Startup Competitor Raised Huge Funding from Investors

Startups: Competitor Raised Huge Funding from Investors

Ben Lim Finance, Funding, Investments, Investors, Startup Grants, Startups, Venture Capital Leave a Comment

Imagine a competitor to your Startup (which you’ve never heard of before) suddenly raised a huge amount of money after bootstrapping for quite awhile. You have been out-funded and your war chest is tiny in comparison. Most founders would panic and start looking for funds. I know of few who would keep calm and would not do much about it. …

how to kill a startup – burning money

How to Kill A Startup: We Burned 1M USD in 1 Year

Ben Lim Business Model, Funding, Investments, Investors, Startups Leave a Comment

How a Startup Blew 1M USD in 1 year How to kill a Startup, and what we learned from it. Being in this industry for a number of years now, we get to hear all kinds of Startup stories. I will not reveal the founding team behind this to protect their identity, and also to respect their privacy. They have …

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Startup Idea Validation: 3 Crucial Validation Steps Before Scaling

Noomi Funding, Startups

Why is validation so crucial for startups? Looking at roughly 50 startup pitches per month, I frequently come accross startups which are in the midst of the Validation stage, seeking investment for the Growth stage. Oftentimes, there are misunderstandings on the purpose & meaning of ‘Validation’. Below are three simple steps to make startup idea validation more efficiently & effectively.  …