We have been talking to founders with early stage ideas. They all say the same thing. They have an audience ready to use their product if it were live today ( largely family and friends ). But are they willing to pay for it I asked? The hem’s and haw’s soon followed. Price point wasn't discussed. Our advice: Try to get a letter of engagement with an agreed price point. Very useful to show investors or grant funders that you have paying customers waiting. Would price point stop people from purchasing your product? How much would they be willing to pay? Would they want a monthly cancel anytime arrangement? Or a 3-5 year commitment? _________________________________________________ Follow Hydra-Software-Services for advice or services to support your startup #sales #marketing #operations #product #software #gamification #finance #legal
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There's no How To guide for Startups on operational areas like pricing refreshes or Finance 101. That's why I love Operational. It's a practical guide/ blog by Skye Scofield that shares how he's been approaching ops at Statsig. It covers everything from selecting a 401k plan to measuring ARR. I'm not a fan of fluffy writing or superfluous anecdotes- if you want to get straight into the meat of problem solving, this blog is for you. Link in the comments. #operational
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🚀 New Blog Alert – Part 2: Mastering Commission Payouts to Extend Your Series A Runway 🚀 In Part 1, I shared how a well-aligned compensation plan can fuel the right sales behavior. In Part 2, I’m diving deeper into a topic that can make or break your Series A runway—the delicate balance between cash burn and commission payout schedules. For founders and operators, cash flow is paramount. The way you structure your commission payouts can have a profound effect on your startup’s upfront cash outflows, working capital, and overall cash burn rate. I’ve worked with startups navigating this tightrope, and I understand how tricky it is to strike the right balance. 💡 Here’s what you’ll get in this post: 1. The 4 ways commission payout schedules impact your cash flow. 2. 4 key considerations for designing a commission plan that balances risk and rewards. 3. A downloadable tool you can use to start crafting a tailored #SalesComp plan for your startup. This ready-to-edit tool includes everything you need to build your compensation plans using benchmark data. Click here to read the blog and download the tool: https://lnkd.in/gFeBCw8z Let’s drive sustainable growth and keep that runway long! #SalesStrategy #CashFlowManagement #CompensationPlanning #StartupGrowth #VentureCapital #GrowthStrategy
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As skincare startup, Dermaclara, found themselves facing rapid growth, efficient financial software became critical. Their search led them to Finale Inventory, a #QuickBooksSolutionsProvider. For Dermaclara, this was a win—QuickBooks already provided a foundation they didn’t want to give up. With its distinct Cost of Goods Sold feature, QuickBooks provides a clear, helpful data view. And when combined with Finale Inventory’s exceptional service and customer support, Dermaclara was able to not only stabilize, but also successfully meet and increase their business growth. Read the full story: https://bit.ly/3Soa5I5 #QuickBooks #QuickBooksSolutionProvider #FinancialSoftware #FinTech
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I hold a special place in my heart for spreadsheets, but … … keeping a spreadsheet for your software subscriptions is almost like being in a toxic relationship 😬 First, you feel really good. Like what you have is special, and you are the chosen one who finally sees it all … 𝗕𝘂𝘁 𝘁𝗵𝗲 𝗺𝗼𝗿𝗲 𝗲𝗳𝗳𝗼𝗿𝘁 𝘆𝗼𝘂 𝗽𝘂𝘁 𝗶𝗻𝘁𝗼 𝗶𝘁, 𝘁𝗵𝗲 𝗺𝗼𝗿𝗲 𝘄𝗼𝗿𝗸 𝘆𝗼𝘂 𝗰𝗿𝗲𝗮𝘁𝗲 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳. Because there will be more for you to keep up-to-date. And things will eventually change quicker than you can edit. Every startup experiences this at one point or another. That is why we're building accessia. To make sure you have all relevant data about your subscriptions in one central place. And everything will be up-to-date, always, with no extra effort. #startups #finance #reduceburn
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Cap Table Chaos? Tame the Beast with CapTable Software Startups, we've all been there. Your cap table starts as a simple spreadsheet, neatly tracking your investors' shares. But as your company grows, fundraising rounds multiply, and equity splits get intricate, Excel quickly becomes a tangled web of formulas and frustration. Here's why a cap table management solution like CapTable is your saving grace: Effortless Equity Tracking: Say goodbye to manual updates and human error. CapTable automatically calculates dilution, ownership percentages, and waterfall provisions after each funding round. Crystal Clear Communication: Keep your investors informed with real-time access to their equity details and easily generate board-ready reports. Future-proofed Flexibility: CapTable accommodates complex structures like options, warrants, and convertible notes, ensuring your cap table remains accurate as your company evolves. Don't let your cap table become a ticking time bomb. Invest in Captabler and spend less time wrestling spreadsheets and more time scaling your business. #StartupTips #CapTableManagement #Equity #InvestorRelations #GrowthStage P.S. Share your cap table horror stories (or triumphs!) in the comments!
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Cap Table Management - Cap Tables 101 for Founders: The Essential Guide for Startup Equity Management It’s never too soon to create your startup's cap table. Our guide on Cap Tables for Founders is an indispensable resource for tracking equity distribution efficiently. From Excel sheets to sophisticated software, understanding your cap table is crucial for making informed decisions. Dive into our comprehensive guide to learn how a cap table can steer your company’s future and why it’s the cornerstone of startup equity management. Get a bird’s-eye view of cap table management and how to get started with tracking your company’s equity. https://lnkd.in/d4an_xf2 #StartupEquity #CapTableManagement #EquityManagement
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The great joy of scaling startups is when customers thrive and run their businesses on your software. Importantly they refer more customers because they believe in you ! https://BlueSecures.ai Online Payments & Engagement Platform
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Hardware is hard. But that’s what makes it a great investment. Despite being more capital-intensive, hardware’s barriers to scale are what make it harder to replicate, creating competitive moats that are increasingly more defensible when combined with intellectual capital and complex software integration. As a result, hardware and pure software startups are just as likely to create fund returning outcomes. As SaaS companies have taken off in recent decades, venture dollars have been increasingly biased against hardware, but they’re missing key nuances: Hardware is the single greatest limitation on software innovation - presenting an opportunity for founders and investors alike. Check out our full blog post here: https://lnkd.in/eJrYqdB2
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Check out this article I contributed to as part of the team at Cade Ventures, dispelling myths about hardware in VC: https://lnkd.in/etGHuKN2 #hardware #startups #investmentthesis #connectedhardware
Hardware is hard. But that’s what makes it a great investment. Despite being more capital-intensive, hardware’s barriers to scale are what make it harder to replicate, creating competitive moats that are increasingly more defensible when combined with intellectual capital and complex software integration. As a result, hardware and pure software startups are just as likely to create fund returning outcomes. As SaaS companies have taken off in recent decades, venture dollars have been increasingly biased against hardware, but they’re missing key nuances: Hardware is the single greatest limitation on software innovation - presenting an opportunity for founders and investors alike. Check out our full blog post here: https://lnkd.in/eJrYqdB2
The Hardware Opportunity: Dispelling myths about VC’s ‘Dirty Word’ | Cade Ventures
cadeventure.com
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