others on your team). If your fund is say $10m, then that means you have a yearly budget of $200k.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Hippoland

JULY 24, 2018

To be clear, this isn’t your salary – this is your budget to run your company. Your salary does come from this number, but you also need to cover salaries of everyone else on your team (if there are others on your team). If your fund is say $10m, then that means you have a yearly budget of $200k.

Salary 48

Salary Capital Call Bootstrapping Cofounder 48

Steve Blank

JULY 27, 2009

It turns out that whether they want higher salaries or more help at home, women often find it hard to ask. The women just don’t ask.&# Sometimes they don’t know that change is possible–they don’t know that they can ask.’

Silicon Valley 120

Silicon Valley RSS Technical Review California 120

Austin Startup

NOVEMBER 30, 2017

Alternatively, it may be inevitable to move your HQ to one of the major business centers, especially if other decision-makers in your vertical are based there. As discussed in the post on capital, tech salaries in Austin may be 60–70% of their coastal counterparts for now, but the gap is closing quickly.

Early Stage 48

Early Stage Austin Silicon Valley Intellectual Property 48

Startup Professionals Musings

MAY 22, 2017

Improve reporting structure support (vertical alignment). Rewards must go beyond salary, to include personal positive feedback, and recognition in front of peers. Failed strategies erode your competitive position. You must provide your team with constant training and support on what good execution looks like, and a follow-up process.

North America 136

North America Technical Review Vertical Europe 136

Duct Tape Marketing

AUGUST 25, 2022

It doesn't have to just be a vertical. And so I think within whether it's, it's choosing a market vertical or horizontal or a fixed offer, like you have to find that element in your business, that lows, common denominator, that atomic unit for scale. They had to have a lot of really smart, a lot of really expensive salaries.

Marketing 83

Marketing Framework Vertical Hosting 83

mashable.com

OCTOBER 27, 2010

Here, developers and dev shops are organized by vertical so you can find a shop that has expertise in the kind of app you want to build. You also need to be sure you’re offering fair benefits and salary. Fees for these devs and shops run from under $5,000 to more than $20,000.

Small Business 104

Small Business Technical Review Social Media Software Review 104

Up and Running

SEPTEMBER 24, 2015

The positive side is that you get a regular and reliable salary – providing your company is successful. Once you’re on this page, you will see a vertical navigation on the left side of your account. As an employee owner you cannot take money from the company bank account for your own pleasure. Click the “Sell an Item” link.

Limited Liability Company 60

Limited Liability Company Stock LLC eCommerce 60

VC Cafe

APRIL 27, 2011

Create events around guests arriving from abroad or experts in a vertical area. Benchmark – Use the information from all your investments to give entrepreneurs data about salaries, price for marketing, etc. Facilitate networking – host monthly or bi monthly roundtables for your companies and entrepreneurs.

Venture Capital 90

Venture Capital Differentiation Incubator Angel Investor 90

Duct Tape Marketing

FEBRUARY 16, 2022

It doesn't have to just be a vertical. And so I think within whether it's, it's choosing a market vertical or horizontal or a fixed offer, like you have to find that element in your business, that lowest common denominator, that atomic unit for scale. They had to have a lot of really smart, a lot of really expensive salaries.

Framework 80

Framework Vertical Hosting Networking 80

Cracking the Code

NOVEMBER 13, 2008

Rethink vertical segmentation: Healthcare? Is Government a good idea? Review your marketing media allocation: offline media prices will go down and could generate attractive ROI, tradeshows might have less impact due to travel restrictions… G&A Manage your DSOs tightly – they will go up!

Software Review 48

Software Review Technical Review Valuation Portfolio 48

David Teten

JANUARY 21, 2021

According to a recent interview with Founding Partner Andrew Oved, Reformation invests in SaaS (vertical and application software) and consumer product businesses that have achieved $1M-$5M in annualized revenue, while operating capital efficiently. 20% initial ownership. .

Equity 78

Equity Revenue Cofounder Colorado 78

pandodaily.com

JULY 18, 2012

And the satisfaction of not only paying my own salary– which I’ve done for years on various book projects– but paying the salaries of others. But I was prepared for that part. What I wasn’t prepared for is how fun it would be. “It’s hard to create a company like this as a kid,” he says.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

YoungUpstarts

MAY 6, 2014

This is despite the fact that highly talented employees there often receive phone calls from other companies offering two to three times the salary they currently receive. Since then, it’s been almost vertical. And, although turnover in the tech space averages around 22 percent, at Next Jump, it’s less than 1 percent.

Leadership 169

Leadership Employee Community Non-Compete 169

BeyondVC

JULY 6, 2006

Here is the typical scenario – you just signed 3 or 4 customers in a couple of different verticals and you feel that all you need is some bodies on the street to grow your business. Typical salaries range from $150-200k plus performance equaling a total package of $300 to $350k.

Hiring 79

Hiring Sales Burn Rate Vertical 79

YoungUpstarts

OCTOBER 13, 2020

Don’t cut costs just at the bottom level – reduce everyone’s salary by an equal percentage. Having all staff from top to bottom involved in decision-making fosters team spirit, and motivates employees to be part of the turnaround. Practices like this demonstrates how founders can ‘lead from the front’ and become an attractive place to work.

Management 174

Management Founder Asia Cofounder 174

Software By Rob

AUGUST 11, 2009

At a salaried job making $80k plus benefits your time is worth around $55/hour. All of your complaints apply equally to just as many freeware programs and many commercial applications (ever worked on a vertical market app? I remember riding across campus, about a 15 minute ride (each way) to save $.50 50 on a slice of pizza.

Open Source 62

Open Source Software Review Non-Compete Software 62

VC Cafe

APRIL 29, 2020

According to the Covid-19 impact report by research firm Beauhurst: 5,070 UK companies are at a ‘severe’ or ‘critical’ risk 615K startup and scaleup jobs are at risk Later stage startups are at the most risk Across the board, tech sectors and verticals are the most likely to experience a positive or low impact.

SBA 124

SBA Technical Review Startup 124

Hunter Walker

NOVEMBER 30, 2022

When you pick your investment in a vertical you mostly have to steer clear of direct and adjacent competitors, especially if you were a lead check and/or a Board member. This is less of a problem when the entire vertical falls apart (think of the last generation of scooter startups). Opportunity Cost of Non-Investment in Competitors.

Vertical 48

Vertical LP Syndicate Syndication 48

Steve Blank

MARCH 28, 2009

I made them a pretty good offer – hire me as a training instructor at the salary they were [.] Reply Agile Opportunism – Entrepreneurial DNA « Steve Blank , on June 29, 2009 at 7:02 am Said: [.] the type of training military maintenance people need, and I had done some informal teaching in the Air Force.

Silicon Valley 195

Silicon Valley Thailand RSS Michigan 195

Duct Tape Marketing

APRIL 7, 2022

So all the salaries and payroll that's allocated to the delivery function in your business, and then what we like to call, share delivery expenses, which would be some of the software or tools that you're paying for that aren't necessarily for one specific client, but you need to do the work. You low value at the bottom.

Cofounder 77

Cofounder Hosting Networking Software Review 77

Steve Blank

JUNE 29, 2009

I made them a pretty good offer – hire me as a training instructor at the salary they were going to pay me as a lab technician. Out of desperation and a warm body right in front of them, they realized I was probably better than nothing. So I got hired for the second time at ESL, this time as a training instructor.

Agile 245

Agile Silicon Valley RSS California 245

www.chubbybrain.com

SEPTEMBER 28, 2011

created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. The ArsDigita of Greylock, General Atlantic, and Allen had nearly 200 with lots of new executive positions at $200,000 or over, programmers at base salaries of $125,000, etc.

Software Review 79

Software Review Startup Technical Review Vesting 79

Steve Blank

OCTOBER 29, 2009

It would charge its investors annual “management fees” to pay for the firm’s salaries, building, etc. Was there some other structure? The limited partnership offered one way to structure an investment company. The fund would have limited life.

Silicon Valley 125

Silicon Valley SBIC San Francisco RSS 125

Steve Blank

NOVEMBER 21, 2015

Ownership and management were one and the same – the owners managed, and there were no salaried middle managers or administrators. For example, US Steel had integrated vertically and was involved in the mining of the iron ore all the way to the production of various steel products, e.g., nails.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Occam's Razor

FEBRUARY 22, 2010

Additionally the person is also required to self report demographic, salary, household members, hobbies, education level and other such detailed information. In all three cases, you can compare your performance to specific vertical markets (for example, retail, apparel, software, and so on), which is much more meaningful.

Analytics 123

Analytics Securities and Exchange Commission Search Engineer 123

Occam's Razor

MAY 27, 2015

I've suffered enough bruises on the front-lines from trying to re-imagine the current and revolutionize the future across multiple industry verticals, countries, opportunity sizes. For $9 per month, you get knowledge that will increase your salary by 100x of that every month. He inspires me. It has done that for me.

Analytics 60

Analytics Marketing Mobile Audience 60

Steve Blank

JUNE 18, 2009

We lived a less extravagant life then some of our friends on my struggling entrepreneurs salary because we chose to cut back on what kind of physical goods we had (house, cars, vacations,) in exchange for having her home with our kids when they were toddlers and home when they got back from school when they got older. The short answer is no.

Entrepreneur 331

Entrepreneur Silicon Valley RSS Customer Development 331

YoungUpstarts

DECEMBER 5, 2013

Homebrew, an early stage venture firm focused on this same revolution has illustrated the following: An engineer or designer gets work by offering his skills via vertical marketplaces. In the same time period, it actually lost more than one million private wage and salary workers.

Silicon Valley 185

Silicon Valley API Cofounder Salary 185

Austin Startup

MARCH 7, 2018

janryan (@janryan) | Twitter Kerry Rupp Kerry is a Capital Factory Mentor and founding partner of True Wealth Ventures, an early-stage venture capital fund that invests in women-led companies in the sustainable consumer and consumer health verticals. She is committed to improving representation in Austin’s technology landscape.

Technical Cofounder 48

Technical Cofounder Cofounder Fractional CTO CTO 48

Version One Ventures

MARCH 29, 2017

Examples are Hired, Comparably, Glassdoor and Stack Overflow for salaries and compensation. This information is typically quite vertical – and even within a vertical, data isn’t standardized so there’s no way to reliably compare two data sets. Some of these companies do share their aggregate findings, but never their raw data.

Aggregator 60

Aggregator Startup Vertical SEC 60

crowdSPRING Blog

MAY 15, 2015

Why there won’t be an Uber in every vertical – buff.ly/1KNtdUj. Why VCs Draw Big Salaries but Look for Founders Who Take Little crowdspring.co/1bf5Zuh. The economy is increasingly rigged against workers with less education crowdspring.co/1zq2ZXA. How to Ask for a Raise, According to a Hostage Negotiator – buff.ly/1E7hGtZ.

Small Business 48

Small Business Design Social Media Startup 48