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
- Innovation without (high) technology
- Founders in-between startups, what do you do?
- When Can I Expect First Sale (ROA)
- I want to create an information app but don't know how to get started or who to even talk to
- STARTUP QUESTION (SOS)
- Management Tool Recommendations? Desperately trying to get off Jira.
- Privacy policy and terms of use for android app
- Should partner equity diminish on investment events?
- Do you write about your life and how working on a startup affects it?
- How would you market software that generates traffic?
- Advice for managing rota
- What Should I Expect from the Startup I Work At
- Strategies for crowdsourcing content
- im incompitant... need help starting an organization?
- Mental health and work/life balance
- Have you considered using a fractional CTO?
- Packaging for selling a (protein like) bar
- Question about sleeping partner
- Prints for sale Instagram page: how to broaden our audience/reach more potential buyers?
- Where to sell an unethical business?
| Posted: 24 Sep 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]  |
| Innovation without (high) technology Posted: 24 Sep 2020 02:32 PM PDT Hi all, I'm a professor and I teach innovation/technology and I think this is probably the right crowd to ask for feedback. By way of background, most of what I teach focuses on software and building new companies...but I'm also really interested in the concept of innovation more generally, including innovation NOT involving high tech. I'm thinking about things like teaching folks how to do process mapping, create a decision tree, build a mind map, envision new business models, and so on. A few questions of the crowd: do you have favorite low tech tools for innovation (think: no computer required - I want to reach people who don't see themselves as techies, and computers can be a barrier), and would you be interested in reading more about this topic? [link] [comments]  |
| Founders in-between startups, what do you do? Posted: 24 Sep 2020 09:08 AM PDT I am winding down my role at my current startup. They have a strong team, are well funded, and I don't particularly like the direction they are headed, so we are parting ways. Thinking of getting a job but don't know what companies would value my entrepreneurial experience, plus provide an environment in which someone with a startup mindset would flourish. I've heard idea/startup labs are a thing but don't know of any. Founders in-between startups, what are you up to? Did you get a job while you work on the next big thing? If so, where? [link] [comments]  |
| When Can I Expect First Sale (ROA) Posted: 24 Sep 2020 08:52 PM PDT I have a very new startup that's been two months in the making. We are now live, offering a subscription service for customers in my state. I'm primarily running online still and video ads and they have been running for one week now with around 1000 views per ad and my advertising leads to 60 -100 visits on my Shopify site per day. I still haven't seen a single sale. Is this normal? I'm starting to get really worried that our price is too high, only our business is primarily a marketing firm so we can't directly change the price. TL: DR: On average how much web traffic is needed before generating sales and when do you pull the plug? [link] [comments]  |
| I want to create an information app but don't know how to get started or who to even talk to Posted: 24 Sep 2020 11:39 PM PDT I don't really want to talk about the idea that much haha. But essentially what I am looking for is guidance in how to go about building off of an idea and making something out of it. If I wanted to create an application, who would I talk to about that? maybe I should be in another subreddit for app development. hmmm not sure. I want to create an app that does something similar to how yelp or google provides information about a company or business like a restaurant, hotel, supermarket, et cetera. Where do I even start? what kind of people do I need? (i.e. programmers, web developers, et cetera) What might I need for financing something like this? Any guidance would be greatly appreciated! [link] [comments]  |
| Posted: 25 Sep 2020 12:44 AM PDT Good day fellow entrepreneurs! I'm a newbie in the lean startup methodology and I just recently started my startup idea and I'm currently in the process of validating my idea, but one of the disadvantages of being a self-learner is that it's hard to understand the frameworks and what next steps to do after each test. Plus I'm overwhelmed and bombarded by the frameworks that I recently discovered like "The Validation Board" so I'm asking you guys for your expert advice and wisdom: Q1: What is the Validation Board? Q2: I'm currently using "The Lean Canvas" for my startup idea. Can I combine the Lean Canvas and "The Validation Board" at the same time for my startup idea? or is it an alternative to business model canvas and lean canvas? Thank you for those who will take the time to answer my questions, seriously keep safe! [link] [comments]  |
| Management Tool Recommendations? Desperately trying to get off Jira. Posted: 24 Sep 2020 12:48 PM PDT What webtool do people use to manage client/customer support requests, internal tickets, time management and tracking per client/customer, and CRM? Everything I've encountered, trialed, looked in to is a massive let down one way or another. Whether it simply doesn't load, or doesn't track time per customer, etc. Desperately trying to get off of Jira. Thank you for any and all help! [link] [comments]  |
| Privacy policy and terms of use for android app Posted: 24 Sep 2020 04:25 PM PDT I am developing an social media android application. I have approached lawyers to draft Privacy Policy and Terms of use documents for this product. They quoted around $1500. I am individual contributor and cannot afford such amount. Can anyone suggest alternatives or any references for more economical solution. [link] [comments]  |
| Should partner equity diminish on investment events? Posted: 24 Sep 2020 12:07 PM PDT In the progress of negotiations to be brought on as the CTO for pre-seed post-revenue company. Looking at around 5% equity. Is it "standard practice" that my equity would dilute, proportionally, upon investment (or new leadership hires, etc) events? Or is it standard that my equity would remain static throughout? Any terms or concepts I could be looking into to learn more about this specifically? [link] [comments]  |
| Do you write about your life and how working on a startup affects it? Posted: 24 Sep 2020 05:50 AM PDT I've started a company earlier this year just before covid was "a thing", and we recently started the company's blog on Medium (I'm not linking to it so as to not spam you all). But, I'm contemplating also writing about the stuff tangential to the company. Such as, how having a family and a step daughter affect things, how I cope with my father getting heart surgery (as I type this in fact....), how I deal with having a full time day job, etc. My goal isn't to build SEO for the company, rather it's some of my personal branding but mostly a way to just express myself and grow as a person and hopefully help others who are going through some of the same battles outside of the startup itself. Does anyone else here do something similar? How has it helped you in dealing with this thing called life? [link] [comments]  |
| How would you market software that generates traffic? Posted: 24 Sep 2020 03:01 PM PDT So I built some software that works really good to generate traffic to my website it's not fake traffic it's real people and a big percentage actually signup to my website. So after it worked so good for me I thought people probably could use this software too so i decided to license it out for $1 a day to anyone who wants to use it. The problem is while it works great to get my site signups, it's just not going to work to for getting business owners due to how it works. So how would you find business that need a good amount of traffic for $1 a day? The only thing I can come up with is maybe messaging people on producthunt? But if you know any other places to find people who would be interested please let me know I'm drawing a blank. Edit: for more context on how this software works it's actually multiple software each having a different purpose. One auto follows people on a social platform that allows mass following this will get you a ton of people to follow back. The other is software will automatically make an account on a social platform and join about 1300 popular groups and post your advertisement. While you might think this is unethical and that's fine it's not for everyone but it still works to get traffic and I'd rather not talk about what's ethical and just focus on ways to market it to people who need a boost in traffic and subscribers. [link] [comments]  |
| Posted: 24 Sep 2020 02:40 PM PDT Hello there, I have just started in a new job managing a holiday let property business in Sunny Scotland. We have 50 properties, two cleaning staff and three different cleaning contractors. The cleaning rota that is currently used is crazily complex, shoots way over budget and does not provide a means for monitoring. There must be an easier way! Maybe with an app (although I'm not sure if the business owners would be prepared to pay for it!) Please do suggest any inspiration that you may have. Huge thanks in advance [link] [comments]  |
| What Should I Expect from the Startup I Work At Posted: 24 Sep 2020 02:22 PM PDT I do a lot of freelance work on the side of my own startup. One of my jobs is working as a journalist for an eSports company. Won't list the name but they have around 5k followers and pay their entry journalist $17.56CAD per article(no salary). They're about 10 months old and I receive 7-14 weekly articles(800 words per feature). Obviously not a livable wage by any means but was wondering if anyone has thoughts if my position has the possibility of becoming bigger. I just don't want to get stuck behind earning pennies and marbles. And I'm not very good at making predictions on when to stay or leave. [link] [comments]  |
| Strategies for crowdsourcing content Posted: 24 Sep 2020 10:05 AM PDT I am looking for ideas on how to crowdsource content for an online platform. For example, say you were going to create Udemy from the ground up again. How would you go about getting the courses, which is required before you can have users start taking advantage of it? [link] [comments]  |
| im incompitant... need help starting an organization? Posted: 24 Sep 2020 05:23 PM PDT I want to start an organization in Canada that's fully online - I tried to contact large organizations to see if i could get sponsored for my idea but they didn't respond. Should i just... make a website and get people together? how do i go about this... I'm in high school, by the way [link] [comments]  |
| Mental health and work/life balance Posted: 24 Sep 2020 09:18 AM PDT I've seen a few posts talking about this lately, so I thought to bring more awareness and depth into this (I believe, crucial) topic that gets overlooked often. I want to propose a couple questions to kick things off, and let's see where do we get in the comments! As an ambitious business owner, are you struggling with giving yourself a break and enjoying your down time? If so, what are the two biggest issues you're dealing with? What would you wish for more than anything else regarding your work/life balance and your mental health? [link] [comments]  |
| Have you considered using a fractional CTO? Posted: 24 Sep 2020 07:10 AM PDT
[link] [comments]  |
| Packaging for selling a (protein like) bar Posted: 24 Sep 2020 09:30 AM PDT While most ventures I have attempted have leaned towards software, I am exploring a physical product venture and was wondering if anyone has experience making and selling nutrition like bars before. I am most interested in what to search for to get a good deal on packaging for the wrapper of the bar as well as a box to put them in. Is it best to look locally as we will eventually be making these in a commercial kitchen? I have already started researching and reaching out to people to create designs for these items but am pretty lost as to where I can get them manufactured in lower quantities to start out with. I am located in the US if that's pertinent. [link] [comments]  |
| Question about sleeping partner Posted: 24 Sep 2020 08:56 AM PDT Hello, This might come across as something not traditionally occuring in the startup ecosystem but my predicament is such. A little backstory to my situation, I am currently developing a mobile app for a friend's small retail business and I have signed a contract where I will be paid once the app is launched. Post launch, she's shown interest in continuing to work with me for any required updates/services needed. As a freelancer, the no brainier would be to charge her for each update or something along those lines. However, I do have a gut feeling that the business will grow and I was wondering if I could, rather than take a payout on updates and services, ask for a small percentage of the equity. I have no interest in the day to day running of the company and I love my current job. I'd just like to step in from time to time, make the needed updates and share in the profits, all the while not being a direct employee of the startup. Do these situations occur and could I become a sleeping partner of sorts to the business. P.S. - I'm just a tech guy with no background in business or company formation of any kind so I do apologize if this comes across as something trivial or non-sensical [link] [comments]  |
| Prints for sale Instagram page: how to broaden our audience/reach more potential buyers? Posted: 24 Sep 2020 08:42 AM PDT hi guys, I just started an instagram page to showcase my husband and I's (mostly his) photographs/prints for sale! apart from just following friends of ours, I'm wondering how I can reach a broader audience/potential buyers. any tips are appreciated seeing as I'm very new to this 😊 [link] [comments]  |
| Where to sell an unethical business? Posted: 24 Sep 2020 10:35 AM PDT I want to sell my Social Media Services business and am looking for a place to do so. The price range would be around $30k. Although legal, the business itself is quite unethical but able to generate very nice revenues ($20k+/month). I don't think Flippa is a good place for it as it is, as said, quite unethical. What are some other places I can sell my business? [link] [comments]  |
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