r/startups • u/AutoModerator • Jul 02 '21
Share Your Startup 🚀 Share Your Startup - July 2021 - Upvote This For Maximum Visibility!
r/startups wants to hear what you're working on!
Tell us about your startup in a comment within this submission. Follow this template:
- Startup Name / URL
- Location of Your Headquarters
- Let people know where you are based for possible local networking with you and access to local resources
- Elevator Pitch/Explainer Video
- More details:
- What life cycle stage is your startup at?
- Your role?
- What goals are you trying to reach this month?
- How could r/startups help?
- Do NOT solicit funds publicly--this may be illegal for you to do so
- Discount for r/startup subscribers?
- Share how our community can get a discount
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Startup Life Cycle Stages (Max Marmer life cycle model for startups as used by Startup Genome and Kauffman Foundation)
- 1. Discovery
- Researching the market, the competitors, and the potential users
- Designing the first iteration of the user experience
- Working towards problem/solution fit (Market Validation)
- Building MVP
- 2. Validation
- Achieved problem/solution fit (Market Validation)
- MVP launched
- Conducting Product Validation
- Revising/refining user experience based on results of Product Validation tests
- Refining Product through new Versions (Ver.1+)
- Working towards product/market fit
- 3. Efficiency
- Achieved product/market fit
- Preparing to begin scaling process
- Optimizing the user experience to handle aggressive user growth at scale
- Optimizing the performance of the product to handle aggressive user growth at scale
- Optimizing the operational workflows and systems in preparation of scaling
- Conducting validation tests of scaling strategies
- 4. Scaling
- Achieved validation of scaling strategies
- Achieved an acceptable level of optimization of the operational systems
- Actively pushing forward with aggressive growth
- Conducting validation tests to achieve a repeatable sales process at scale
- 5. Profit Maximization
- Successfully scaled the business and can now be considered an established company
- Expanding production and operations in order to increase revenue
- Optimizing systems to maximize profits
- 6. Renewal
- Has achieved near peak profits
- Has achieved near peak optimization of systems
- Actively seeking to reinvent the company and core products to stay innovative
- Actively seeking to acquire other companies and technologies to expand market share and relevancy
- Actively exploring horizontal and vertical expansion to increase prevent the decline of the company
If you are running a traditional business that is not designed to scale rapidly, feel free to reference a traditional business life cycle model and share what traditional business life cycle stage you are at.
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u/JoshN1986 Jul 02 '21
Startup Name / URL: scite / scite.ai
Location of Your Headquarters: Brooklyn, NY
Let people know where you are based for possible local networking with you and access to local resources: Brooklyn!
Elevator Pitch/Explainer Video: https://www.youtube.com/watch?v=6RPM3-GgSYs
More details: https://www.biorxiv.org/content/10.1101/2021.03.15.435418v1
What life cycle stage is your startup at?: Seed
Your role? co-founder and CEO
What goals are you trying to reach this month? Get scite in front of more students and researchers around the world
How could r/startups help? Share scite with any student or research you know!
Discount for r/startup subscribers? 30% off Annual: SCITESTUDENTANNUAL, 30% off Monthly: SCITESTUDENT
scite is a new platform introducing "Smart Citations" – citations that allow users to see how a research paper has been cited by providing the context of the citation and a classification describing whether it provides supporting or contrasting evidence for the cited claim–kind of like Rotten Tomatoes but for research articles.