Mobile is Transforming Consumer Retail Behavior
Multi-Device Retail Preference Multi-device usage is quickly becoming the norm in consumer behavior. Consumers will research a product on their phone or iPad, test the product in a brick-and-mortar store, and go home to purchase the product online from their laptop computer. While this shift to multi-device usage can make it difficult for marketers to […]
Submitting a Request for Proposal to a Web Developer
If you decide to outsource your website/mobile development to a third-party service provider you will want to put together a Request for Proposal (RFP) with your CTO before approaching potential vendors. An RFP is a document that provides the information that a developer would need in order to provide you with a proposal for the […]
A Tech Company without a CTO is like a Bakery without a Chef
Every Tech Startup Needs a Chief Technical Officer Many entrepreneurs of successful tech-based companies do not come from tech backgrounds. However, the biggest mistake that a non-tech entrepreneur launching a tech business is to neglect bringing on a tech savvy co-founder on the management team. This is like a bakery or restaurant launching without a […]
Pricing Strategies Than Can Improve Sales
The Right Price Can Make a Big Difference Using smart pricing strategies can make a big difference to your sales and help you succeed in a competitive marketplace. Each product and service is unique and therefore what works for some companies may not work for others. Nonetheless, the strategies outlined below may be a good […]
Angel Investment Trends in Q1 2013
Angel Investor Valuations Remain Strong Angel investor median deal sizes increased as valuations remained strong in the first quarter of 2013. The majority of deals went to healthcare, mobile and internet startups. Highlights from angel investing in the last quarter include: The median angel deal size for Q1 2013 reached $680K – up 5% since […]
How Startup Valuation Works
A valuation is simply an estimated value of a company and is often based on assumptions surrounding the company’s current and future potential. There are several factors to consider when valuing a company including the startup stage that the company is in, prior successes, how much money is needed and for what purposes, the type […]
The Importance of an All-Star Management Team
The most cited answer among investors – and perhaps the most underrated factor among first time entrepreneurs – is the startup team. There may be a need for your product or service, the market may be enormous, your business model may be attractive, there may be few competitors in the space, and you may even […]
Ban Overturned on Publicly Advertising You Are Raising Capital
Raising Capital? Shout It From the Rooftops! The Securities and Exchange Commission (SEC) voted to overturn the ban on “general solicitation” or publicly advertising that your company is raising money. As a result, the SEC has deemed it legal for private companies to tell anyone that they are raising money, which was previously illegal. How […]
Understanding Barriers to Entry
Entry into any market by a startup business is in some way possible, though it is often constrained by some sort of economic, procedural, regulatory or technical obstacle. Such obstacles are often referred to as ‘barriers to entry.’ Some examples of barriers to entry include high startup costs, strict laws and regulations, inability to access resources, […]
Investment in Mobile App Development Industry is Soaring
VC Funding in Mobile App Development Still Hot Since 2012, mobile app development companies have taken $262M in VC funding across 36 deals, which accounts for 59% of the $446M to the mobile app development space overall. Some of the largest acquisitions included Kony Solutions at $18.3M in a Series D round from Telestra Ventures […]
