Startups Wednesday Social Club - Share What Events You Are Attending This Coming Week |
- Wednesday Social Club - Share What Events You Are Attending This Coming Week
- Share your startup - February 2020
- Why VCs love SaaS businesses
- How to turn popular social media page into a business?
- I need your help
- “Non-techies” and SaaS solution startups
- How and where did you build your community?
- How to manage working towards pmf?
- Advice for my plan. Please
| Wednesday Social Club - Share What Events You Are Attending This Coming Week Posted: 05 Feb 2020 05:06 AM PST Welcome to this week's Social Club thread.Share what events and meetups you are going to so we can discover new ways to be social together offline and help grow your local community. Focus on sharing events that are happening within the next 7 days of this date of this submission. Anything that falls outside of 10 days will be removed, no exceptions. No duplicate posts. If you happen to be attending an event that is already posted, leave a comment to inform the community that you will also be there. If you are hoping to organize something on your own, outside of an existing event, feel free to use this thread to rally some people together to meet up. Please use the following format to share an event: Event Name and URL: Location: Event Date: Event Time: Event Description: Event Cost: Discount Code: [if applicable] Please use the following format to organize people to meet up together: Location: Purpose of getting together: Suggested Places to meet up: You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Share your startup - February 2020 Posted: 01 Feb 2020 03:08 AM PST Tell us about your startup! /r/startups wants to hear what you're working on! Contest mode is on, so remember to select 'Show All' to see all the replies. If you don't see your post, you probably need to load more comments at the bottom. Also, all posts are sorted randomly, so the sort function doesn't seem to work.
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| Posted: 05 Feb 2020 05:27 PM PST VCs love SaaS businesses because they are incredibly capital efficient. Most public SaaS companies need less than $1 of capital to acquire $1 of ARR. For example, Smartsheet burned $55M of cash prior to IPO and grew to ~$130M of ARR, so it only cost ~$0.40 for Smartsheet to acquire $1 of ARR.
So what does this all mean? VCs are looking to earn the best return for their money. If they invest in SaaS startups, there is the opportunity to invest $100M in a company and reach $100M+ of high margin ARR. To earn the same returns with a non-SaaS company, investors need to (1) see significantly faster growth with the same $100M investment and/or (2) invest at valuation multiples that take into account lower margins and revenue quality. This hasn't really been happening over the last few years, so these companies get negative surprises when they go public, but hopefully we will see more rational valuations for non-SaaS startups over the coming years. [link] [comments]  |
| How to turn popular social media page into a business? Posted: 05 Feb 2020 11:09 AM PST All advices appreciated! I founded a streetwear focused facebook group a couple of years ago which has grown to over 20k members. The group has active daily discussion around different topics. A year ago we started a doing interviews and articles related to our audience's interests and established a website which also has increasing traffic (Although nearly not as much as the facebook page). Our dream would be to become a lifestyle media company one day. We currently have a relatively small but active audience in facebook, a website done with squarespace and a team of three people. Any ideas what we should do or should not do next? [link] [comments]  |
| Posted: 06 Feb 2020 12:50 AM PST Do you have a company right now? Did you use to have a company but it failed? Then please get in contact with me via email, dumaproductions1@gmail.com And please put "startup" in the subject of the email so I can differentiate the email. I need your help for a new blog post that, I'm posting in 3 weeks. I promise to always promote what you want! [link] [comments]  |
| “Non-techies” and SaaS solution startups Posted: 05 Feb 2020 06:50 PM PST I've come across people who are "non-techies" that have founded amazing software solutions! How is it that someone can have a marketing background and found profound software companies? Wouldn't one need to learn how to code the software itself to raise funding? I myself have been researching constantly on distributed ledger technologies, machine learning applications and AI use cases for small businesses. Yet I do not know how to program. How does a "non-techie" found software solutions? [link] [comments]  |
| How and where did you build your community? Posted: 05 Feb 2020 12:24 PM PST I'm curious to hear about your individual experiences building and growing your communities. For instance, did you do marketing / social media campaigns? Do you maintain a social media presence on Reddit, Facebook, Instagram, etc.? Did you additionally start a blog? Was that more effective than buying Google, Facebook, etc., ads? What would you do differently next time? Just rattling off a few of the questions I've been wondering. [link] [comments]  |
| How to manage working towards pmf? Posted: 05 Feb 2020 01:51 PM PST for a product to reach pmf (for ecommerce), is the general idea to keep revenue coming in until I can reiterate the thing to get some traction (still not pmf), but enough traction where I can figure out the rough outline of mission,vision, values, unique sales proposition. And then work in the rest of the business model in more detail. Work towards getting the pmf. Remove bottlenecks to prepare to scale. Creating a pmf by getting a product that is above average expectation in one distinct offer that has value Is this a general guidelines? do you have advice in how I should approach being both structured/diligent and flexible while reiterating, or should i focus on optimizing the offer/product, and then add in structure when I need it? [link] [comments]  |
| Posted: 05 Feb 2020 11:42 AM PST Hi guys, I have no idea if this is the place to ask... However: I am starting a new business and I want to attract environmentally conscious consumers. One plan I have is to have a promotion of "every time a person registers, the company will commit to planting X amount of trees" something like this. I was just wondering is there any charities/organisations that would help me fulfil such a goal? Also, are there any further tips for attracting consumers who are in this bracket, other than trees but any similar marketing gimmicks. The target is any age who is environmentally conscious. [link] [comments]  |
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