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    Startups How to start a startup?

    Startups How to start a startup?


    How to start a startup?

    Posted: 05 Apr 2019 02:47 PM PDT

    I have an idea for an app/service that I would like to develop into a startup. However, I have absolutely no experience in this realm. I'm interested in learning a few things:

    1) How can I even determine if this is a viable idea? I have done some initial research and have not found any other companies/services like mine.

    2) If I am able to determine that the idea is viable, what would the next steps be? I know I would need a formal business plan, but have never written one myself, nor would even know what needs to be in it.

    3) How would I connect with possible investors? I definitely don't have the means to fund this on my own, and would likely need at least a small team to bring this idea to life.

    Thanks to anyone who takes the time to read this, and double thanks to anyone who offers up any guidance. I truly believe in this idea and really want to see it come to fruition. I just don't have the means or know how yet to move past where I'm at now.

    submitted by /u/AnonIssue3028
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    Startup stole my Facebook page vanity URL

    Posted: 06 Apr 2019 12:47 AM PDT

    Posting this on behalf of my friend who doesn't have enough karma points to post about his startup's bad luck! Oh the irony !

    "facebook gave my startup's vanity url to another company, which had previously contacted me with intent to buy it! and I wasn't even notified about the change.

    I didn't know this was even possible but today I realized that my startup's page had its url changed from its original name to a longer name and some numbers. (although my startup is dormant atm the idea still lives) The company that got my url had contacted me a couple of times the past 2 years offering to buy it for 300 euros (maybe 500), but for me it was difficult to let go even though I know it would be impossible to use that name again, but I'm very attached to it... One of their messages had a threatening tone, clearly trying to scare me to sell saying they have the whole arsenal of trademarks and lawyers! (and Crunchbase says they've raised $1.1m) One day I decided to respond to them and made a counter offer, and then after some messages tried to schedule a call. But then they never responded... fast forward >>> today I go check my page and notice a different longer url but there was no notification (unless it was among all friend requests, invitations, birthdays) or log anywhere in the page! no nothing!! The only thing I can think is that they filed a trademark dispute, however it's not like I tried to scam nike registering a page before nike!... and I should have received a message about the matter. And I'm pretty sure my page was created at least 3 years before this other company eve started if that changes anything...

    Has anyone experienced this ? What can I do?"

    submitted by /u/dnlbtlr
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    Ex-Partner became aggressive when we separated - should I be worried?

    Posted: 06 Apr 2019 12:52 AM PDT

    Hello,

    I will appreciate it if you take the time to read.

    I partnered with a guy from all over the world to make an app. He came up with the original idea, however, I quickly changed the idea to something better - COMPLETELY unrelated to the original idea. We had no contract and he lives in India, which is really far away, so it is hard to establish a partnership.

    I don't want to be burned, so I decided it is best to go on separate ways. I explained how it is difficult to partner and that it is hard to enforce anything. He quickly became hostile, telling me I will never be successful, that I've stolen his idea and that he wants me to F off and blocked me. He told me it is his concept and said that I just added 'features', which could not be further from the truth.

    Part of the reason of him being hostile is that, I think he wanted me to pay for the whole development. He would often tell me that I had to pay to his IT company, since he had devs working. It's true, he does own a company and has employees. Whenever I'd tell him he would have to pay as well, he'd say ''oh, yeah, I'll pay too'' and often would refer to idea I made as his, since he ''ORIGINAL CREATOR'', haha.

    Anyway, now that I am thinking - should I be worried? I am not worried about my intellectual property, as he probably will not make it himself, but the fact that he knows information about me is a little bit unsettling. He is quite smart tech-wise as well as well. I have sent him money via PayPal for IT services in the past as well.

    submitted by /u/ExodusE
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    Where do you find a B2B case study useful in your marketing?

    Posted: 05 Apr 2019 11:59 PM PDT

    B2B case studies are useful in many stages in a sales funnel.

    At each during the sales process, many of the potential clients tend to throw up mental roadblocks for why they shouldn't work with you. They need some convincing before they move on to the next stage of your sales funnel. Case studies validate those fears and objections while providing solid evidence that those same doubts are unfounded. Someone else has tried your product or service and had undeniable success helps here and sharing a client's positive experience is far more effective than expecting prospects to just take your word for it.

    They help in each of these situations -

    • Generating quality leads
    • Better conversion in each stage of the sales funnel
    • Closing a sale

    What has been your experience? Where do you find the biggest value of B2B case studies?

    submitted by /u/b2bcs
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    How do people learn enough to create an innovative company without a graduate degree (CS)?

    Posted: 05 Apr 2019 06:02 PM PDT

    I've always been told that your choice of upper level electives doesn't really matter since it barely explores different subtopics in CS and that getting an undergraduate degree only scrapes the surface. Thus, I'm curious how college dropouts and people with "only" a bachelor's degree are able to come up with innovative products when founding their own companies.

    I understand that graduate degrees are oriented more towards innovative research, but does not that not also allow you to create innovative products through your innovative research? How do people with only a bachelor's degree like Jeff Bezos or dropouts like Bill Gates and Mark Zuckerberg manage to create such innovative products without having deep understanding of computer science gained through graduate degrees?

    submitted by /u/_Argus
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    Investment advice on technology ownership needed..

    Posted: 05 Apr 2019 09:37 PM PDT

    Hi Reddit,

    I need advice on a investment partnership I am about to sign.

    Quick backstory: We own a software development company and developed a platform that we use to build our SaaS solutions on top off.

    We are now building a new SaaS solution and have secured interest of an angel investor.

    The deal: A 50/50 split in ownership of the company that is going to be formed around this solution we are building. The Angel is investing money and will manage the sales and marketing aspect while we manage the development, support and day to days.

    The problem: The investor wants that all ownership of the solution and its underlying platform is transferred to the newly formed company. This basically means that the technology we already have built will now be 50% owned by the investor.

    Any ideas how we can provide a fair balance between ourselves and the investor?

    My main concern is that the new company might not succeed and then I end up giving away the technology we have already built and invested a lot of time in.

    submitted by /u/theh1982
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    My co-founder is too busy for our startup and I am pissed

    Posted: 05 Apr 2019 09:06 PM PDT

    I have a SaaS app running. I made it with a co-founder whom I met online. We live two days apart on the plane but in the beginning, it was going great. I put in 3 months of time and he paid for hosting and stuffs while I coded the shit out every day. We released the product when it was more than MVP as he said: "MVP is an excuse to make crappy products". We had our first demo with our first customer yesterday. I had asked him to demo it due to language barriers but he just forgot. Forgot to demo our first customer and I was fucking jumping around. Then I did the demo and luckily I did good and the guy was impressed. He suggested some very good features and I told him we have some bugs to fix and then he could start using it. Now my co-founder is just ignoring me or something. He doesn't reply to what our first customer gave feedback about. It was his idea, the whole thing and he had done some research and approached me. I am working for equity here. I have put so much time and now I am being ghosted by my own co-founder.

    I wouldn't call it a startup yet until we have some management going on and some customers. Should I quit? Or should I ask him to clarify? He runs a business on the side so I understand some aspects of it. But onboarding our first client and he forgot? I want to delete my Digital ocean droplets and call it to quit but I wanted to get some advice from this sub.

    Thanks.

    submitted by /u/IamATechieNerd
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    FREE Global Marketing Opportunity

    Posted: 05 Apr 2019 11:05 PM PDT

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    If you are looking to:

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    submitted by /u/jess10u
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    Help with the VC method calculation and retention percentage

    Posted: 05 Apr 2019 09:00 AM PDT

    Hello. I have a question about the VC method with dilution calculations.

    When calculating the various rounds and Required Ownership %, what is the purpose of calculating the Retention %? I understand the basics of what retention % is, but if future rounds will dilute ownership, does that mean VC's need to purchase more than what they originally had planned in order to obtain the % ownership they want due to future dilution?

    I'm referring to page 5 of "The Basic Venture Capital Formula" by Harvard Business School in case anyone wants an example.

    On page 4 of that document, can someone elaborate on the paragraph that says "Note that these are the final, or terminal, ownership shares.....".

    Thanks for your help.

    submitted by /u/ZeroMayCry7
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    How do I find the right manufacturer?

    Posted: 05 Apr 2019 02:17 AM PDT

    Hi there!

    My team and I are currently working on creating a 100% sustainable shoe and are therefore in needs of finding the right manufactuers. We're based in Europe and right now we need someone to make the outer sole of recycled rubber or plastic. Do any of you kind people know any company, that might wanna help us out? Or maybe just help us going in the right path, when trying to find possible manufacturers. The manufacturer must be in Europe since it'll reduce our shipping costs.

    If you want to know more about the project, you're more than welcome to dm me.

    submitted by /u/Labudda17
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