Startups Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital |
- Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital
- What are good examples of startups that became very successful by basically solving or minimizing an information asymmetry problem between two parties?
- CTO spent 3 months making a landing page with React.js and Containers, is he too much of an ENGINEER?
- How to overcome imposter syndrome?
- How to decide stakes before starting?
- Building a Design competitor analysis
- What kind of products do SAAS companies use to protect their applications and data? Any company you might recommend?
- Looking for advice on starting my business
- Tele-Medicine Venture
- If I contact strangers I respect to a social network I built, would they accept?
- Best TV setup for presentations & videoconferencing
- 4 Days from delivery to our first paying customer we realise software solution won't Scale or Work...
- How do you check Competitors of a new idea for a startup other than using Crunchbase?
- Inbound Link Network
- Do you develop your product in public?
- Scheduling Website Recommendations?
- Do you have experience with "nearshoring" (outsourcing teams to a nearby country, e.g. Mexico or Argentina)?
- Anyone try an uber/lyft clone template/script? Been researching and having a hard time deciding.
- How to sell our profitable subscription box business?
- Can I start as an individual?
- Are international clicks worth it?
- Logo Trademark
- Financial services sales question
| Posted: 27 Aug 2020 06:05 AM PDT Welcome to this week's Fundraising Thursdays Thread. Ask about anything related to fundraising, investors, accelerators, grants, and other sources of capital. That includes how to find these sources, how to work with them, and how to negotiate with them. Don't be shy. The purpose of this is to learn and share ideas and methodologies with one another. Any question is a good question! If you are answering questions, remember to be kind and supportive. Many are just starting out and have no idea what they are doing. That's okay! We all knew nothing before we knew something.You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Posted: 27 Aug 2020 10:52 AM PDT Off the top of my head I can think of Uber (drivers and passengers) and Beepi (used cars buyers and sellers), what are some that you can think of? In the case of Beepi for example, if you want to sell your car, they send someone out to inspect it, take photos, and — if it isn't too old, it doesn't have too many miles on it, and it passes a rigorous inspection — list it on the site. A buyer can then come along, look at the photos, read the inspection report, and lay claim to the car. By doing this it solved the classic asymmetry information problem that has a place with used cars. Solving an information asymmetry problem is a very interesting value proposition and for sure a lot of other companies do it in other areas. What some cases you can think of? [link] [comments]  |
| Posted: 27 Aug 2020 04:45 PM PDT Pre-seed, 2 technical founders, $5K invested. I do "everything but the tech" but think my CTO is too much of an "engineer". My Opinion:
CTO spent 3 months making the landing page... * Creating UI libraries from scratch
He says because investors are going to look at the Tech Stack and this is how all big startups do it. Now we are getting to the SaaS itself. I just want to throw some basic jQuery at it and see if the market is there. He wants to build everything "properly" with react containers and all this fancy stuff. [link] [comments]  |
| How to overcome imposter syndrome? Posted: 27 Aug 2020 11:46 PM PDT I've been having a hard time with pursuing a lot of projects, right now I'm on the verge of creating a big one, the kind that can/might/will turn into a nice living, but I'm experiencing this like never before. Some books and entrepreneurs say that it is in fact a good sign, a sign that you are going the right way. I hate it haha, if youve experienced it before, how did you overcome it? [link] [comments]  |
| How to decide stakes before starting? Posted: 27 Aug 2020 06:14 PM PDT My friend came upto me with a multiplayer online game idea which he wants to develop and have some marketing ideas and channels to market this mobile app. So I am a full time developer, but never worked on developing a multiplayer app so I expect a learning curve. If I think of 50% stakes for both of us, I think I am working/investing more in terms of development. What should be an ideal breakdown of percentage in the business? [link] [comments]  |
| Building a Design competitor analysis Posted: 28 Aug 2020 12:15 AM PDT Hello everyone, Im currently building a platform where designers and entrepreneurs can analyze and identifying competitors web design practices. I hope that this will help you to make better design choices and improve user experience. At the same time, I have gathered data to map-out design pattern that reflect tech companies best practices. I would love to hear any questions & feedback! On the challenges that you come across when finding design inspiration for your project. FYI: I do have a live demo version with some good feedback, but I would still like to improve the product before I complete the development of the service. Cheers! [link] [comments]  |
| Posted: 27 Aug 2020 05:15 PM PDT |
| Looking for advice on starting my business Posted: 27 Aug 2020 07:14 PM PDT Hi, I am looking for advice on what steps I should take next in starting my business. This is a website with a non-partisan but informative political focus. At the moment I have a contracted developer helping me develop the site. The site is entirely my idea and the domain is registered to me. I have not had him sign a developer contract yet as we have just been working through Upwork. Though there may be a default contract in place from the site, not sure. I have a contract template from a family member who has started a business before. Still wondering if there are any things I should look out for or specify in the contract. Just 2 developers right now, the main hire and his son. Other details: I live in the state of Illinois. Not sure on the process of registering my business or what I should do next. I live in an apartment that will be my home until next year. I will probably need a political-science lawyer as well as I have some hosted material on the site that was obtained from a website. The site does specify free to use but not sure how far that extends At the moment I am not ready to release the site to the internet as parts of it need to be secured still. Any questions just ask. [link] [comments]  |
| Posted: 27 Aug 2020 10:03 PM PDT Howdy there, Recently me and a buddy of mine decided to venture into the hot new market of telehealth and online doctors visits. We've got a website planned out and a future business model to obtain revenue, but we are having a hard time figuring out how to gain initial traction as well as starting suppliers of medical service. Anyone in the med or business med field have any suggestions of the best way to approach possible suppliers and/or clients? [link] [comments]  |
| If I contact strangers I respect to a social network I built, would they accept? Posted: 27 Aug 2020 09:13 PM PDT I want to have only quality content for a social network/community I'm building but feel like if I don't have a reputable name or existing followers no one would join or reply to my emails. What do you think? Is this correct? What would you do if you received such an email from a stranger who respected you enough to invite you to a community? [link] [comments]  |
| Best TV setup for presentations & videoconferencing Posted: 27 Aug 2020 04:47 PM PDT My startup is looking to buy a setup that can double for videoconferencing and just going over content like presentations, etc. Ideally it would be movable so we can have it in various rooms depending on demand. An added bonus would be ability to draw on it during brainstorming questions. Google's Jamboard has all of those functionalities but costs $5,000 and I don't know how good the support it and the hardware seems outdated at this point, etc. We use Google's ecosystem extensively so even if we can't draw on it like with the Jamboard, integration with Google's calendar & Google Meets would be important. Thanks in advance for suggestions! [link] [comments]  |
| Posted: 27 Aug 2020 07:09 AM PDT Hi, we are 4 days from delivering our software to our first paying customer. Yesterday we realised that the software we have developed isn't goint to work when we apply it to real life problems and wont scale for the forseeable future. Our customer probably won't find out for the first week, but after that they will def. know. How would you deal with this situation? How should we approach this problem as a Team? All tips or help is much appriciated <3 *Update: We had a meeting and agreed on a few things. *
As for the customer - I'm fairly sure we can deliver our demo product for the launch date and up-date it to the version we are working on now within the end of next week. Fortunatly I've worked with them before and they trust me enough to give is chance for the first couple of weeks. [link] [comments]  |
| How do you check Competitors of a new idea for a startup other than using Crunchbase? Posted: 27 Aug 2020 02:24 AM PDT
eg. if you have AI-xyz idea, how do you check how many startups doing AI-xyz, and who is running well? Free tools/websites would be great at an initial stage. [link] [comments]  |
| Posted: 27 Aug 2020 05:31 PM PDT Hey all, Are there groups of SEOs and people that form a group of people and they all create links to each other's websites in their content? As a beginner in SEO, this sounds effective as you'd all be growing together with links and authority but am I completely wrong? Or is this a legitimate way that startups and beginner websites build up their authority and creditability with Google? [link] [comments]  |
| Do you develop your product in public? Posted: 27 Aug 2020 04:49 PM PDT Every time I touch upon this topic I seem to swing the other way. Working in public gets a lot of feedback quickly but also feels a bit ... egocentric? And while everyone shouts that your idea won't get stolen it's hard to shake that nagging feeling. For those that do, how do you share your build proces? With everyone? Videos? Podcasts? Blogposts. All of these seem pretty time consuming and I can't really commit to using them. [link] [comments]  |
| Scheduling Website Recommendations? Posted: 27 Aug 2020 09:11 AM PDT Hey guys - I didn't know where else to post this, so if there is a better place, please let me know. I am testing out an idea with a few friends and we're trying to create a website where there is a scheduling feature that allows users of the website to view all of our schedules, and pick a time on our schedule to make an appointment. Does anyone know of any easy website builder software that allows this functionality (wix, squarespace, etc.)? And you wouldn't happen to know of any website builder that could also generate a dial-in/telephone line when the appointment is booked would you? Thanks in advance and apologies if this is a stupid question. [link] [comments]  |
| Posted: 27 Aug 2020 08:57 AM PDT I am starting to think about building out a more solid dev team, and am seriously considering hiring developers from a LatAm country as they have some great engineers at a lower price and without the time zone hassles of a farther country. What are your thoughts on nearshoring as an option? [link] [comments]  |
| Anyone try an uber/lyft clone template/script? Been researching and having a hard time deciding. Posted: 27 Aug 2020 12:25 PM PDT I got a client that wants an uber like app. I've researched themes on Envato and browsed dozens of sites, but still cannot make a decision. Surely there are just a couple different scripts and then dozens of people reselling it? I'd like to find the source. I tried searching through forums, but it seems like everything is flooded with shills selling the same shit. Would be greatly appreciative if anyone here shared their experience with buying an uber like app package, or really any sort of "clone" of a mainstream app. Any other tips/insights would also be invaluable to me. If anyone is interested in what I decide on or other findings I'll update the post here. [link] [comments]  |
| How to sell our profitable subscription box business? Posted: 27 Aug 2020 11:25 AM PDT Hi everyone! Similar to the person a few hours ago looking for how to go after investment, we're looking to go after selling the whole kit and caboodle. We're a CBD Subscription Box and have been profitable every month so far in 2020. We've listed on a site called MicroAcquire and received some decent interest on there but are looking to also list the business on other platforms. I'm also curious what multiplier we should be going after, even though I know that's an impossibly difficult question to answer. Our past 3 months of profit look better than YTD average profit and wondering if potential buyers will only look at the YTD average profit and not the last 6 months. Finally, curious if anyone has actually sold (not just listed) a business on a site like Flippa and Empire Flippers. What was that experience like? Were you able to secure a high multiple there? [link] [comments]  |
| Posted: 27 Aug 2020 02:24 AM PDT Hi Fellas! I'm coding a Saas product myself and I'm planning to launch it in ~2 months. My question is... Should I incorporate before making any money or I can start testing the waters without a formal business? I'm in Canada (BC), but I guess it can be incorporate in US too if it creates more convenience. Is there a guide/article about this subject? Thanks in advance [link] [comments]  |
| Are international clicks worth it? Posted: 27 Aug 2020 09:25 AM PDT |
| Posted: 27 Aug 2020 05:15 AM PDT Hi, I am thinking of using a Penrose triangle for my logo. It is an apparel company. How do I go about finding if I would run into any issues with this logo or if the image is trademarked etc... Any advice you could provide would be much appreciated. Thanks [link] [comments]  |
| Financial services sales question Posted: 27 Aug 2020 04:46 AM PDT Hi folks, wondering if anyone has experience selling financial services, specifically payment programs (credit card processing, cash discount, etc.) to businesses in industries like hospitality, retail, ecom? If so, could you shine a little light on what business development looks like for these kinds of businesses and some best practices? [link] [comments]  |
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