More Start-Ups Have an Unfamiliar Message for Venture Capitalists: Get Lost
Best read so far for 2019. So refreshing that more start ups are looking past the hype of VC and seeing the truth.
More Start-Ups Have an Unfamiliar Message for Venture Capitalists: Get Lost
nytimes.com
Frustrated with the perverse incentives of fast growth, founders are criticizing the investment model that built the tech industry as we know it.“Entrepreneurship is in our core in New Zealand, so we need to focus on what we’re good at – innovative products – and find innovative ways to access customers that suit the business, rather than copying the one-size-fits-all Silicon Valley investment playbook. Sprint Global’s customer acquisition focus can also put the business in a stronger position to take on investment later on,” says Perry, who helped build SnapComms into a global success through clever sales and marketing. The company’s innovative internal communication software has over 2 million paid users in 75 countries.
Sprint Global programme 2019 to take startups to the world
scoop.co.nz
Applications open for founders to accelerate startups garage-to-global journey; customer acquisition focussed accelerator programme supported by top entrepreneursSome interesting perspectives from a VC..
”I know there will always be an element of randomness in venture investing. All I can do is work hard and try to get a little better each day…and of course wear my lucky t-shirt!”
Such indifference to entrepreneur and employee needs 🤔 VCs = Gambling?
Venture Capital and The Superstitious Investor – Startup Grind – Medium
medium.com
Nir’s Note: This guest post comes from my friend Jules Maltz, a General Partner at IVP, a late-stage venture capital firm based in Menlo…“We’ve become more confident that the approach we took is possible: to put people and profit first and to be a high-growth technology company.”
Xconomy: As Unicorns Multiply, Bootstrapped Tech Businesses Holding Steady
xconomy.com
Why do unicorns get all the attention? Brian de Haaff wonders this sometimes, especially as compared to his own tech business, Aha. It’s not a7 Ways to Bootstrap Your Business to Success
entrepreneur.com
You don't need a lot of money upfront to build up a startup. Here's why.3 Popular Trends Young Entrepreneurs Can't Afford to Follow
newstimes.com
Do you know when you're getting old as an entrepreneur? Young entrepreneurs ask you how you succeeded "back in the day." I've been getting that a lot lately. At first, I was depressed. Is my life really half over? Then, I allowed myself to be flattered. I've done well enough for myself and now other...Practical Ways To Bootstrap Your App Idea Into A Startup Company
forbes.com
The question for app developers-turned-entrepreneurs is how to go from concept to company to corporation without imploding along the way.Bootstrapping or fundraising – which way to go? | EU-Startups
eu-startups.com
FundingKnow-HowOther StuffStartups in generalBootstrapping or fundraising – which way to go? By Bernardo Arnaud - November 26, 2018 Share on Facebook Tweet on Twitter How do you decide if your startup is ready for a round of investment, or if it should bootstrap? Bootstrapping is basically doing y...4 Strategies for Skipping the VC Dog-and-Pony Show So You Really Own Your Company
entrepreneur.com
With the right strategies in place, successful business can be built with little to no funding."If you go the slower route, you can always change your mind and raise venture capital later if you find the opportunity is bigger than you thought. But if you go the VC route from the start, you can’t unwind that decision later very easily, if at all."
Before You Raise Venture Capital You Need To Ask Yourself This Question
forbes.com
Less than 1% of startup businesses actually get their financing from VCs or angels. That doesn’t mean 99% of startups were a bad business idea.Silicon Valley tech bubble end is coming - The "get big fast" strategy that many investors and venture capital firms adopted will fail.
Silicon Valley tech bubble is larger than it was in 2000, and the end is coming
cnbc.com
The peak in the tech unicorn bubble already has been reached, and with higher interest rates and stock market volatility returning, it's about to burst.How Equity Dilution Impacts Early Stage Startups – Startup Grind – Medium
medium.com
Expert tips from SVB’s network as you consider raising capital (Originally published on svb.com)Silicon Valley Entrepreneur Passes on Venture Capital to Launch Fourth Bootstrapped Startup
buff.ly
"Raising rounds of investment funds is a distraction, and venture capital will not make Conversy successful. I've bootstrapped three companies and two have been acquired," said Malviya, founder and CEO of Conversy. "If I was focused on raising money then I wouldn't be focused on building a solid pro..."Most of Jive’s history was built on bootstrapping. It’s helped mold our culture over the years and has taught us a lot about risk-taking and the importance of being customer-centric."
A Q&A With Mike Sharp, Jive Communications Co-Founder & VP, Products
newsroom.siliconslopes.com
Jive was acquired by LogMeIn earlier this year.How Long Will It Take To Have a Successful Startup?
startups.co
Wil Schroter, Founder and CEO of Startups.co, discusses how long it takes to have a successful startup and the milestones you'll hit along the way.Is bootstrapping right for your startup? Some useful tips here
The Startup Path: What to Expect
businessnewsdaily.com
There's no textbook route to success, but considering some common ones can give you a general idea of your path forward.Bootstrapping may not only be a viable alternative to VC funding, but it might also actually be your ticket to startup success.
Why bootstrapping your SaaS business is a great idea
yourstory.com
Today, India is a fertile ground for SaaS startups looking to get bootstrapped. There is a huge pool of technical and managerial talent, looking for challenging opportunities. Venture capital funding ...SAP is acquiring survey software maker Qualtrics for $8 billion. (Qualtrics bootstrapped for a decade).
"Working with limited resources compels focus and fine-tunes problem solving."
t.co/MHYpyfm2MR
After 10 years completely bootstrapped, Qualetrics raised $400m in VC funding (much easier once you have proved yourself with bootstrapping BTW). Now SAP have acquired them for $8B.
I heard founder Ryan Smith at @Saastr earlier this year. He shared how he was initially scared of well-funded companies competing with his bootstrapped startup. However, as his business grew he noticed those competitors stagnate as their boards put pressure on them due to their failure to meet (often over-promised and inflated) growth targets. Their activity was restricted by boards representing investor return, which allowed Qualtrics to outmaneuver and outperform these competitors.
So...to those advisors and gurus who tout the "go hard or go home", "raise money or lose to a competitor" nonsense I say..
"In your face herd thinkers!"
thehustle.co
SAP agrees to acquire Qualtrics for $8B, mere days before the survey and research software firm was set to hit NASDAQ.buff.ly
Thanks to Atlas Venture for supporting Venture Hacks this month. This post is by Fred Destin, one of Atlas’ general partners. If you like it, check out Fred’s blog and tweets @fdestin. And if you want an intro to Atlas, send me an email. I’ll put you in touch if there’s a fit. Thanks. – Ni...Techweek NZ
We've done it again! 🇳🇿 New Zealand has topped the World Bank's ranking of the best country to start and run a business, 4 years in a row - ahead of 190 different countries 🌏. Winner winner, chicken dinner 😎
#NZStoryteller
www.doingbusiness.org/en/rankings
The Pros and Cons of 5 SME Funding Options
business2community.com
Most entrepreneurs resort to fundraising for capital. However, organizing and executing a successful funding project is a big deal and not many businesses can pull it off. Besides the many different…Growth hacking advice from @TSD-Global
How Growth Hacking Can Grow Your Company Wildly
forbes.com
A lot of internet marketers have been using growth hacking for years without even realizing it. It’s a way to get the most leverage out of your customer acquisition.9 compelling reasons not to raise VC money for your startup
9 compelling reasons not to raise VC money for your startup
medium.com
I recently stumbled upon a great post from Clement Vouillon (Point Nine Capital) about “the rise of non “VC compatible” SaaS startups.”If you want to bootstrap your startup, do this one thing: Live in a cheap place.
If You Want to Bootstrap Your Startup, Do This One Thing
forbes.com
Here's the secret to startup self-sufficiency."Media’s never-ending romance with fundraising stories has completely diluted the importance of bootstrapping a startup".
Building Business is the only way to raise funds from VCs & investors
techpluto.com
today most entrepreneurs find themselves blindly chasing investors in a desperate hope to secure capital for their business. However, this blind chase sooner or later becomes a self-defeated quest.How Sophia Chou #Bootstrapped a Profitable SaaS Product for Dentists in Under Three Years buff.ly/2NkHZJW
There are businesses that require funding from the very beginning, some much later, and some never... What actually matters is the amount of time you take to execute the idea...The idea is to build a business thinking that you will own it forever, and not that you will exit in three years.
Divyank Turakhia on what it takes to bootstrap a business and get a multi-million-dollar exit
yourstory.com
Standing ovations are rare, more so at TechSparks. But when bootstrapped billionaire Divyank Turakhia finished a crackling fireside chat with Shradha Sharma, the audience couldn't help but stand up an...Saying no to VC funding could actually be critical for the success of your company.
Building a steady, reliable Nissan of a business may not get you on the cover of Forbes, but a running flashy Porsche of an enterprise doesn’t mean you’ve built anything of value, either.
Nasty Gal’s founder thinks Silicon Valley needs more Nissans and fewer Porsches
qz.com
Girl Boss Sophia Amoruso gets candid about her fall from the top in a podcast interview.