Here are my thoughts: "Offering stock options to the first 5". We tested this and it turns out this isn't viable. Not only will you administrative overhead managing your cap table, you're going to turn off investors that may not like the structure. My advice is: keep it simple. 1. Define your...
The best way to solve chicken and egg problems for marketplaces is to prove market need on each side independently first with a low-cost MVP-type test. Once you've proven the market on both sides with metrics it is much easier to leg in supply and demand with a strategic or enough funding to mat...
Yes, you can create a website similar to Thumbtack tailored to the Brazilian market! Builidng a service marketplace like Thumbtack require carefully planning. To ensure your platform meets local needs, you’ll need to focus on: Localization: Design the platform in Portuguese with a user interfac...
You can either 1) load it with other peoples content, or fake content to prime the pump. 2) recruit an initial group of users to create the content or provide the supply. It's really that simple. For Clarity I recruited 1000+ experts before launching the site. It's not easy, but not impossible.
The only 2 companies I have heard of that could do something like this are: 1-Airship: they have automated all the processes of dispatching, logistics, customer support, credit analyses, order fulfillment, etc on the backend. In the front end you just built your own e commerce website. It is plu...
Hi, my name is Kruno. I have one SaaS application from which you can sell your services. I have investigated a couple of years ago some pricing models and my conclusion was that the only thing that can get us more money is to scale our business (get more customers which will do microtransactions ...
No idea is a bad idea !! And what works only they (world) can tell. Who knew the 140 characters could have revolutionized the world creating a parallel universe... So.. try it.. you never loose.. My personal opinion - I like it. There are some startups I have heard of who are doing the same thin...
Good question. There is no absolute correct answer, as both options have their pros and cons. At the end of the day, you need to bring in as many users, on both sides (experts and people using their services) in order to create traction and gain revenues. So, if the "Celebrities" are willing to...
Wow. This is a tough one. If I found myself in possession of a business like this, I'd likely create an IDC domiciled in non-US jurisdiction. Then look for insurance for the non-US company. My guess... insurance rates will be far less this way.
Several years ago, I manufactured product and stumbled upon a website called RangeMe. I assume there are others like it. With this platform, I could post my products and their wholesale cost and margins. Then, retailers and distributors could see my products and choose whether or not to engage ...