Startups Feedback Fridays - A Friendly Feedback Exchange For Ideas and Products |
- Feedback Fridays - A Friendly Feedback Exchange For Ideas and Products
- Rude VCs
- Best way to get involved in a startup that is in the early phase of formation? More inside.
- "Don't ever give your product away for free" Agree or disagree?
- Has anyone ever made a proof of concept just to give it away because they were passionate about the concept but didn't want to run a company? What happened?
- Clothing Startups - Need advice
- What kind of PPC should I choose?
- Struggling to understand how to validate a product that consists both b2c and b2b with only a simplified landing page!
- Interview for a finance role with a tech startup
- Spinoff equity?
- Fintech Startup Needing Guidance on SEC regulations
- App in final testing. How to plan a small city wide ad campaign?
- Where to find a co-founder who is a developer?
- How to divide ownership fairly
- Payment processor questions
- Looking to start a recycling company
- Clothing Company StartUp
| Feedback Fridays - A Friendly Feedback Exchange For Ideas and Products Posted: 27 Nov 2020 05:07 AM PST Welcome to this week's Feedback Thread. This is the place to request feedback on your ideas and products. Be sure to give feedback if you are requesting feedback. Equivalent exchange goes a long way towards reaching your own goals and it makes for a stronger community. Please use the following format:URL: Purpose of Startup: Technologies Used: Feedback Requested: Additional Comments: Post your site along with your stack and technologies used and receive feedback from the community. Please refrain from just posting a link and instead give us a bit of a background about your creation. Feel free to request general feedback or specific feedback in a certain area like user experience, usability, design, or code review. You can also find more support using instant chat on the /r/startups discord. [link] [comments]  |
| Posted: 27 Nov 2020 07:20 PM PST Is it common for a VC to be rude ? Just want to set my expectations accordingly. I had a online meeting with a VC in SF having already pitched to one the previous week. They arrived nearly 20 minutes late to the meeting and spent 10 minutes explaining why he doesn't like our idea and then aggressively told us stuff to think about. The thing is, they had our pitch deck and agreed to the meeting. So why take the meeting if they were going to say no....... [link] [comments]  |
| Best way to get involved in a startup that is in the early phase of formation? More inside. Posted: 27 Nov 2020 12:09 PM PST I work full-time as a software engineer for a company that I'm very happy with. I'd like to join a startup that is essentially in the extremely early phase of formation, so it could allow me to keep my full-time job, while contributing to the startup on weekends or nights. If the startup ends up getting traction, I'd be happy to join full time. I guess what I'm after is an opportunity that would allow me to come in as one of the startup's core members, that would have me wearing many hats (technical & entrepreneurial). My dream would be to be one of the reasons a company was able to hit the ground running & be successful. So I guess my question is what's the best way to go about networking to find these startups that are more or less in the concept phase? I don't want something that's a 9-5 (because I have that already). I want something that's someone's side project that I can contribute to in hopes of forming it into a living, breathing product. Thanks! [link] [comments]  |
| "Don't ever give your product away for free" Agree or disagree? Posted: 27 Nov 2020 10:59 PM PST So we're in the midst of product development and we're securing some leads for pilot testing. However the general consensus is that to really discover if there's value in your product (we're doing B2B SaaS), your customers need to pay for it from day one even if it's a dollar. What are your thoughts? [link] [comments]  |
| Posted: 27 Nov 2020 10:44 PM PST Basically, I have an idea I believe in. I think there's potential for a solution like mine to be profitable and, depending on how it's done, an added value to society. But I don't want to start a company. I'd rather have an easy paycheck and focus on myself. However, the ethical impact my product could have if it succeeds just keeps me thinking about it, even years later. I can get value out of making a proof of concept (think FE only) and a business plan because they'd look good on the CV. I'm tempted to do that and then try to give it for free to a philanthropic organization to further develop the bits I can't do on low cost (e.g., legal compliance). However, even if they liked it, I imagine it would probably languish since they're not technical or often for-profit organizations. Has anyone ever given their MVP away, particularly to solve problems that nonprofits try to solve? What happened? [link] [comments]  |
| Clothing Startups - Need advice Posted: 28 Nov 2020 01:10 AM PST I am a newbie planning to start my own clothing startup and not from tailoring education background.doing a casual relaxed fit tee and need advices as below. Please feel free to chip in anything. [link] [comments]  |
| What kind of PPC should I choose? Posted: 27 Nov 2020 11:05 PM PST I'm trying to validate an idea of making a browser extension for GMail that would help you delete/unsubscribe from all emails that you never read and focus (with a bit of CSS manipulation) on the ones you're most likely to read first. After initial good feedback (from strangers on Reddit), I decided to validate it using PPC. My obvious idea was to use GMail ads and bid on "Black Friday". Note that I've never used GMail ads before. The next day I woke up to 81% CTR and thought I was going to be a millionaire. Only to discover that I'm paying not for my website visits, but for opening the sponsored email. Maybe my image was shitty, but I got zero visits to my website. Here's my question: does it make any sense to use GMail ads? What would you use instead? I tried to run a search ad campaign, but I couldn't figure out what to use as search words (does anybody search for such a tool?), so I ended up with "Black Friday" again, but now Google charged me with €3.5 per click. [link] [comments]  |
| Posted: 27 Nov 2020 11:01 PM PST Basically searched on this subreddit and on Google how to validate a product. Most of the pin points are very similar. Create a good landing page and let users to go to checkout and then show an error asking for waiting list. Or basically most of the validation focuses around very very basic version of a product to see if you gonna get any foot traffic. What I am struggling with is, I dont think this approach applies to all products out there. Basically the business model of the product will be like Yelp or Angies List, where customer will spend time in the app, and I will sell that customer data to the business as a lead and offer subscription to the business. So there is not really a simplified version of product selling going on. I have done a fair amount of research about the domain, there is not really a product out there providing this in the industry I am trying to get in. And cold approached couple people on LinkedIn, and looking for more people to chat with. But how do I approach this problem? I dont think a simple landing page or one function app will solve the validation problem. Any tips about how to validating a SaaS that have both b2c and b2b product? [link] [comments]  |
| Interview for a finance role with a tech startup Posted: 27 Nov 2020 10:57 PM PST I have an interview with head of finance of tech startup that is relatively young (pre seed round funded and product already launched). I am excited about this opportunity but feeling nervous as I have been out of work for over a year. It is for a senior FP&A role, I have done extensive research on the company and understand their business model pretty well. I have never interviewed with a startup before and want to know what type of questions are they likely to ask and any tips or advice I should know? [link] [comments]  |
| Posted: 27 Nov 2020 10:46 PM PST I have the chance to spinoff the product my team has worked on the last year as its own seed-funded startup, where I'd be CEO. (I'm currently CTO, designed the architecture, and drove many of the product ideas/decisions, as well as being hands-on with code/devops.) My current company would take equity (% t.b.d.) for incubating the product, and the seed investors would take their share (20-30%). I've bootstrapped/sold a company before, where I owned 90% at exit. But this is the first time trying to figure out equity for a seed-funded company. I'm treating my current company's equity essentially as a pre-seed round, in valuing their percentage. I'm in a position where I need to drive the negotiation of the equity % for the founding team. I know the founding team (3 of us) wouldn't get a majority share, obviously, but it's debatable whether than number is more like 20% or as high as 40%. Given the current company has incubated it, and paid our salaries for the year, I understand they require a decent cut, but we'll be taking on the risk of making it "real". (Especially me, since I'll be moving into a joint CEO/CTO role.) Also, if we don't spinoff, there's a chance the product gets orphaned/killed if the 3 of us would decide to move on. So there may be some leverage here. Has anyone been in a similar position, and give any ideas or advice? [link] [comments]  |
| Fintech Startup Needing Guidance on SEC regulations Posted: 27 Nov 2020 09:05 PM PST Hey, me and some college friends have decided to work on a startup fintech app. Without giving away too many details the app would be similar to Robinhood except it would work more with algorithms. While we have knowledge on the coding side, we are struggling on where to find the governemnt regualtionsthat aopply to us and don't currently have the money to have a lawyer. We don't want to mess up along the way and end up in jail so if anyone has knowledge about the certain laws, acts, and SEC regulations we should be looking at it would be a great help. We plan to make any trades through a clearing firm so that we do not have to be broker dealers but assuming people would be putting money into the app, we would be handling people's money. Any help is greatly appreciated! [link] [comments]  |
| App in final testing. How to plan a small city wide ad campaign? Posted: 27 Nov 2020 06:53 PM PST Hi all, So our app is finally about to be launched (doing final QA testing now) and I'd like to do a small city-wide soft launch online advertising campaign. Total cost about $500. The problem? I have no idea how to begin to do this. Any suggestions/resources would be *really* appreciated. Thanks :) [link] [comments]  |
| Where to find a co-founder who is a developer? Posted: 27 Nov 2020 06:08 PM PST I have a project I'm working on but I have a limited knowledge in programming. My friend told me that my chance of getting it done is only 1% because I don't have at least a developer with me. I'm starting to believe that he was right and I am very frustrated. The business idea is proved that it works well in the USA so I want to do it in my country. Yet the developers I hired from Pakistan didn't do the job as well as I expected and I realized that I need a real programmer. I've sent many messages to many people from reddit to youtube asking them to join but no one is interested in it, or they have other plans, or the program languages are not their expertise. Thus I'd like to ask you guys if there are places that I could look into and maybe I could find the one. I really appreciate your input! [link] [comments]  |
| How to divide ownership fairly Posted: 27 Nov 2020 10:00 AM PST Yes, I know, se don't have a product yet and here I am trying to clarify who deserves what, but I wanna do this so that there's no issue in the future. So, I had a business idea, shared it with a friend, he agreed, we made a 50-50 split to go on with it. We applied to some different programs to get financing but didn't work out. Anyway, that didn't stop us and here we are trying to make this happen. After we discussed about it, he started looking around for programmers to make the apps and website and he managed to find 2 people that he knew and they seem like they're able to do it. And they're rather positive and seem like people with good intentions that won't cause problems down the line. Problem is,how do we distribute shares at this point? Sure, we don't have a product yet, but I wanna make everything fair and clear since the beginning to avoid any kind of confrontation down the line, because from experience, I've found out that that's what money does. My idea was, 10-15% for the new additions, leaning more towards 15% for each of them( 2 new programmers) and a 50-50 split for the remaining part between me and my friend. This isn't definitive as based on the work we put in and the results we have, this can be subject to change in the future if the 4 of us agree, of course. Anybody got any suggestion regarding this matter? And in any case, how much should the initial founder's idea be worth it(in a fair evaluation always, as I'm planning to ofc keep working and give my input with everything and lead where the need is with the design, marketing and the way how we're going to approach businesses)? P.S The initial idea was pretty well thought and researched as around 80-90% of how we're going to do things was laid out. And I know, an idea is worth less than even 1% of an actual functioning business, which is what we intend to achieve, and to do that, a lot of skilled people are needed, so I don't say this in an ego - satisfying manner. [link] [comments]  |
| Posted: 27 Nov 2020 12:44 PM PST First of all this isn't my main business but since I'll need to handle payments anyway and because I have slightly different requirements than normal I was just interested in the answer to this question. I was wondering what the process was to accept Visa and Mastercard payments directly without going through a third party payment processor such as Stripe or PayPal for example was? I basically want to be able to accept payments for my own websites and other websites (basically in the same way PayPal works) but I haven't been able to find detailed information on the processes that Visa and Mastercard require you to go through in order to take payments from their cards directly. If anyone can shed some light on this issue it would help a great deal. Any help would be appreciated. [link] [comments]  |
| Looking to start a recycling company Posted: 27 Nov 2020 11:43 AM PST Looking for any tips that are up to date. I have never started a business but I feel like trash produces it's self with any increase in any material market. It's going to need to be an infrastructure utility in years to come. How can I partner with local government to start a program? How would I figure out how much it would cost to start? Do I need an LLC before I do anything? Can I be a non profit? Any tips at all would be helpful. [link] [comments]  |
| Posted: 27 Nov 2020 10:41 AM PST My biggest reason for probably starting a company is because I can find nice pieces while shopping online, but usually they're out of stock or I don't like the color choices, or even vice-versa where I like the color but hate how it fits. With starting a company, my biggest motivation would be to make clothes that I cannot simply find in my preference of style--mostly simple and minimalistic with bare branding as well as box-cut fitment...in darker tones. For manufactures how does the whole process work? Do different companies specialize in certain things like screen-print and textile material? For me if I were to start a company, I'd go with higher material of basics that are boxy fitting over looking for graphic tees. Do manufacturers work with their clients on what they want? If so, what companies do you recommend to look for or that you know of. [link] [comments]  |
| You are subscribed to email updates from Startups - Rapid Growth and Innovation is in Our Very Nature!. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment