As a rule, startups have got from 1 founder to up to 4 co-founders, and the question of how to split up equity becomes more and more actual as the number of co-funders increases. The best practice is not to register a legal entity from the start to save money on the office. Before your …
Work on a minimum viable product (MVP) goes through the same software development life cycle as a full-blooded product, but it’s developed much quicker, and its go-to-market is shorter. First of all, the MVP cost depends on a business task a business owner wants to solve. And the features, in their turn, subject to execution …
Growing your business is so hard. So let’s face it. In the beginning, it takes considerable effort, such as dealing with sales and marketing, understanding taxes and corporate compliance, interacting with customers on a daily basis, and so much more. The success of your startup depends upon the various methods that can be used to …
Before the long road starts, it’s essential to answer one important question: “Are you, as a founder (or founders), ready to give a 20-25% share of your company to an investor at every fundraising round you plan to participate?” And if the answer is positive, then you go in the right direction to find the …
Among tech startups, competition takes place not just for survival in the market but also for the investor’s attention. It’s essential to understand that the components of this competition touch not only product, service, and technologies, but a business model as well. The concept of a business model has begun to take shape in the …
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