Startups In Europe, the startup funding graduation rate is also surprisingly low |
- In Europe, the startup funding graduation rate is also surprisingly low
- Tips on scaling a services business?
- Parental support in a startup v.s. college
- Do people also do not answer your survey?
- Business approach: who are the decision makers precast concrete vs on site cast concrete
- Just started my agency last month and I feel overwhelmed
- Self employment transformation into real business
- B2B SaaS billing - Beginning (upfront) or end of month?
- Segmenting for hyperlocal
- SEO Auto Scanning Utilities?
- How much equity would you offer?
- Banks?
- Growth strategy tips for startups?
- Monetizing website similar to youtube
- How do you find a name for your projects?
- Help weighing pros and cons giving equity to an investor vs giving equity to a developer
- How do you market to school districts and education institutions?
- How can you tell if something is not going to work?
- I want to promo my startup on YouTube. Should I use one channel or create another for some "viral" clips arount the startup?
- Tech cofounder - what good and bad signs should I look for?
- What's the best advice you got after being rejected from an accelerator?
| In Europe, the startup funding graduation rate is also surprisingly low Posted: 03 Nov 2020 01:28 PM PST We used Crunchbase to look at all European-based companies that raised a Seed round between January 1, 2008, and December 31, 2010. This period is close enough to make any findings actionable, and long enough ago that the companies had time to set their trajectory. A total of 1092 companies received a seed investment in Europe between 2008 and 2010. Data show that the number of companies securing a Seed round increased yearly from 2008 to 2010. In 2009 the number of seed-funded companies increased by 19%, and in 2010 it increased by 59%. This particular finding is in line with existing research and data; suggesting that securing a Seed round of funding has been more common over the past ten years in Europe. The countries with most companies securing a Seed investment were the United Kingdom, Germany and France. This is likely related to the maturity of their innovation ecosystems. But still, no direct relationship or correlation was evident. Factors like the gross domestic product, tax system and/or the existence of fiscal benefits might also play a role. From these 1092 companies, only 217 secured Series A funding and, from those, only 118 secured Series B. The drop-off rate is clear. This trend persists throughout Series C, all the way to Series E, and across all yearly cohorts. Only 20% of the companies receiving seed funding can secure a Series A. We found exponential decay in the startup graduation rate in Europe, shown by applying a logarithmic scale. The steep drop-off rate, allied with the macro-economic benefits of startups and venture creation, clearly attests to the importance of developing a stable and attractive ecosystem. We must be able to attract more people as potential entrepreneurs. As for governments and institutional players, they must increase capital availability for early-stage investments. Similarly, for founders who have been able to secure Seed investment, this paints a stark picture. These founders might be tempted to adopt a somewhat narcissistic view and assume that subsequent rounds will be easy to raise. In reality, as shown above, it is quite the contrary. A couple of takeaways would be, as a founder, to start fundraising long before you need any cash and to favor investors who can help you go through future fundraising. Access to later-stage capital is crucial. The latter is also relevant for investors; who must ensure they have enough gunpowder for follow-on rounds and access to later-stage syndication partners. More data here: http://untamedpotential.com/eu-startup-funding-graduation-rate/ [link] [comments]  |
| Tips on scaling a services business? Posted: 03 Nov 2020 07:51 PM PST I run a business helping startups raise capital - I have done a few with great success, but wondering if anyone here can help me with suggestions on scaling my business. i.e. Find more clients. If you could share insights from scaling a service business that would be great! Thanks and looking forward to giving back to the community! [link] [comments]  |
| Parental support in a startup v.s. college Posted: 03 Nov 2020 09:30 PM PST I'm a hs student with a family that forbids me from creating a company that actually has the legs to go anywhere. I'm a 4.8 GPA and all the nine yards academically but I resent the box that I've been shoved in all my life, and know that I can make it in a tech startup that will give me more control in my life and more investment in what I'm doing in it. I know startups are risky, but I am willing to accept the risk in my own life but they aren't. It's affecting my college decisions and kinda making me depressed that I could end up in a slave-bound job going nowhere until I die. How can I either push back, brush off, or accept what's happening? If I stay in this limbo-state, I can't make a move either way. [link] [comments]  |
| Do people also do not answer your survey? Posted: 04 Nov 2020 12:27 AM PST So I and my university professor started building a platform for entrepreneurs just like you and me. It is going to be a mix of Coursera and Reddit, we will have all bunch of stuff on it, seminars, famous entrepreneurs talking, courses, blogs, and most importantly - a community, which helps and push each other to do greater things. However, the survey we created is targeted at entrepreneurs and we don't find a way to reach them and ask them to do it, we need about 50 answers so we would know which direction to sail. Maybe someone could take a look at it, maybe there are some questions that should be changed and then more people will answer? And where do you guys think we could post it so entrepreneurs would see it? P.s. Another thing we do to increase people's will to answer the survey is that we promise them the platform for free if they give us their email, so we would repay them for the time spend on a survey and also to get feedback so we could improve the [link] [comments]  |
| Business approach: who are the decision makers precast concrete vs on site cast concrete Posted: 04 Nov 2020 12:11 AM PST Hi guys, I've been working on a start-up in the construction business that focusses specifically on pre cast concrete elements. Does anyone here have had any experiences within this business first hand? I'm especially interested in what the roll of the architects or engineering firm is in the choice to use either on site cast concrete or pre-cast elements? [link] [comments]  |
| Just started my agency last month and I feel overwhelmed Posted: 03 Nov 2020 06:11 AM PST I just landed my third client which I am proud of, but still cannot feel excited or happy because of how cloudy my head is with feeling overwhelmed and stressed, is this normal? Also the feeling of this is too good to be true is taking over most of the time since everything has been going well accordingly and I already have people wanting to partnership and clients are very happy with the service they are getting. [link] [comments]  |
| Self employment transformation into real business Posted: 03 Nov 2020 11:19 PM PST So its this time of the year when you look back and see what you have achieved and what you would change. This sub was very informative and opened eyes on many things i wasn't aware of. I always thought im running a business. Well I do have a license, i do have customers, I do a bit of marketng and generally I make pretty good money. The thing is that I'm running it as a sole trader and i do most of the work myself (im in consulting/IT) occasionally subcontracting some stuff and I feel i havent made much progress recently. I would really like to take my business onto another level but would know neither on conceptual nor on technical level how to get around things like raising money, shares, investors etc. Can you recommend some resources that would help and describe the journey? [link] [comments]  |
| B2B SaaS billing - Beginning (upfront) or end of month? Posted: 03 Nov 2020 12:23 PM PST Currently I am invoicing clients at the end of the month, immediately after they've used the app for the month. A potential client asked to be invoiced with 30 days late payment. Meaning you see the money after 60 days (30 days them using the app, and the invoice for that due in 30 days). I really don't like this, as this is a long wait time. From what I see, all the SaaS businesses charge in advance, but I am not sure how prevalent is the upfront vs end of month billing. Can you please share your experiences and advice? I'd like to improve my model and cashflow. [link] [comments]  |
| Posted: 03 Nov 2020 03:16 PM PST
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| Posted: 03 Nov 2020 06:46 PM PST I was just looking for SEO companies and stumbled on "straightnorth". They have a tool on their site that generates a kind of SEO check list for you and compares your site to one of your competitors. I'm a little astounded at the quality of data. Are there other free tools that you all use that do similar SEO optimization/checkups? [link] [comments]  |
| How much equity would you offer? Posted: 03 Nov 2020 08:45 AM PST Hello. We built an iOS app. The team consists of a UX designer and iOS developer; both have 50% equity and our pre-revenue. We are seeking to hire another iOS developer to develop solutions requested by users. How much equity would you offer? Why? Thank you. :) [link] [comments]  |
| Posted: 03 Nov 2020 09:24 AM PST Hello! I am starting a service business as a sole proprietorship with my husband and was wondering what type of bank is best. Should I get an online bank or should I go to a bank where I live? (I live in a small town with limited options since some of the banks do not do business accounts). I am very confused. Edit: I have decided to go with a local bank here. I initially tried my credit union but they do not do business accounts. The online banks I have looked at were hard to deposit cash. My business is purely cash and check. I should have mentioned that we just started the business up a few weeks ago so we are not sure of our service income. [link] [comments]  |
| Growth strategy tips for startups? Posted: 03 Nov 2020 03:42 PM PST I'm currently working on an app that targets college-aged/post-grad women - it's in beta stage now, and so far I've reached out to clubs on college campuses, but are there more effective ways to expand user-ship for an app? I want to onboard as many people onto my app as possible within a set timeframe, but I'm not sure where to start. Any suggestions on how to grow a platform? Any advice would be amazing :) [link] [comments]  |
| Monetizing website similar to youtube Posted: 03 Nov 2020 03:36 PM PST Hi, so I have a website where users can upload documents and then others can view them for free. Kind off like youtube but for documents instead of videos. I tried placing google adsense on my website however my CPC is super low. I earn like $0.1 per click... Is there any better way to monetize the website? Thanks :) [link] [comments]  |
| How do you find a name for your projects? Posted: 03 Nov 2020 05:36 AM PST Naming is always a pain (even while coding). How do you proceed when you have a new product but can't find the right name? I've used Namelix but that doesn't really help… For most of my previous projects, I spent literally several weeks on this. What're your tips to get a good name? [link] [comments]  |
| Help weighing pros and cons giving equity to an investor vs giving equity to a developer Posted: 03 Nov 2020 08:40 AM PST I'm looking for some advice on weather I should seek money for equity or a developer. Currently I am the only dev on the team of a small start up. Our product is web based and will require considerable development effort before we can make a profit. The strategy we are employing now is to build out a functioning alpha version of the site (maybe 10-20% of the full functionality) to boost the value of our equity. We are trying to decide weather we want to sell equity to an investor and use those funds for a developer (full time) or if we should give equity to a new dev in place of salary. Ideally we would give around 10% Edit: to clarify the developer would not receive all the equity up front. It would be vested over a period. However, without paying a salary I'm not sure how much work can be expected from the dev. [link] [comments]  |
| How do you market to school districts and education institutions? Posted: 03 Nov 2020 05:26 AM PST I have a small startup that is pretty much a browser based alternative to Zoom. We already have more features than Zoom and designed to be as easy to use as possible for education institutions (they're our main target audience), and we can integrate with their existing software. We're also a little bit less expensive than Zoom. The question we're having now is, what is the best way possible to get in contact with potential clients? We have very little capital, and our main ideas till now have been just to send targeted emails to staff (superintendents, principals, tech departments) of districts with Covid cases, Zoombombing issues etc, as well as to staff of online schools. Email marketing isn't very effective though, does anyone have any ideas or suggestions? [link] [comments]  |
| How can you tell if something is not going to work? Posted: 03 Nov 2020 05:08 AM PST Could the notion of skipping an obvious feature be a clear evidence that there is no true value for this feature to the business or the product? Of course, all considered, market fit, demographics, and entry barrier. Could "Standing on the shoulders of giants" be somehow flawed and is becoming less relevant? I really like to hear your thoughts on this, if you had a similar case where you had to abandon a feature or adjust a business model just because the big players did not consider it? How did you go around it? Our startup is working on proposing a multi layered solution solving an intricate and semi-permanent logistic problem that hindered the MENA region for decades. [link] [comments]  |
| Posted: 03 Nov 2020 11:44 AM PST Hello guys, Should I use one official channel of app or make separate like "Top sportsmen in history" and redirect these viewers to my mobile app when it will be done? What should I choose and why? Thanks! [link] [comments]  |
| Tech cofounder - what good and bad signs should I look for? Posted: 03 Nov 2020 11:38 AM PST I am looking for technical cofounder to my startups remotely. What good and bad signs should I look for in him? What should be my first steps to check him? Also - would you consider CEO of software house as cofounder (where he may invest his team) or only independent man? Why? [link] [comments]  |
| What's the best advice you got after being rejected from an accelerator? Posted: 03 Nov 2020 07:05 AM PST Sometimes founders get through a few stages into the accelerator interview process and are not a good fit or not good enough. Explaining why they didn't make it is good, but accelerators can do better. I'd love to hear specific advice you have gotten when you were rejected by a startup accelerator. The more specific, the better. [link] [comments]  |
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