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    Tuesday, December 1, 2020

    Startups Share your startup - December 2020

    Startups Share your startup - December 2020


    Share your startup - December 2020

    Posted: 01 Dec 2020 03:06 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.

    submitted by /u/AutoModerator
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    Manic Mondays: Support To Get You Through The Week: Share What You Need Help With, Job Postings, For Hire Offers, or Resources

    Posted: 30 Nov 2020 05:07 AM PST

    Welcome to this week's Support Thread. Please refer to the below suggested formats to get the most out of this thread.

    Need Support?

    Please use the following format to seek support:

    SUPPORT REQUEST

    What I am working on: What I need support with: Why I need support with this: My questions to the community: Requested Resources: Relevant URL: [if applicable] Additional Comments: Please add any additional comments that may provide more context around what you need support with so others can provide the most relevant support or guidance to you.

    Job Provider?

    Please use the following format to post a job listing:

    HIRING Company Name and URL: Job Title/Role: Employment Type: [Intern] [Contract] [Part Time] [Full Time] [Remote] Job Description/Responsibilities: Necessary Skills and Experience: Requested, but not necessary Skills and Experience: Job Compensation: Willing to Relocate New Hire: [yes] [no] Job Listing URL: Additional Comments:

    Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.

    Job Seeker?

    Please use the following format to post an offer to work :

    FOR HIRE Title/Role: Desired Location: Willing to Relocate: [yes] [no] Remote Availability: [yes] [no] Relevant Skills and Experience: Requested Salary/Hourly Rate: Resume/Portfolio URL: Additional Comments:

    Please add any additional comments that may provide more context around the job listing to make it easier for the right people to apply.

    Resource Provider?

    Please use the following format to post an offer to work :

    RESOURCE Organization Name and URL: Location Served: Resource Name: Resource Description: Resource URL: Resource Cost:

    Do not forget to explore the /r/startups discord. We have many relevant channels to seek support, post job listings, share for hire offers, and share resources. You can also find more support using instant chat on the /r/startups discord.

    submitted by /u/AutoModerator
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    Work-life balance is no joke.

    Posted: 01 Dec 2020 05:17 AM PST

    One of my employees has been struggling with chronic overworking for the past two months. She is the kind of person who monitors her emails in the evening just to make sure our client gets a prompt email reply or can make an urgent Zoom call, even though her workday starts at 7 am. For product releases, she volunteered for a few night shifts.

    Although all her overtimes and night work were compensated, money cannot instantly cure physical and mental exhaustion.

    I decided to reward her with a one-week vacation for two to the destination of her choice fully paid by the company. And of course, her workload for the next release will be closely monitored, as we don't want to lose her to burnout.

    Does your company prevent employees from burnout? And how?

    submitted by /u/followthewhitechaos
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    What does your marketing budget really look like and what are you selling?

    Posted: 01 Dec 2020 04:31 AM PST

    Trying to see how much I would need for marketing.

    I'm thinking about doing a "spray and pray" run of apps(websites for now, maybe mobile for later) over 3-6 months.

    Simple projects that solve simple problems or add value in some way.

    Could I get away with spending nothing on marketing?

    submitted by /u/p3opl3
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    Launching on my competitor's platform, should I do this?

    Posted: 01 Dec 2020 02:32 AM PST

    It is a silly (meta) question, and my gut says it is a bad idea. But, would you launch your product listing site on a competitors product listing site? And even pay for it? Somewhere, it makes sense because this is where most of your audience hangs out. On the other hand, it feels dangerous and could maybe harm your project? Or, waste your money.

    submitted by /u/cryptoteams
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    Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started

    Posted: 01 Dec 2020 05:07 AM PST

    Welcome to this week's Operational Roundtable Thread.

    Ask about anything related to legal, accounting, project management, or how to get started.

    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.

    submitted by /u/AutoModerator
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    User acquisition strategy for travel web app during the pandemic

    Posted: 01 Dec 2020 04:53 AM PST

    I launched a b2c travel-related web app a month ago. It helps a frequent traveler to find matching destinations with the AI-powered recommendation system based on the traveler's history of visits and checkins.

    I'm targeting travel enthusiasts and completionists, digital nomads, family travelers, and expats who relocated to travel.

    I'm struggling to find a scalable user acquisition channel to build my initial user base for the product-market fit experiments and user testing.

    Is there anything I could add to my channels, considering the fact that people are not actively looking for travel recommendations right now?

    So far I tried:

    - launching beta within my own network (25+ signups)

    - launching on Product Hunt (got 150+ signups) and Indie Hackers (0), HackerNews (0), still waiting in a line for BetaList launch

    - Foursquare related subreddit (few signups)

    - reached out to Foursquare power users on Twitter (few signups)

    - answering travel apps related questions on the TripAdvisor forum and here in /travel subreddit (0)

    - creating destination guides on Pinterest (0, just recently started)

    - writing the blog on Medium about travel tips, flight booking tricks, etc (0)

    - entered a few travel groups on Facebook and started the discussion about the problem space

    - reached out with 10+ travel, tech and mainstream press journalists who cover the travel sector (0 responses)

    I consider testing some paid channels like integration with some travel bloggers and Instagram nano-influencers. But I want to make sure I explored the free channels enough.

    submitted by /u/sashhimi
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    Thinking of starting a startup but what about income?

    Posted: 30 Nov 2020 03:29 PM PST

    Hello,

    I'm curious from past experiences of some founders... were any of you concerned about income when you went full time on your startup?

    I'm just curious because I want to start one myself but I'm frankly concerned about money being an issue to support my living.

    Any past experiences or tips?

    submitted by /u/OZONS
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    Is there a website that allows filtering by locations of the startup (more than one)?

    Posted: 30 Nov 2020 08:52 PM PST

    This is somewhat of a random question. I'm a developer from Israel and would like to move to Berlin.
    I'm thinking that getting a job here then asking for relocation might be the best way to get there. My problem is finding companies/startups with locations in both Tel Aviv and Berlin.

    I'm here wondering if anyone knows a website that allows filtering companies by where hey have offices in? It needs to allow more than one location in the filtering. Manually crossing everything in Israel with everything in Berlin is mission impossible.

    submitted by /u/Yanaytsabary
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    Hiring a Marketer / Growth Hacker With Outcome Based Fee Structure

    Posted: 30 Nov 2020 08:27 PM PST

    I've been working on building an online networking platform for professionals over the past 1.5 years. I'm getting closer to finishing it and now refocusing my energy on how to bring it to market. I know, I know, probably should have focused on this from the beginning. I've just been consumed with the development side of things.

    I'm not a marketing person and know how important having the right marketing strategy / positioning is to drive customer acquisition. I've been thinking about hiring an independent marketer / growth hacker to do this for me. I have no idea where to even start to look and how to vet the right person for the job.

    My idea is to find someone with experience doing this who would be willing to accept an outcome based fee structure ie. their fee is based on tangible customer acquisition growth targets.

    Has anyone had any experience doing this or something similar? How did you go about it? I would really appreciate any advice. Please. And thanks.

    submitted by /u/JeremyLondon01
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    How to find users willing to talk to you

    Posted: 30 Nov 2020 03:54 PM PST

    I'm working on a two-sided marketplace and it's difficult to find users willing to talk. I know where one side of the marketplace is and have talked to a few users, but the other half is difficult. I've reached out to many folks on LinkedIn with no success. I've tweaked and refined the message to see what works and what doesn't with no luck. How do you go about this efficiently?

    submitted by /u/djierp
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    Local Pickup for Marketplace

    Posted: 30 Nov 2020 02:57 PM PST

    Hello everyone, been a lurker for a while here.

    I'm developing a food sharing platform that will mainly be local pickups and couldn't come up with a simple function. The whole app design is using MVP approach (minimum viable platform) as I'm bootstrapping while working full time.

    Does anyone have any experience with this kind of pickup function?

    I was thinking that when an order is ready seller can have a function "ready" then a buyer comes and pickup and click "here" then the transaction completes or something.

    Any suggestion would be appreciated!

    Thank you Platers.ca

    submitted by /u/ABUMDWI
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    How can I find the startups doing a particular idea?

    Posted: 30 Nov 2020 10:09 AM PST

    So I have this business idea that's so painfully obvious there can't possibly not already be a dozen companies working on it. I want to find the company that is working on the business plan I think is most likely to succeed in this area so that I can invest in them. Is there some sort of directory somewhere where I can find startups by industry and business model?

    Specifically, I am looking for a company building inexpensive electric car charging stations to sell to small businesses and real estate owners. I think this is going to be a multi-billion-dollar disruptive business over the next decade and poised to explode within five years, and I want to invest in someone who is working on it.

    submitted by /u/NotRoryWilliams
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    Really struggling, what's the right company structure for me?

    Posted: 30 Nov 2020 01:41 PM PST

    Hi! I've been a lurker for a while but finally coming out of the shadows to ask a question that's been haunting me as I try to grow my small business.

    Background: I have a SaaS business that's structured as a single-member LLC. I've bootstrapped it and it's doing ~$30K MRR, currently running roughly break-even. I have no employees but work with ~5 contractors.

    I have no current plans to raise venture capital and am still figuring out if I want to grow the business as a lifestyle business or see an opportunity to grow much bigger. I do see a clear path to bootstrapping the business to $100k MRR, with costs staying roughly the same as they are now.

    I want to give out some incentives to a few of the contractors and some additional advisors and as a result, have begun looking into the pros and cons of different company structures to do this (as well as the optimal structure from a tax perspective).

    What I've learned:

    Advantages of an LLC:

    • No double taxation - Easy to convert to a C-Corp if needed (for example, if I decided to raise VC, I can take a wait and see approach)
    • No need to take a salary, do payroll, etc

    Advantages of a C-Corp:

    • The standard way equity grants are given out. It seems you can create a similar structure as an LLC, but it seems more complex (especially if I start to give out more than just a few grants) and I've read you can't structure them as options.
    • Can qualify equity as QSBS. So if we sold in 5+ years, we wouldn't pay taxes on the first $10M. This is obviously contingent on us selling.

    Questions:

    1. Am I missing any advantages / disadvantages of an LLC vs a C-Corp for my situation?
    2. How does one think about the tax implications of an LLC vs a C-Corp? Is there that big of a difference?
    3. What is the optimal way to structure these incentives, depending on the optimal company structure? I read that all grants are structured as options for employees, contractors, advisors - is this accurate?
    submitted by /u/dturnereen
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    Next steps for Media / Entertainment Start-up

    Posted: 30 Nov 2020 07:10 AM PST

    Hi all,

    I'm one of three co-founders a media company start-up. It's easy to call us a podcast network at the moment because that's what the majority of our content is, however, we come from the web series world and have already expanded into short form video content.

    I understand media companies take a significant amount of capital and that's why we've started with podcasting - low cost and low barrier to entry. We've gained some traction on our shows and are just working on consistency, targeting sponsors, and growing our audience.

    We see a lot of opportunity in the space, especially with the recent exclusivity and partnership deals happening. I think it's easy to say we want to be the next Ringer or something similar. In doing research, I found a more comparable target and that's Pineapple Street Media - less boisterous and flashy than say the Ringer but consistent, quality content and who got acquired by Entercom a couple years ago.

    And so this is where we are right now and what I would love some insight on - How do we continue to grow? I'd love to bring on Digital Producer, someone who could help manage the content in a consistent message and grow our audience; and we believe we need a Business Development head, someone who can help drive additional (and bigger sponsorship partnership) and someone who knows the digital advertising world a bit better. The problem is, revenue is limited at the moment, and so we wouldn't have much to offer from a salary perspective.

    Ideally, we'd like to connect with investors. We believe we have a good business proposition and need the resources to continue to see it through.

    So, I'm asking the community for any advice - how can we push this through? How can we attract some new talent and what we can offer? And what do we do next?

    Thanks

    submitted by /u/pwhales1011
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    Ideas on how to pre-sell my online courses so to validate demand, without creating the courses yet?

    Posted: 30 Nov 2020 12:06 PM PST

    Hi everyone, I am launching an online learning platform but before actually spending time and money into creating some of the courses, I am testing the market and trying to validate some courses topics. I am launching a series a online free workshops during the next few weeks so to start to pre-sell some courses. I will do some social media marketing that would lead to a landing page and hopefully convert into emails / attendance to the weekly workshops. Looking now for more ideas to validate demand and see what does the target customer is interested in. What do you think?

    submitted by /u/Andel1234
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    Anyone here have experience getting a letter of intent for a product that doesn't have an MVP yet?

    Posted: 30 Nov 2020 11:45 AM PST

    What was your process like pitching to decisionmakers? How many calls/points of contact did it take? My startup is in the B2B space. I started the design process already but someone advised me to get deposits/letters of intent first - even without an MVP built. Any advice on how to do this?

    submitted by /u/sadandexhausted
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    What to do when you need to sell a third-party product that's bad?

    Posted: 30 Nov 2020 11:20 AM PST

    I've written software for a b2b niche solving a problem that's been a pita and money waster up until now. However, I don't just sell only this software. Companies rarely just need my software. Most of the time they need a wide array of tools that all work together. I'm both selling my software and advising potential customers on what other products they need. But here is the problem: the current standard of my operating niche is ancient. My software is far better than almost all the other tools a company needs. I want to build a modern brand identity for my software but I fear that all the other tools that I also need to sell / advise on are destroying this image for me. Eventually I'd like to rework the entire niche, but we are speaking about 5 different tools both hardware and software and I just don't have the capabilities to do that now.

    I thought about only selling my software and nothing else. But it's common in this industry to get everything from one source. And I fear that companies would rather get everything from one guy than to buy my software from me and then find another seller to acquire all the other tools from.

    submitted by /u/MelissaLiberty
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    Not Sure What To Do - App Development

    Posted: 30 Nov 2020 06:59 AM PST

    I have an idea for an app that I think could be a real winner in our current climate. I have reached out to some development firms who have told me that the estimated cost would be anywhere between 80k - 200k to put something together but I straight up do not have that kind of cash.

    I am in public health and have no development or business experience per se so I am really starting at square zero. Would the best (and only) route be to try and form a business, try to raise funds, and then have this app developed? Is it risky to reach out to an independent developer? I think I might need a co-founder/CTO, but am unsure. Any advice is greatly appreciated!

    submitted by /u/j_bish
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    RSU supplemental income tax

    Posted: 30 Nov 2020 10:21 AM PST

    Hi folks I know this isn't a tax forum but I thought this might be a good place to get some advice (asking for a friend actually).

    My friend was lucky enough to work at Airbnb and they were just given the option to apply a 22% or 37% tax rate to their vested RSUs. There is a lot about this that is confusing to me and i'm hoping someone on here might have some experience and be able to provide some context.

    - For one, it sounds like they are supposed to be paying tax on the issuance of the RSU based on the price they could optionally exercise at? is this correct? Is it likely that this was already being withheld from their pay as they were vesting more shares?

    - Generally I kinda assumed that they would just pay cap gains on the the total value they sell at?

    Yeah, I guess any general info would be appreacited!

    Thanks!

    submitted by /u/mightyduck19
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    How to verify features with your customers? What feature requests to develop, which to exclude?

    Posted: 30 Nov 2020 05:20 AM PST

    Hi Start-ups! :D

    We currently have one running pilot with our customer and recently our team has discussed a lot on what to build and if the feature is verified with our customer.

    Our customer right now have asked for a few features is that verification enough?

    What are the best practices of verifying features with customers? How do you decide on what features you should develop? What are good reasons to develop a feature? Best practices and how to evaluate the feature?

    submitted by /u/b82rezz
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    Don't understand MVP

    Posted: 30 Nov 2020 04:43 AM PST

    Hi All

    I am the founder of a software start up and don't understand MVP.

    I am a Chartered Surveyor and developed a software for client side Project manager to run projects i used my knowledge of being in the industry for 5 years and being with 2 consultancies to make a product that fixes glairing problems project managers have, so much inefficiency.

    I have a developer as a partner and we are now 8 months in development. Our software has a file vault, action tracker, risk register, team structure, notification centre, gantt chart, contract instruction log, contractor search feature all in one centralised view.

    I want to release a product people are willing to pay for therefore it needs to be slick, fixes the pain points, bug tested etc

    Surly releasing a MVP is kind of hoping people will pay for a sub par product. The churn rate must be huge with this type of strategy ?

    submitted by /u/MajesticFix9
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