As 2023 closes the curtain, let's reflect on the mosaic we've co-created. Shared laughter, quiet wins, and transformative journeys - memories shimmering with our strength and resilience. These stories we whisper to ourselves hold the power to fuel our next act. The stage is set for 2024, bathed in the dawn's promise. Let this year be your canvas, vibrant with audacious goals and bold brushstrokes of hope. Each stumble cushioned by kindness, each triumph amplified by shared joy. Remember, the wellspring of resilience you tap into every day is the key to unlocking hidden chapters, your dreams blossoming under the sun's spotlight. Tonight, let's raise a toast (or a LinkedIn post!) to the symphony of connection we've woven. Every shared tear and smile, every sunrise and starlit night, forms a chorus of life's enduring melody. We are all threads in this grand tapestry, intricately connected, weaving our narratives into something far greater. So, dear colleague, let the curtain rise on your 2024 masterpiece. Shine your brightest, for the most inspiring chapters are yet to come. May this year be your personal best, painted with vibrant successes and resounding with the melody of your dreams. Happy New Year to you, and a year of professional growth, shared triumphs, and endless possibilities!
Recurved, Inc.
Financial Services
Anaheim , California 36 followers
Your Pathway To Profitability
About us
Recurved (www.getrecurved.com) helps CEOs build their unique pathway to profitability. Our advanced, yet easy-to-use tool translates your vision into a 1-5 year financial forecast that is easy to implement and share. This gives you peace of mind and allows you to better manage your resources. With Recurved, you can: • See your company's pathway to profitability over the next five years. • Full transparency on all aspects of your business, • Identify issues before they happen. • Get the resources you need to achieve your goals. • Make better decisions about your business. • Feel more in control of your destiny. • Be investor ready 24/7. Recurved is the perfect tool for any CEO who wants to grow their business. Interested in increasing your chances of success, profitability, getting capital, and attracting key resources? We're looking for Beta customers! Sign up now => http://GetRecurved.com/waitlist
- Website
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https://GetRecurved.com
External link for Recurved, Inc.
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Anaheim , California
- Type
- Privately Held
- Founded
- 2022
- Specialties
- Financial Forecasting and Pathway to Profitability
Locations
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Primary
Anaheim , California 92801, US
Employees at Recurved, Inc.
Updates
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As we swing into the holidays, we wish you a season of joy, peace, and well-deserved rest. May the new year bring renewed energy and continued success. To all those early customers, and investors, thank you for your continued support and partnership. We look forward to another year of collaboration in the new year.
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Recurved, Inc. is proud to be a part of the top 6% (over 300+ international applications) and looking forward to working with Brian Ortiz and his team as part of the program!
🌱Startup "Pitch in Public" Selections🌱 20 innovative startups were chosen from a pool of over 300+ international applicants. The top two companies selected receive full funding/growth support and the eighteen remaining receive a sub-set of our startup services. If your startup is on this list, congrats, you're in good company, sitting pretty among the top 6% of applicants. Here's the list in ORDER of selection: 1st Tier: Manish K. | Giostar | India 1st Tier: Finn von Westernhagen | Red Arrow Technologies | Germany ------- 2nd Tier: Héloïse Rozès | Corma 2nd Tier: Leon Panjtar | SalesSqueze 2nd Tier: Stefan Magnusson | Taurus 2nd Tier: Ning Yeong | Pentaip 2nd Tier: Sandra Gault | Recurved 2nd Tier: Robert Dichtl ♻️ | kleen hub 2nd Tier: Richard G Montgomery | PropBox 2nd Tier: Michael Berman | Autonomous Flight Systems Inc. ------- 3rd Tier: Maged Negm | Qme 3rd Tier: Alex D'Elia (acme) | Prosume 3rd Tier: Jeff Barson | Storyline Health 3rd Tier: Dr. Muhammad Ehsan Khan | Trade Foresight 3rd Tier: Alex Sly | Star 3rd Tier: Nicholas Tubach | Propion 3rd Tier: Alex Shevelenko 💚✖️🧠| Relayto 3rd Tier: Daniel Guariglia, PhD | Hyper Wind 3rd Tier: Neil Bradley | Food Safe System 3rd Tier: Neha Shah | Kaboo The 13 countries represented from our Top 20 startups: India | Germany | France Slovenia | United States | Malaysia Denmark | Egypt | Italy United Arab Emirates | Australia Belgium | Northern Ireland Please keep in mind that there were approximately 40 other exceptional startups that were given strong considering as well [The Top 20%] and our selection criteria is of course highly subjective. Not making the final cut of this particular round should not be taken as an indication of your chances of future success. Everyone should be able to right-click "save as" the image below or if that's still too pixelated you can see and download our full file in Google Docs here: https://lnkd.in/dKKHA5FM & special thanks of course to the startup team: Fazlur Shah Alexander Estner
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Founder Tip: - Read the post from Henri Pierre-Jacques below Additional Founder Tip: It's true as an early startup predicting revenue is difficult but it doesn't have to be. The key is to model out your assumptions which will allow you to materialize your plan and financial forecast. Then just keep recurving your assumptions as you go. If you create this behavior as part of your culture at the beginning of your venture it will GREATLY increase its chances of success. Recurved was built to make this super easy to do. If you need our help or would like a free 1 hour consultation, just DM us. If you found this post helpful, please repost ♻️ and follow us for more practical tips to recurving your business to profitability. #raisingcapital #buildingbusinesses #profitabilty #fastgrowth #getrecurved
Founder tip: Projections at pre-seed and Seed are less about revenue and more about cost structure to ensure 24-36 months runway to have time to prove something. That might be revenue but it might be something else Revenue is a guess, but cost can be pretty accurate
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Burn baby burn! ...But not when it comes to Burn Rate!! The burn rate for a company is an important and easy metric to track and a way to tell if a company will survive. Tell me more... It’s the rate at which a company spends cash before it starts generating revenue. It is typically calculated on a monthly basis and is expressed as a dollar amount or as a percentage of revenue. How to Calculate Burn Rate There are two types of burn rate: gross burn rate and net burn rate. • Gross burn rate is the total amount of cash spent by a company in a month, regardless of revenue. • Net burn rate is the amount of cash spent by a company in a month, minus any revenue generated. To calculate gross burn rate, simply add up all of the company's expenses for a month. This includes things like salaries, rent, marketing costs, and product development costs. To calculate net burn rate, subtract the company's revenue from its gross burn rate. Why is burn rate important? It tells you how long your company can survive without running out of cash. It's also a key metric for investors, who want to know how quickly their money is being spent. How to use this metric? - Track your spending: Burn rate can help you to track your spending and make sure that you are not overspending. By tracking your burn rate, you can identify areas where you can cut costs. - Know your runway: The burn rate will tell you how many months you have to survive by dividing your cash on hand/ avg. burn rate. Investors typically want to provide enough capital to startups so they have at least an 18-month runway. - Improve decision-making: If you are already generating revenue, think of burn rate as the minimum amount of sales you need to generate each month to keep the lights on! If you aren’t yet generating revenue, make sure you are maintaining or reducing your burn rate each month. Need more help in getting your business profitable? DM us If you found this post helpful, please repost ♻️ and follow me for more practical tips to recurving your business to profitability. #burnrate #business #startups #entrepreneurship #getrecurved
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Looking for Angel Investors? Look for These 4 Positive Traits As a startup founder, finding the right angel investors is essential to your success. But with so many investors out there, it can be tough to know where to start. Here are four positive traits to look for in angel investors: 👍 1. Strong experience: Your angel investors should have a proven track record of investing in successful startups. This shows that they have the necessary experience to guide your company through the rocky startup phase. Ideally, your angel investors should also have deep knowledge of your industry. 👍2. Connected investor: Angel investors who can bring new and helpful resources to the table are invaluable. This could be anything from a network of contacts to expertise in a particular area. Look for investors who are excited about your company and who are willing to go the extra mile to help you succeed. 👍3. Realistic expectations: Seasoned angel investors realize that many of the companies they invest in will fail. They also have realistic expectations about a timeline for growing your company and reaching your stated goals. Don't be afraid to ask potential investors about their track record and their expectations for your company. 👍4. Moral support: Starting and running a company is a lonely and stressful experience. Having angel investors who can provide moral support and guidance is invaluable. Look for investors whom you can trust and who you feel comfortable talking to about anything. Bonus tip: When you're talking to potential angel investors, be sure to clearly articulate your vision for your company and why you're the right person to execute it. You should also have a solid business plan in place. If you need help with this, please DM us. At Recurved (www.getrecurved.com) we completely transform your vision into a credible business plan with a financial forecast. You will not only be investor-ready but significantly increase your chances for success (and sooner than you think!). Plus… special thanks to Sam Marchant for sharing a great list of the 4 traits to watch out for! See below. If you found this post helpful, please repost ♻️ and follow us for more practical tips to recurving your business to profitability. #founders #investors #angelinvestors #startup #fundraising #prof
There are 4 traits that founders should watch out for when speaking to angel investors 👇🏼 🚩 Focused on valuation: It's rare that angel investors have a large follow-on capacity for the start-ups they invest in. Because of this, some angels push for valuations far below market standard, which can create a mess on the cap table and put the founders in a poor ownership position. 🚩 Always name-dropping: These angels are the ones who promise the earth and often fail to deliver. If they refuse to connect you with other founders in their portfolio to verify how they've helped them, they're just name-dropping! 🚩 Push for control: Experienced angels want the founder to retain control and they support them by helping construct an experienced and diverse board. Angels who push for voting rights or the ability to make key decisions can derail the growth of a start-up and make it impossible for the founder to build. 🚩 Offer time and capital separately: Angels who offer capital and then ask for further equity in exchange for their time or access to their network really don't understand how angel investing works. Avoid these angels. Fundraising is hard and it can be difficult to say no to angel investors, but trust your gut and do your DD before letting an angel investor onto your cap table. #founders #investors #angelinvestors #startup
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Here’s 1 message for the day worth thinking about… Albert Einstein once said, “Education is not the learning of facts, but the training of the mind to think.” What’s does this message make you do differently today? #motivation #mindset #selfimprovement
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How to Give Equity to Your Hires: 4 Straightforward Steps Equity can be a powerful tool to attract and retain top talent, but it's important to do it right. Here are four straightforward steps: 1. Build a cap table. - This is a document that outlines the ownership structure of your company, including who owns how much equity. - You can use a tool like Carta to help you create a cap table. 2. Carve out 10-15% of your total equity for VIEs (very important employees). - These are the early hires or critical employees who play a key role in your company's success. - Award VIEs with equity from the pool you created in step 2. 3. How much equity should you give each VIE? - Read the report below which is backed by industry data - Remember, awarding equity is a big decision, so it's important to be strategic. - Consider the employee's role, experience, and potential impact on the company when making your decisions. 4. Always be recurving your business to profitability. - This means tracking your key metrics, identifying areas for improvement, and making necessary adjustments. - Delegate responsibility for some of these metrics to the appropriate VIE's and measure their success. - Don't leave your and your business's success to a "We will figure it out as we go" mindset. - You can use a tool like Recurved to help you with this process. Check out www.getrecurved.com By following these four steps, you can give equity to your hires in a way that is fair and beneficial to both you and your employees. Special thanks to Peter Walker for sharing this great info! https://lnkd.in/eGHtSADS If you found this post helpful, please repost ♻️ and follow me for more practical tips to recurving your business to profitability. #equity #startup #hiring #recruiting #business #brand30
How much equity do the First 5 Hires receive in a startup? Data from 4,922 "First 5" hires in H1 2023. We excluded anyone with a co-founder title as well as anyone with 10% or more of the company (more on that choice below). Side note - if you're looking for this data + the same breakouts for advisors and board members, read our full State of Startup Compensation, H1 2023 report. Freely available at link in graphic, download the addendum for all these equity data gifts. 𝗦𝗶𝗺𝗽𝗹𝗲 𝗕𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻 Hire 1: Median initial equity grant of 1.49% (that's the full 4-year grant) Hire 2: 0.85% Hire 3: 0.50% Hire 4: 0.44% Hire 5: 0.34% Of course with a decision like this, founders want more detail than just a median figure. So I broke out the data into the bubbles as well. Read the bubble percentages across each row (eg. 26% of Hire 1 employees received 1%-2.4% of the company in their initial equity grants). 𝗖𝗼𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗲𝗱 𝗣𝗮𝗿𝘁 After some feedback from interested readers (🙏 to you all), I raised the threshold for a "founder" equity percentage from 5% to 10% for this graphic. When you do that, you see that there are a decent number of first hires that get between 5-10% of the company. Really drives home the point that the first hire conversation is much trickier than the others. The distribution is super wide. Think: How much salary is necessary? Are they bringing technical chops to a non-technical team? Do they bring connections that supercharge growth beyond their work? So many considerations. Compared with last year, it looks like first 5 hires are getting a little more of the company than before (though the shift is fairly mild). That boost is countered by the fact that these super-early companies are hiring at a somewhat slower pace than 2022. Most important note - there is no right answer in this graphic. Joining a tiny company is a jump into risk. Convincing the right talent to hop onboard is one of the biggest tests for any founder. Hoping this data is helpful in your conversations and deep respect to all the first 5 employees out there! And read the full compensation report, I promise it's worth your time. #cartadata #equity #founders #startups #compensation
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Frustrated with anything in your life? Then read this post by Neal O'Grady - Wow, wow...this is jammed pack with good advice on how to live a better life. Would agree with all of them. Worth the 5 minutes it takes to review. https://lnkd.in/ehKqKWZj #mindgrowthset
At 18: • No real friends • ~300 pounds • Socially anxious • Addicted to video games • Thought I'd be poor forever • Doing a degree I hated At 34: • Friends around the world. • 180 pounds. • Rarely get nervous. • Addicted to rock climbing + startups • 2x 7-figure founder • Happiest I’ve ever been My dad passed when I was 13, causing me to balloon to 300 pounds and retreat inwards. These 24 rules changed my life. Maybe they can help you too. ––– I normally talk about growing startups (I've worked with 100+), but this one was more personal. If it resonates, follow me Neal O'Grady 🍉 :) (And plz like and repost; it really helps!)