When Your Funding is Your Worst Enemy

first_imgA Web Developer’s New Best Friend is the AI Wai… Related Posts Tags:#start#StartUp 101#startups Why Tech Companies Need Simpler Terms of Servic… dana oshirocenter_img One of the biggest tests of startup founder savvy is the period after you’ve just raised funding. It’s akin to the Amish rite of passage rumspringa, as young and sometimes inexperienced founders are given the opportunity to explore new opportunities in the hopes that the experience will ground them and strengthen them as leaders. Unfortunately, many do not find their way back to the path of revenue, or even to a product roadmap. Funding is often sought out to scale up a product, but it can also be your worst nightmare. If there’s one thing we learned from the dot com bust, it’s that you should be looking for your revenue model before building the in-office climb wall or partying on luxury yachts. Silicon Valley business lawyer George Grellas explains, “In early-stage companies, you will regret such spending when you hit the bumps in the road where you wish you had that cash. Inevitably, you will hit such bumps. Plan accordingly.” This funding problem isn’t so much about founders not knowing about free web apps to run their everyday business or the cost savings of an elastic workforce and cloud services. This funding problem is one where a ramen profitable company has just been given what it believes to be a blank check. Funding is not a blank check, it’s a promise to get the company to an agreed upon milestone in the hopes that the value of the business will grow. If the value of the business grows, investors, cofounders and hopefully early employees will benefit. The sooner you hit your milestones (if the business model and product roadmap are correct), the less likely you are to have to issue more stock and give more of the company away. In other words, the less you waste on luxury items, the more likely everyone you work with is going to get paid. Retain your staff with decent pay, good machines and a comfortable chair, but let them know what they stand to gain by hitting the milestones. Every successful entrepreneur will tell you to spend where you know you’ll see a return on investment – the right business development mix, good engineers and a solid infrastructure. Remember that if you do manage to see a lucrative exit, you’ll have all the time in the world to live the high life, but for now, maintain your focus and stay as lean as possible. If you’ve got lean startup tips, by all means leave them in the comments below. As well, cautionary tales of good money being thrown after bad are also welcome. Photo Credit: Photos8.com Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Tapir calf with watermelonlike coat being fed at the San Diego Zoo

first_imgTapir calf with watermelon-like coat being fed at the San Diego Zoo Categories: Local San Diego News Tags: San Diego Zoo Updated: 3:40 PM KUSI Newsroom, June 27, 2018 Posted: June 27, 2018 FacebookTwitter 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – The San Diego Zoo welcomed its first endangered Baird’s tapir calf in 30 years, the organization announced today. Baird’s tapirs are herbivorous mammals similar in shape to pigs, but with short trunks. Calf coats also feature spots and stripes, like the surface of a watermelon, that serve as camouflage in the dispersed light of forest floor habitats.First-time mom Luna gave birth June 13 after a 13-month gestation period, though she hasn’t provided nursing opportunities for the newborn. With no explanation for Luna’s hesitance — which also happens among other species in the animal kingdom — staff stepped in to rear the calf to ensure consistent feeding and strong health. The calf’s birth and upbringing is a valuable research opportunity, animal care manager Matt Akel said.“Animal care and veterinary staff performed ultrasounds, using protective contact, for months leading up to the calf’s birth, to identify milestones in Luna’s pregnancy and provide useful information for future pregnancies of this endangered species,” he said. “The last endangered Baird’s calf born at the zoo was in 1988, so we’re thrilled with the arrival of this male — and happy to provide him with optimal care, since mom wasn’t successful.” The calf, which weighed 22 pounds at birth, receives five bottle feedings per day. Keepers initially milked Luna to provide the calf with necessary nutrition. Now, the animal’s diet is supplemented with goat’s milk and a protein mixture. Luna and the newborn are able to interact, and staff are monitoring both animals to see if full reintroduction may eventually be possible.The calf will begin to lose his distinctive markings after a few months, eventually resembling a miniature adult before he is a year old. Visitors can see the animal in a mixed-species zoo habitat that also features capybaras and guanacos. Native to Mexico and Central America, the calves are key to maintaining biological diversity in tropical forests, according to the zoo.Tapirs disperse seeds and keep forest floors fertilized, which facilitates growth of new plants that provide food and shelter. Habitat loss and hunting have contributed to an estimated 50-percent population decline over the last 30 years. The zoo participates in a handful of projects to maintain a genetically viable species population and prevent extinction.Officials work with the International Union for Conservation of Nature’s Tapir Specialist Group and the Association of Zoos and Aquariums on its Baird’s tapir Species Survival Plan. KUSI Newsroom last_img read more

Wilmingtons Tony Marra An OffDuty Watertown Firefighter Helped Save Life In Wilmington

first_imgWILMINGTON, MA — Wilmington resident Tony Marra, a firefighter for the city of Watertown, is being heralded for his off-duty heroism in response to a serious rollover car accident on Route 38, near the Wilmington Plaza, on the morning of Wednesday, July 18.Around 8:20am, a 38-year-old woman was driving a 2012 Nissan Rogue northbound on Main Street when she reportedly veered to avoid a vehicle pulling out of the Speedway parking lot. Her vehicle rolled over multiple times, landing on its roof.Tony Marra, an off-duty Watertown firefighter, witnessed the accident and quickly jumped into action to assist the driver.“Marra gained entry into the overturned vehicle, helped extricate the patient, and removed the patient from the immediate danger of the running overturned vehicle in an active roadway,” according to Wilmington Fire Lieutenant Robert Varney. “When I reached the patient, Marra had already given the patient a rapid trauma assessment, and had successfully calmed the patient down from an excitable state due to the severity of the accident.”The driver was transported to a local medical facility with non-life threatening injuries. Her vehicle suffered major damage and was towed. Mass Highway was contacted to remove a significant amount of shattered glass from the roadway. Traffic was backed up in the area, with northbound traffic rerouted through the Wilmington Plaza paring lot and one of the two southbound lanes temporarily closed.“Firefighter Marra did not have to stop and help, yet he did not hesitate to jump into action and provide lifesaving care by removing the patient from immediate danger,” Varney wrote in a letter to Watertown Fire Chief Robert Quinn. “Firefighter Marra provided himself an exemplary model of a civil servant, and a Firefighter that you and the town of Watertown should be proud of.”“In a time where the media sometimes only focuses on the negative actions of firefighters, they miss out on the day-to-day heroic actions of firefighters,” added Varney.Rollover crash on July 18 (courtesy of WPD)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedWilmington Firefighter Praised For Help He Provided To An Injured Woman While Off-DutyIn “Police Log”Wilmington’s Top Public Safety Stories Of 2018In “Police Log”SELECTMEN NEWS: Board Supports Fire & Police Substation In North Wilmington; Town To Vote On Project In April 2020?In “Government”last_img read more

After Majerhat officials mull separate routes for Gangasagar pilgrims

first_imgKolkata: The Majerhat bridge caving-in incident cropped up at the meeting held at Nabanna on Thursdayover preparations for Gangasagar Mela as it is one ofthe crucial routes that pilgrims take to reach the transitpoints in South 24-Parganas through Diamond Harbour Road.With the caving-in, the concerned officials have started pondering as to how exactly around 20 lakh pilgrims would reach the place from Kolkata. Gangasagar Mela takes place in January every year in the Sagar Island. But the planning begins from September onwards and Chief Secretary Malay De held a preparatory meeting in this regard at Nabanna on Thursday. Also Read – Rain batters Kolkata, cripples normal lifeSenior officials from concerned departments including Public Health Engineering, Health, Public Works Department, Transport department, top brass of South 24-Parganas district administration, Kolkata Police personnel and BSNL authorities were present during the meeting.Chief Minister Mamata Banerjee will also hold a meeting later to review the preparations and to ensure that pilgrims from all over the country do not face any inconvenience.Sources said the alternate roads including one through Garden Reach flyover have come up as the routes through which vehicles of pilgrims will pass by in the absence of the Majerhat flyover. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killed”Though it is not known yet whether the Majerhat bridge will be reconstructed or not, preliminary discussions were held on Thursday on the basis of the present situation,” said an official adding that the Kolkata Police officers have also come up with their suggestions in this connection.Sources added that there were also discussionson the issues related to the dredging in Muriganga River which is quite essential for smooth operation of vessels to transit pilgrims. The state Irrigation department has assured that all steps would be taken for proper dredging.The state government also needs to make arrangements for buses and vessels.Additional buses are also sent to Sagar Island normally in which pilgrims travel from transit points to the venue.last_img read more