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    Tuesday, December 3, 2019

    Startups Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources

    Startups Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources


    Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources

    Posted: 02 Dec 2019 05:08 AM PST

    Welcome to this week's Support Thread. Please refer to the below suggested formats to get the most out of this thread.

    Need Support?

    Please use the following format to seek support:

    SUPPORT REQUEST

    What I am working on: What I need support with: Why I need support with this: My questions to the community: Requested Resources: Relevant URL: [if applicable] Additional Comments: Please add any additional comments that may provide more context around what you need support with so others can provide the most relevant support or guidance to you.

    Job Provider?

    Please use the following format to post a job listing:

    HIRING Company Name and URL: Job Title/Role: Employment Type: [Intern] [Contract] [Part Time] [Full Time] [Remote] Job Description/Responsibilities: Necessary Skills and Experience: Requested, but not necessary Skills and Experience: Job Compensation: Willing to Relocate New Hire: [yes] [no] Job Listing URL: Additional Comments:

    Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.

    Job Seeker?

    Please use the following format to post an offer to work :

    FOR HIRE Title/Role: Desired Location: Willing to Relocate: [yes] [no] Remote Availability: [yes] [no] Relevant Skills and Experience: Requested Salary/Hourly Rate: Resume/Portfolio URL: Additional Comments:

    Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.

    Resource Provider?

    Please use the following format to post an offer to work :

    RESOURCE Organization Name and URL: Location Served: Resource Name: Resource Description: Resource URL: Resource Cost:

    Do not forget to explore the /r/startups discord. We have many relevant channels to seek support, post job listings, share for hire offers, and share resources. You can also find more support using instant chat on the /r/startups discord.

    submitted by /u/AutoModerator
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    How to create an MVP of an online marketplace?

    Posted: 02 Dec 2019 08:12 PM PST

    Hi Guys,

    I just started putting into words my business plan and would like to move to create an MVP of my product. Should I hire someone from Upwork to help me build a prototype or should I connect with someone local? How much money should I be investing at this stage?

    submitted by /u/apolgo
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    PE firms are holding on to 34 $trillion. How will this effect startups?

    Posted: 02 Dec 2019 09:33 PM PST

    Equity markets are climbing, which means that PE firms' targets, even if they are not public entities, are getting more expensive. If PE firms don't buy, one could argue that corporate acquirers have less competition, that they could use their cash or stock swaps (especially now that their stock prices are so high) to buy smaller companies, including startups.

    But is that how it really works? If PE firms don't buy, won't that put a damper on the M&A market?

    submitted by /u/aaHBN
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    How good are app stores for a primary distribution channel (vs secondary)?

    Posted: 02 Dec 2019 11:43 AM PST

    So I have a theory that the app stores are good for a secondary distribution channel, not primary/initial.

    Meaning that they work well once you already have a decent audience of say 100-500k users.

    OR if you have an amazing app in a niche that has no competition (which is rare).

    The primary ranking factors of ASO are the number of subscribers, and, to a lesser degree, the amount of web traffic (and then conversion) from off-site.

    This means if you're mostly focused on putting your app in an app store and assuming users are going to just magically find you it's probably not going to work.

    Would you agree with me here?

    I've mostly focused on SEO and content marketing for user distribution.

    I'm considering of approaching mailing lists and blogs to offer their users discounts if they sign up... as this might boost my numbers.

    The app stores are HARD to work with because of all the rules but honestly, if I could get say at least 2500 users per month I'd probably put in the work.

    submitted by /u/brainhack3r
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    Is this a reasonable strategy to diversify illiquid startup investment?

    Posted: 02 Dec 2019 08:53 PM PST

    8 years ago my husband founded a startup that continues to grow. 2 years ago he died and I inherited everything. I have a consulting background so some business fundamentals but am lost in startup world. Help!

    He poured everything he had into the company, so had few assets other than his founders shares. They closed series B early this year and are getting ready to start rounding up the next capital raise with a strong trajectory going into it.

    It freaks me out for 97% of my net worth to be tied up in one asset. I deeply believe in my husband's vision, but that is just too much concentrated risk for me.

    I expressed a desire to sell 10-20% of my shares (so I can move them to an index fund/HYSA combo) during the series B but I got pretty much blown off by the COO (also husband's close friend who I don't think takes me seriously). I didn't push it because I didn't know if it was a reasonable ask and I knew that the company needed that money to grow and scale. But going into this next capital raise, I want to stand up for myself.

    I want to reiterate my request to sell some shares in the series C to the CEO (as in, they handle it as part of the raise at the same price as shares issued in the raise) but if he pushes me off like before, I want to lay out the following plan. I figure that of the firms (some family offices, some VC) who invested in both series A and series B, many will probably want to invest in this next round. I know which firms those are from the post series B cap table. If I went to them and offered 15% of my shares at the series B price now, I further expect that (a) somebody would take it and (b) that would be life changing money for me if the company went belly up and the rest of my shares became worthless. If the company keeps growing and my shares turn into many millions, I don't think I'll regret having 15% less millions. I know that would be a raw deal for me, but I'd have to give them some reason to buy my shares rather than newly issued shares at a higher valuation/price. I'm hoping that the CEO would consider the optics of that to be sufficiently undesirable that the CEO would take the other option, but if he didn't I am prepared to really do it. I used to help my husband prep for his board meetings and I've closed larger deals in my day job (though with other people's money), so I think I would have a real shot.

    Is that a totally insane plan? What should I be considering that I don't seem to be thinking of? Is there a less confrontational way to achieve my goal?

    submitted by /u/pamplemusique
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    Success with sites like alternativeto.net or capterra?

    Posted: 02 Dec 2019 05:42 PM PST

    I'm still trying to work on our customer acquisition channels. Content marketing has been acceptable but I'd like to find a source for say 100-200 new users per day.

    Have any of you had luck with sites like alternativeto.net or capterra?

    I'm curious how many referrers we could expect if we ranked high on those sites.

    submitted by /u/brainhack3r
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    Where can I find a list of startups that need salespeople?

    Posted: 02 Dec 2019 03:50 PM PST

    I'm a salesperson with unlimited drive and I'm excited to work with a company. Preferably something that can be sold over the phone. SaaS and similar things.

    I'm super driven and am beyond okay with an outside sales position. Meaning I don't want a salary, I just want a percentage of every deal I sell. I don't get paid unless I produce.

    How couldI get in contact with startups like this that need salespeople?

    submitted by /u/VisionAerial310
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    How should I go about finding my business partner?

    Posted: 02 Dec 2019 11:32 AM PST

    I'm currently a senior in college majoring in Business Administration. I have a great idea for an app, but I'm trying to find the best way to recruit a partner (to handle MVP/tech development) without the risk of having my idea stolen.

    What steps can I take to protect my idea when pitching to potential partners? My plan would be to handle the business side and have a partner who works on development.

    Any advice would be sincerely appreciated! Thanks!

    submitted by /u/Sh0rt_the_VIX
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