Startups I'm an unpaid employee in a $5M valuated startup, what to do? |
- I'm an unpaid employee in a $5M valuated startup, what to do?
- Seedrs strengthens equity investment capabilities with latest tech partnership
- Knowing your customers
- What is the typical percentage owned by founders after 1 million in investment?
- The only type of feedback you will ever need.
- Service-based Startup - How to scale team up/down with fluctuating amount of work.
- Why Startups struggle in early stages
- Starting a startup in an industry with a bad rep
- Website “style” - products vs services
- How to determine which startup to join?
| I'm an unpaid employee in a $5M valuated startup, what to do? Posted: 03 Nov 2019 02:43 PM PST Hi r/startups, A year and a half ago I joined an IT startup as a first non-founding employee, [link] [comments]  |
| Seedrs strengthens equity investment capabilities with latest tech partnership Posted: 04 Nov 2019 02:23 AM PST Two democratising forces in finance, top UK crowdfunding platform Seedrs and UK data provider CityFALCON, are teaming up to simplify and streamline the pre-investment due diligence process and post-investment tracking. No longer is due diligence for private companies reserved for wealthy, well-connected investors. The integration seen on the Seedrs website is just the start, and more is coming soon. https://www.finextra.com/pressarticle/80451/seedrs-to-offer-trending-news-on-crowdfunding-firms-with-cityfalcon [link] [comments]  |
| Posted: 04 Nov 2019 02:16 AM PST Hi all, I was curious about who are the real customers in applications such as Uber? driver, rider or both? Second, how to reach your first users? for example in Uber how did they manage to convince drivers to be on their platform before making their application live? I am asking this because I read somewhere that you need to first identify your customer. Thanks, [link] [comments]  |
| What is the typical percentage owned by founders after 1 million in investment? Posted: 03 Nov 2019 04:54 PM PST If you have a few founders who have put in a modest amount of money to build a product but require 1 million in investment to make the first sale. What is the typical percentage the founders own after this 1 million investment? If you have experienced something very close to this sort of situation what was the percentage the founders had after that first investment? Just in case someone is somehow confused. The question is: If you started up a startup and had a first real investor of note, what percentage did they take for their investment? [link] [comments]  |
| The only type of feedback you will ever need. Posted: 03 Nov 2019 11:40 PM PST |
| Service-based Startup - How to scale team up/down with fluctuating amount of work. Posted: 03 Nov 2019 05:46 AM PST I run a small Software development service-based startup of 10 people. The work amount often fluctuates with a lot of work coming in at the same time or no work for a brief duration. How to scale up faster when there is a lot of work? And, how to utilize the team's time when there is a lack of work? [link] [comments]  |
| Why Startups struggle in early stages Posted: 03 Nov 2019 11:54 PM PST A startup starts in a room which changes into the big company or an empire. All you need to do is build, believe and boost yourself for the startup struggles that every start-up company face in their life. A startup is a struggle in early age, if you're struggling with your startup here is how to coup-up with your startup conflicts and problems. What are the startup and the main motives of the startup in today's scenario? Here you will get a comprehensive description of the startup's struggle that faced by the new businessmen or developers at an early stage. As well as you find how to ignore or overcome the problems and struggles of the startup. There are many companies to put the extensive amount of money in their startups but fail in the end and close their company. We all know the tech world is super competitive as every other day some new technology invented or some new product launched in the market. The client and customers want to buy or operate only new and trendy things. Let take a small kind of example: What Is A Startup?A startup is a young company founded by one or more entrepreneurs in order to develop a unique product or service and bring it to market. By its nature, the typical startup tends to be a fastener operation, with initial funding from the founders or their families. Nowadays mostly people from tech background are heading around towards startups. They build their own company and hire a few coders. Work with them on different and challenging projects and show their productivity. Startup tech companies are following the pattern, where they use to welcome small projects on simple programming languages like Java, Javascript, and HTML or SQL kind of. Only when they establish themselves then they put their hands on big projects on advanced programming languages. But to establish your company is really not a simple task. Codersera is also a Tech startup company, it established a year ago, but they are the best and carry top developers in their circle. It is a platform who help other startup companies to hire the right talent for them. Reasons: Why Startup Companies Struggle In An Early Stage?
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| Starting a startup in an industry with a bad rep Posted: 03 Nov 2019 06:12 PM PST We, a small team, are working on an ethical startup in an industry with a notoriously bad reputation. Not only is our competition known for being predatory and, well, evil, but there is also widespread retaliation against them (= lots of hate). There aren't a lot of good/trustworthy companies in this field because it is extremely high risk and sometimes dangerous. Has anyone ever gone against the grain with good intentions and hasn't been steamrolled over? If you have a story, kindly share it. [link] [comments]  |
| Website “style” - products vs services Posted: 03 Nov 2019 04:39 PM PST My website provides some packaged services that resemble one-off product purchases. I solicited and received some feedback on my website's landing page a while ago, which mentioned that its look and feel gave off the impression of a product site, as opposed to a service. Let's leave aside my hybridized service packages, and consider different types of "pure" offerings. How do you expect the look and feel of a page to differ when you are buying the following types of products? products, where you pay $, get the product perhaps delivered physically or electronically, services where you work intensely with a person to perform some work, subscriptions where you use a (perhaps online) service, paying monthly. [link] [comments]  |
| How to determine which startup to join? Posted: 03 Nov 2019 04:26 AM PST Hi all, longtime lurker. I find myself in an exciting position, but I don't know what I should do and have resigned myself to asking the internet for advice. I started my career in start ups then shifted to a larger company for the fast few years, and even though I like my job, I want to jump back into the start up world. Recently I've managed to get two start ups interested in me, and if everything goes according to plan I should be negotiating both offers this week. I'm hoping to leverage the broader community's wisdom in terms of negotiating these offers and deciding between them. Startup A: preseed, computer vision start up focusing on applications in real estate. Product is half built due with offshore engineers. I'd be coming on as the technical cofounder (CTO). Founder's goal is to raise seed round next year. I think I could negotiate 40-50% of the company as I'd be a cofounder. Founder is also relatively young but does have experience in the industry. Startup B: sort of preseed (currently being funded by one founder's other business). The business is ecommerce but with a much clearer roadmap than the other company. I'd be a member of the leadership team but I'd be the 3rd hire and most junior by far. I'd be building out the analytics and data models for the company. I'm hoping to be able to negotiate 20% of the company, but I'm really not sure, I could see them offering anything as low as 1%. The two founders are much more experienced and the CEO has already created one successful company in the industry. From my own reflection I think startup B is the safer route, but I might end up learning more in startup A. I care a lot about my equity stake as well: that's one of the biggest reasons I want to join at such an early stage, but I also would obviously prefer taking a smaller piece of a bigger pie if it ended up making financial sense. I dont care about risk as long as its calculated as I'm young, have a year or two's expenses saved, and have no outstanding liabilities outside of rent. Any advise or questions I should he asking myself/ my potential partners would be really appreciated! I've already gotten some good advice to focus more on the relationships and on that point I think I'm leaning more toward startup B, as I think the founders are more mature. Thanks! [link] [comments]  |
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