socalTECH

MARCH 12, 2015

There''s been a major, market battle in Los Angeles over the last few years, between on-demand ride services such as Lyft and Uber , not to mention local taxi and transportation companies. rakkuten mobile ondemand ridesharing uber capital venture lyft' Rakuten said it agreed to purchase and 11.9 The funding follows a bigger, $1.2

Demand 100

Demand Commerce Competition Mobile 100

Startup Professionals Musings

SEPTEMBER 15, 2021

Startups can use social responsibility as a competitive advantage. That’s a real competitive edge that you can use in your marketing and positioning. The anecdotal evidence is growing that consumers are willing to pay a premium for sustainability, and have started to demand a discount for ‘un-sustainability.’

Startup 149

Startup Organization Customer Custom 149

TechCrunch LA

AUGUST 9, 2022

This round is being led by Point72 Private Investments, with previous backers Toba Capital, Index Ventures, Bonfire Ventures, BoxGroup, and VMG Partners also participating. The gap in the market that Boulevard is building to fill is that one-person bands, independent salons, and bigger chains all grapple with the same problem.

Help 195

Help Startup UCLA Tool 195

Startup Professionals Musings

NOVEMBER 30, 2022

They rarely highlight their marketing and relationship skills , even though, in my experience, these are more often the key to success in business than product skills. In addition to listening, they spent much of their time communicating their vision and marketing themselves to everyone they encountered.

Startup 113

Startup Customer Custom Technical Review 113

Berkonomics

DECEMBER 3, 2020

Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition. And ask, “What is it that bothers you most about your operation?” “What is you biggest problem, other than working capital?” A thought exercise. Then remove it.

Startup 156

Startup Ideas Customer Custom 156

Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Are you ahead or behind the market with your product or service? And fifth: Competitive risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

JULY 2, 2022

As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. My conclusion either way is that they have no market, or haven’t looked. Then you walk the delicate balance between burn rates, revenue flows versus expenses, investment in marketing, and employees.

Entrepreneur 153

Entrepreneur Marketing Customer Custom 153

Tech.Co

FEBRUARY 16, 2024

As inflation rates spiral and consumer demand takes a hit, business owners are forced to be more mindful of their bottom lines than ever. It's competitive though – last year 18,000 applicants competed for only 12 slots. There's no denying that 2024 is a challenging year to run a business. You can unsubscribe at any time.

Technical Review 188

Technical Review Software Review Startup Competition 188

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

Santa Monica 256

Santa Monica Funding Startup Course 256

TechCrunch LA

SEPTEMBER 30, 2019

The company has taken a methodical approach to opening its doors as a digital bank, in part because it wants to have the necessary support infrastructure in place to service the demand that Wilk expects to see for its service. And they’re facing global competition as well. N26, the European startup bank with a $3.6

Companies 262

Companies Company Startup Tips 262

InfoChachkie

JULY 14, 2011

Value Prop Twitter Style : “Ringrevenue’s call performance marketing platform enables ad networks, agencies, advertisers & publishers to generate more inbound sales calls.”. In today’s market, so much focus is placed on transacting business online. Who do you view as your biggest competition? You’re right.

Marketing 209

Marketing Advertising Paid Search Startup 209

Startup Professionals Musings

OCTOBER 16, 2023

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Forecast sales-volume expectations.

Startup 116

Startup Pricing Sales Statistics 116

Both Sides of the Table

MAY 20, 2020

Her argument is that if Uber buys Grubhub (which itself once merged with Seamless) it would mean that Uber Eats / Grubhub would control half the market and that with DoorDash the two together would control 90% of the market. they just put up with the food delivery company fees. You lose the ability to up-sell and cross-sell products.

SaaS 242

SaaS Customer Custom Technical Review 242

Startup Professionals Musings

AUGUST 19, 2023

Measure by relationships as well as competitiveness. Twitter and GrubHub are just a couple of examples where CFOs have been asked to absorb COO responsibilities in the last few years, to capitalize on individual strengths. Good connections and team building are the keys to success. Take chances on unconventional talent.

Oracle 94

Oracle Organization Examples Coach 94

Startup Professionals Musings

NOVEMBER 7, 2022

After many years in business, working in large companies as well as startups, I’m no longer surprised at why mature and successful companies struggle with introducing innovative new ventures as the market and environment changes. The time to start is now, with all the volatility and change in the market, and customers looking for answers.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Email readers, continue here…] Are you ahead or behind the market with your product or service?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

DECEMBER 17, 2016

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. Relevancy for an early-stage company is the discovery and understanding of the real addressable market for a product or service.

Capital 58

Capital Startup Education Customer 58

Startup Professionals Musings

AUGUST 10, 2022

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. If tracking the market and reality checking are not your thing, you may need a partner who can fill that gap.

Mentor 133

Mentor Startup Customer Custom 133

Startup Professionals Musings

OCTOBER 23, 2021

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. Relevancy for an early-stage company is the discovery and understanding of the real addressable market for a product or service.

Education 151

Education Customer Custom Sales 151

Tech Zulu Event

MAY 6, 2013

We talked to Ted Dhanik, the founder of Engage:BDR, about his company and the future of marketing. I moved in marketing for NextTag and I was part of the team that launched consumer lending products. After MySpace was acquired by Fox, I learned that there was a huge market for ad inventory. Let’s talk about marketing.

Marketing 96

Marketing Startup Incubator Advertising 96

Startup Professionals Musings

OCTOBER 21, 2022

The price of entry can be less than $10,000, so the competition is huge and growing rapidly. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products. Position yourself to capitalize on the next frontier. Look for value points to control.

Develop 138

Develop Development Platform Mobile 138

Both Sides of the Table

FEBRUARY 17, 2011

For many businesses you should keep your costs low & your capital raises low until you discover whether you are really on to a big idea where there is market demand. When you see evidence that there is this so called “product / market fit&# then you may be ready for larger amounts of capital.

Help 303

Help Startup Competition Framework 303

Startup Professionals Musings

FEBRUARY 5, 2021

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Project based on your market size how many widgets you will sell in every channel. Project your cash burn rate to keep at least 18 months between venture capital or angel investments. Forecast sales-volume expectations.

Startup 147

Startup Pricing Sales Statistics 147

Startup Professionals Musings

DECEMBER 4, 2020

Measure by relationships as well as competitiveness. Twitter and GrubHub are just a couple of examples where CFOs have been asked to absorb COO responsibilities in the last couple of years, to capitalize on individual strengths. Good connections and team building are the keys to success. Take chances on unconventional talent.

Oracle 124

Oracle Organization Examples Coach 124

socalTECH

APRIL 26, 2017

Eugene Cho: I saw this market opportunity when I realized that the larger microscope companies, like Nikon, Olympus, and so on were really only focusing their efforts on high end systems, which cost $200,000 plus. I saw the market opportunity, and after being in the industry for fourteen years, thought: what can we do next?

Tech Coast Angels 124

Tech Coast Angels Startup Sales Slides 124

Both Sides of the Table

FEBRUARY 20, 2019

seed and they are writing $1.25m of it you can expect them to require a board seat) The competitive landscape (If you have several sources of capital you can likely politely decline the board request or can grant them a seat but ask for it to be “common appointed” and those revokable if you need in the future). But it’s quite rare.

Startup 236

Startup Venture Capital Tips Capital 236

Startup Professionals Musings

MAY 29, 2022

The reasons are a lot more complex than the meltdown of key investment banks in the US a few years ago, so don’t expect any real change in the numbers soon, especially with recent stock market downturns. Violent market swings usually hit public companies first. Public companies are always at risk for takeovers.

Startup 98

Startup Report IBM IBM 98

Both Sides of the Table

MARCH 30, 2011

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. I believe that over capitalizing companies too early often favors the VC.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374

Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. Are you ahead or behind the market with your product or service? And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

SEPTEMBER 30, 2019

As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. My conclusion either way is that they have no market, or haven’t looked. Then you walk the delicate balance between burn rates, revenue flows versus expenses, investment in marketing, and employees.

Entrepreneur 107

Entrepreneur Marketing Customer Custom 107

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. I can’t control the market. Private markets for stocks are the opposite.

Startup 336

Startup Pricing Technical Review Marketing 336

Berkonomics

MARCH 6, 2014

Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition. And ask, “What is it that bothers you most about your operation?” “What is you biggest problem, other than working capital?” Then I’d advise them to visit the CEO. Starting up'

Startup 176

Startup Ideas Customer Custom 176

socalTECH

AUGUST 27, 2014

We spoke with one of those companies-- El Segundo-based ConsumerTrack (www.consumertrack.com)--which is a $30M, bootstrapped an online marketing company which is driving millions of customers to big name, financial customers. Brett Rossman: ConsumerTrack is a performance-based, online marketing company. What is ConsumerTrack all about?

Startup 239

Startup El Segundo Marketing Media 239

socalTECH

APRIL 26, 2017

Eugene Cho: I saw this market opportunity when I realized that the larger microscope companies, like Nikon, Olympus, and so on were really only focusing their efforts on high end systems, which cost $200,000 plus. I saw the market opportunity, and after being in the industry for fourteen years, thought: what can we do next?

Tech Coast Angels 100

Tech Coast Angels Startup Sales Slides 100

Both Sides of the Table

DECEMBER 27, 2011

You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off. Have easy access to capital by investors who are committed to building businesses at Interent scale. Internet scale. ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

NOVEMBER 4, 2010

The framework of his book has profoundly altered how I think about the technology market and affects how I thought about building my businesses and how I think about investing in venture capital. Let’s start with the incumbents position in a market. I’ve characterized it in a chart below. So what did happen?

Startup 376

Startup Framework Marketing Customer 376

Both Sides of the Table

FEBRUARY 28, 2018

When a product is truly unique and demanded a retailer willingly promotes and sells it en masse in part because it does get margin on the good but also because it brings customers in the door who spend on other products. It is on this last point where Amazon is best positioned to dominate markets. So Why Does This Matter?

Product 296

Product Course Customer Custom 296