What is the life cycle of a startup idea? Let’s abstract ourselves from what you specifically do and just brainstorm. After we have figured out how we can implement our idea, whether it is coded, purchased and delivered, produced in a factory or assembled in a facility, we commence to think about promotion and sales.What
There was such a story. I knew one very smart developer. At one time, he had an idea about creating an ideal website. It was his startup to create a business platform similar to the Clutch. He focused all his efforts on implementing functionality so that the website would not have any bugs and, after
Earlier, I described what seems to be a perfect pitch deck according to Guy Kawasaki, a venture investor and marketing expert. Now I would like to draw your attention to the fact that not all information should be shared with everyone and become publicly available. There are three types of pitch decks that you, as
Scaling is just like a math equation with one unknown, if that doesn’t make you laugh. The unknown is an action that brings your product money, and is possible to reproduce and repeat an unlimited amount of times by an unlimited amount of resources (people, robots, points of sale, factories, etc.). Startup is a temporary
People who are not diving deep into the topic of startups and the venture industry usually admire it, having heard a lot of fairy tales from a random guy who invested 10 dollars, and a company with a capitalization of a billion turned out, so then this random guy became rich. Indeed yet another sugar
While engaging in different startups as a Discovery Phase Consultant, I noticed that founders make a description of the product in their startup pitch decks usually in some kind of intangible own language. Of course, I understand they use their professional slang, but anyway it won’t make it more understandable to the average person. It
Metaverse. If you’re among those who are ardent fans of Metaverse and browsing possibilities to create one, you may be questioning where and how to start. Follow this comprehensive guide to develop your web3 virtual environment and become one of the very first to enter the metaverse business domain. What is Metaverse? The Metaverse is
It can sound quite weird… However, the worst habit for a startup is to keep a close eye on your competitors. You can ask why? Well, let’s understand. While you keep a close eye on your competitors, you definitely put yourself in a catching-up position. You’re not writing the rules anymore, you’re following them. Copying
Today I would love to share a very useful report. Such companies like Pitchbook, Crunchbase, and Dealroom calculate the average deal size, valuation, and other different indexes.And Stonks, together with Forum Ventures, decided to collect near-real-time data for 22Q4.As you might know, there is dramatically little data for pre-seed and seed, so the most delicious
If there is a gap, something will fill it. Therefore, any growing startup already has or will soon have competitors. And the winner in this race is not the one who has the best idea (after all, they will be more or less similar), but the one who knows how to deal with competitors better
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