Startups Am I right to write off the Bay Area? |
- Am I right to write off the Bay Area?
- Acquiring Funding
- Whitepaper-first investment?
- Growth Marketing for Startups: A Complete Guide
- Registering a company in Estonia and operating it in thr UK
- Thoughts on the European startup scene?
- How far you should consider when doing major changes in business to stay financial/mentally happy?
| Am I right to write off the Bay Area? Posted: 22 Nov 2018 09:34 AM PST I'm in the process of founding a startup that already has a working alpha and customer interest. I am still looking for cofounder(s) and soon to be looking for funding. I am considering the Bay Area and having second thoughts. When I look at what I'd have to pay developers and other staff in the Bay Area, the cost of rent, the idea that I'd be competing with countless other startups in the area for staff, funding, media attention, office space, living space, and probably more... I don't really want anything to do with the region. I wonder if I would have any time or energy left over to focus on my actual startup. I can pay devs 1/3 of the SF salary where I am (Canada) and it's still a good salary. I can move to other regions where living and office space isn't hyper competitive and there's still an okay tech scene. I can stretch any funding I receive 2-3 times further. I may struggle to find quality staff, funding, and advisors, but isn't that the case in the Bay Area too? As I currently see it, the biggest benefit of the Bay Area is networking. Can't I just fly in a few times a year to accomplish a good chunk of that networking? Am I missing something? Is the Bay Area really worth the cost of moving there? [link] [comments]  |
| Posted: 22 Nov 2018 08:44 PM PST Hi there, Hope you're all having a good day/night. Even though I'm sure it's an exhausted subject, I was wondering anyone with greater experience than I would be willing to illuminate on the best/most effective ways to receive funding for a project. For context:
The app is still going through testing phases, but I plan for it's initial release in the next coming months. My plan is to approach some of the more well-known local figures who fund development in the arts with the idea. I have one acquaintance who is fairly embedded in the high art society circles, but other than that these would be "cold-calls" for lack of a better term. Also looking into private & government grants. Reason why I am seeking funding is to expand the features & quality of the app beyond what my limited budget can afford. Currently using side-projects and savings to fund my venture, but outside funding and the aid of other professionals is obviously preferred. If approached with a project within your field, what would you be looking for in a potential investment? How have you approached potential funding avenues in the past, and what worked best for you? Is there certain funding opportunities I should avoid pursuing? Any insight is appreciated! [link] [comments]  |
| Posted: 22 Nov 2018 04:20 PM PST What's the pros and cons of developing a white paper first, and then going to venture capitalists for investment? Specifically, for products in markets with large ($50m+) capital barriers to entry - such as mining, or finance. For example, R3 released a whitepaper before actually going to banks to pitch for interest and investment. The process would be: 1) I have a cool idea 2) Design a whitepaper highlighting mega-trends, competitors, and detailing the process 3) Go to VC for investment Does this ever work? [link] [comments]  |
| Growth Marketing for Startups: A Complete Guide Posted: 22 Nov 2018 09:44 PM PST Marketing plays a critical part in a company's pursuit of growth. The efforts of marketing help bring more eyes towards the company to put it on the path to growth. However, growth doesn't happen overnight. There's no "quick hack" or "viral formula" that marketing whips out and BAM! your company grows 10x. Even if by chance it does, it's certain that it won't sustain that growth over a long period of time. The only way a business can achieve true growth is by using marketing tactics, backed up by strategy and data. This is where growth marketing comes in. Source [link] [comments]  |
| Registering a company in Estonia and operating it in thr UK Posted: 22 Nov 2018 12:03 PM PST Hello everyone. I am a long time lurker here and really appreciate everyone's great contributions in this subreddit. I am working on an online food ordering startup in the uk. It is a website listing takeaways and restaurants of a small town, like Just-Eat. Unfortunately my visa restricts me to own a company here. I am on a visa so i can't be the director of the company because an EU residency is required for that, as far as i know. So can i register a company in Estonia and launch the startup here or do i have to register the company here again at launch? Any alternative would be highly appreciated as well. Thank you all [link] [comments]  |
| Thoughts on the European startup scene? Posted: 22 Nov 2018 04:12 PM PST Hey everyone. I'm an Argentine who just moved back home after spending a year in Paris. While there, I got to familiarize with the Parisian startup scene, visited Station F a bunch of times, popped by the eFounders office. I also lived in the US, which brought me to think about this – how does everyone see the European startup world (vs. the US startup world or the South American startup world)? On my end, after looking at hundreds and hundreds of companies, I was able to spot a few patterns:
Anyways... thoughts? Where do you guys think the European scene is going? [link] [comments]  |
| How far you should consider when doing major changes in business to stay financial/mentally happy? Posted: 22 Nov 2018 08:49 AM PST I've made two major shifts in my career life. The first one took me a few years and it was hard. Just after graduating from University in 2011 I've started marketing agency with my best friend (lemontea.pl). I wasn't doing very good since we didn't have any business experience and decent idea what we want to do. After two years the company made almost no profit, a friend decided to leave the company just for me, and I was there with three developers on the payroll with no proper plan. I know that this was too far to move on but still I wanted to do it not looking about the consequences. Eventually, I've spent those years heavily overworking myself and making many mistakes. The second one was made this year when I was working as VP of Sales in quite a large IT outsourcing company. I didn't want to do just outsourcing. I felt I'd like to do some more than only selling skilled developers by days. I wanted to focus more on marketing because it was also something I was passionate about over the years. I've decided to change and leave the company and search for exciting ideas. I've started a saas project. The second one is actually happening right now. I'm more prepared and experienced. I haven't put everything on one card like the first one. I keep my side freelance jobs to live and work on what drives me. How far you should consider when doing major changes in business to stay financial/mentally happy? [link] [comments]  |
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