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    Startups 10 days from 2nd launch and having doubts

    Startups 10 days from 2nd launch and having doubts


    10 days from 2nd launch and having doubts

    Posted: 17 Sep 2021 06:34 PM PDT

    Lone founder here looking for someone to talk to.

    I'm in a business that I thought was wide open (1 competitor) but after using Semrush, i found that i may have up to 9k competitors. I didn't check if they all offered the same services as us. I did find 1 other (aside from the 1 i already knew about) that offered similar services.

    We're still cheaper and offered more but I'm feeling down. I don't know why I feel down. I'm just really nervous and fucking scared. I've dedicated the past 8 months to this and $XX,XXX

    I'm in my marketing phase. My advisor says the only reason this won't launch is bad marketing. I'm trying not to think of it but I'm terrified.

    Edit: feeling much better after jamming to The Climb by Miley Cyrus

    submitted by /u/Brain-Desperate
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    Is anything keeping me from changing companies every few years, getting equity stock options from multiple companies?

    Posted: 17 Sep 2021 07:28 AM PDT

    I have been with a saas startup for about 3 years now and am casually looking at other opportunities, most of which have equity benefits. It got me thinking, is there anything keeping me from changing jobs every few years, building equity in each stock option until fully vested, then moving to the next company? Apologies if this is a common practice, but I am new to this line of work.

    submitted by /u/jbaker232
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    Should I mention this StartUp experience on Resume or LinkedIn?

    Posted: 17 Sep 2021 07:28 PM PDT

    I worked on a StartUp idea with a team of 4 including a bioengineering professor at NYU to whom we had to pitch the idea numerous times before he agreed to join our team. We got into various Accelerators and Bootcamps and raised around $10k plus. After developing MVP I was responsible for customer acquisition and networked with major movie distribution companies such as Lionsgate, Paramount, Netlifx and A24. After 5 months of constant communication with the marketing departments I established solid connection with Directors and senior VPs at Lionsgate and Paramount. Both agreed to pilot our MVP once it's fully ready.

    For certain reasons our team split and I continued working on the same idea with 2 other people who already had the full product and wanted me to take full lead on sales. I found an Angel investor as we needed additional funds to adjust the product for movie industry and the person agreed to invest 150k. We were preparing to open our company, sign the contract with the Angel investor and finally pilot our product. Then covid hit and on top of that I had health issues for 6 months. We lost momentum and my partners couldn't continue without me.

    I have personally gained so much out of it and it was truly what I was passionate about, but we never really registered a company, started making revenue, nor had any growth. So, I'm not sure if I should mention this on LinkedIn or Resume

    submitted by /u/Chelister
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    I have a question regarding to shares...….

    Posted: 17 Sep 2021 04:31 PM PDT

    Lets say person A owns Company One, Person B invested 10k in exchange for %10 of Company One, Now person A started another company, Company Two, He has total decision making power of both company One and Two, Now he decides to purchase company Two with company One which he owns fully with extremely high price or is equivalent of %90 of the company One's stock, Person B owns 10% of the company, After share dilution he now only owns 1% of the company, And Person A's share is now at 9%, But since Person A also owns company Two fully, Person A now owns company One at %99, Could this be done? Is this legal? It doesn't seem fair to the investors

    submitted by /u/SUPERGODDADDY
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    Contracting work out before incorporation: good idea?

    Posted: 17 Sep 2021 02:40 PM PDT

    I am working on a project that may eventually be incorporated and run as a startup, and I am currently hiring creatives (e.g., videographers) to perform some work.

    I found a consulting agreement template online for the State I'm in and tried my best to fill it out such that I (as an individual) will be able to "own the rights to the copyright".

    If I incorporate later (as a Delaware C), would I be able to assign these rights and IP to the company, or am I walking on thin ice here? Should I try to incorporate before contracting any work out?

    Obviously funds are limited (I'd rather put it towards the project) so I would consult a lawyer (or just go ahead and pay for incorporation fees), but I'm fine with the risk of not doing so if this is not something unheard of before.

    submitted by /u/teamtopspin-richard
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    Advice needed

    Posted: 17 Sep 2021 01:23 PM PDT

    I started my ed-tech startup in India about 2.5 years back. It's doing decently well. We have grown close to 3x since last year and will hit a revenue of close to $500,000 this year and hopefully won't make any loss.

    Since it's an online business, my target audience is basically everyone in the world. However, our major market is in US/Canada.

    Since my exposure to the US market is less, targeting and converting US customers hasn't been easy. Also, our product does involve a bit of tech and product management and I handle the product side of it. Sometimes I also feel that I am out of my depth and need some learning/guidance.

    I am looking at accelerator programs and at the same time I considering pursuing an MBA from US (benefit of learning about product management & entrepreneurship + understanding the market too + trying for accelerator there+setting business there in future)

    My dilemma is should I take the risk of pursuing higher studies( assuming I get close to 50-80% scholarship). The business is doing well and I have hired a few in leadership roles, so they can mostly handle the work while I am studying (obviously I'll give some time every week to my business too).

    Or should I try only accelerator programs? From personal front, life is good now and with this kind of revenue and growth, I think I can live reasonably well in India.

    However, I fear that I might not learn and grow enough in future and hence should try to go and learn how to expand my business and try and get a better life. I know I sound confused any help will be appreciated.

    submitted by /u/Sappy101
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    Hey, what's wrong?

    Posted: 17 Sep 2021 03:00 AM PDT

    This is /r/startups emotional support thread. There will be no problem-solving here, no judgement, no networking, no advice. We're here to be heard, be understood, and be told that it'll be okay, that whatever happens, we care. Still, be tactful and classy in how you vent your feelings and share your frustrations. Act in a mature manner. This is meant to be a safe place to support emotional and physical health and there is a zero tolerance policy in effect. Be kind. Please report any conduct that is in violation of that key tenet.

    Howdy there. Did you have a rough week? It's certainly been a rough year. Did you get in an argument? Have a problem? Tell me about it. What's wrong?

    submitted by /u/AutoModerator
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    Creating a Position at a Startup?

    Posted: 17 Sep 2021 10:26 AM PDT

    Hello!

    I am looking to work with a startup company or smaller company as a Health and Wellness Coordinator in order to keep their workforce as healthy as possible while reducing company healthcare costs and boosting employee productivity. I am struggling to find a way to get my foot in the door as many of these companies do not have position openings, but would greatly benefit from creating this position. I have 4.5 years of experience as a Director of Wellness Programs from my university I attended, but I want to help out in a different capacity (i.e. startup or something similar). Any suggestions on how I should approach this matter?

    submitted by /u/_strudel_cutie_4427
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    Does Startups behave like private stocks ?

    Posted: 17 Sep 2021 03:21 AM PDT

    Hello everyone !
    I am in the process of understanding how startup funding works, venture capitals etc. And from my understanding the valuation of a company could be based on fundamentals but not really, and It is an agreed upon valuation and if a VC buys some shares it will define the startup valuation at that stage. So my question is that theoretically it is entirely possible to hype your startup, never have any revenue and just convince investors at each round that your startup is worth more than the previous round and increase the value of your shares.
    My second thought is that maybe VCs are okay with this game because for some of them as long as your share value is going up they don't care about revenue (almost like a regular retail investor of Tesla). Is my understanding correct ?

    submitted by /u/L_ast_pacifist
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