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Posts Tagged ‘business’

Bizak Auction

December 12, 2008 Leave a comment

Bizak is currently up for auction on SitePoint. Any interested parties can bid directly on the site or contact me (617-947-8071 or email) for additional information.

Auction URL:  http://marketplace.sitepoint.com/auctions/53150

Startup – From Idea to Maturation to Sale

November 24, 2008 Leave a comment

At TOKiBiz we develop the foundation for online applications to mature into successful internet startups. We start with an idea, create the model, build the brand, and then launch the application. Once the initial development is complete, and the application has developed its foundation, we then look for a buyer who can take that startup to the next level.

Bizak has been online now for 6 months, has developed that foundation, has received a tremendous amount of interest and is now ready for a buyer who can expand its reach. Both Bizak and infoMedMD were built with the ability to quickly & affordable scale operations with total costs being under $500/year.

We are now opening up discussions with interested parties and if you too are interested in acquiring Bizak please contact Tom O’Keefe at 617-947-8071 or tom[at]tokibiz[dot]net.

What’s Your Business Worth? – BizEquity

September 25, 2008 Leave a comment

 Over the last few months there has been a handful of startups launched that focus on business valuations.  All of them have a different focus with the common bond being the attempt to quantity both businesses and business ideas.  I run Bizak, which focuses on internet startups and computing benchmarks according to industry, type and revenue source for comparative analysis.  YouNoodle, which is based in San Francisco and launched over the summer, mixes business networking with a startup predictor application.  The latest business valuation service to launch is BizEquity, which focuses on offline, small business valuations with a reported database of 10 million business valuations.  BizEquity is based in San Diego and is founded by Tom Taulli and funded by Advanta Ventures.

I recently was able to talk to Tom Taulli about his services and one feature that I find very useful is BizEquity’s Custom Valuation application.  This advanced business calculator allows small business owners (more offline than on – restauranteurs, shop owners, retail, etc.) to calculate a detailed valuation of their business.  You can then elect to submit these calculations to BizEquity’s database.  I like the service that Tom offers and feel that we (Bizak & BizEquity) focus on two distinct markets (online & offline, respectively) that could potentially benefit from the integration of both of our data sets.  As I mentioned last week Bizak just launched their XML data feed which enables databases like BizEquity’s to integrate our internet benchmarks and startup profiles with their current data.

Additionally we discussed in detail some of the services that Bizak offers and Tom graciously included that interview in one of his BloggingStocks posts titled, “What are Startups Worth?”  The topics covered are:  

Q: Some background on Bizak?
Q: You are also launching a new offering?      
Q: What are some of the approaches of valuing an early stage company? Some recent trends?
Q: Thoughts about the recent financial instability and what this may mean for startup valuations?

Investors, Financing, Venture Capital & Funding Opportunities of Startups

September 16, 2008 Leave a comment

To register please visit: https://www.bizak.com/investors/register

This evening, actually 2am this morning, we at Bizak are starting to role out the investor side of our database. This means investors and corporations can finally view and compare startups within our database.  Different from the startup side, investors can actually see specific data, web analytics and financial data for all startups who elect to have their information published.  

Right now, as of 2am Tuesday morning, investors can subscribe to our XML feed and view and compare benchmarks to startups.  All of the investor applications will be completed by Wednesday afternoon.  The features that still need to be added are the profiles (contact information, bio, links, etc.) for startups and the ability to view and sort the top ten projects according to each sort.  A sort consists of Industry, Business Type and Revenue Source.  For example, you can view the top ten startups who are in the Internet industry, operate a business network and have a subscription model.  

As for the XML feeds this allows investors, venture capital firms and corporations to integrate our data into their platform for both internal use and database access for clients.  Examples of the data included in the XML schemas can be seen below.  Both of the XML files are being modified a bit more and contact phone and URL will be integrated into the startup schemas. Each subscriber has their own unique URL which returns data in XML format using the below schemas.

To register please visit: https://www.bizak.com/investors/register

For additional information about the investor side of Bizak please view the video below the XML data.

Startups & Projects

<?xml version=”1.0″ encoding=”UTF-8″?>
<projectlist>
<project>
<startup>Startup Company Name (text)</startup>
<startupcontact>Startup Contact Name (text)</startupcontact>
<projectname>Project Name (text)</projectname>
<industry>Industry (text)</industry>
<websitetype>Website (text)</websitetype>
<revenuesource>Revenue (text)</revenuesource>
<visitors>Visitors (number)</visitors>
<revenue>Revenue (number)</revenue>
<rpv>Revenue per Visitor (number)</rpv>
<costs>Costs (number)</costs>
<cpv>Costs per Visitor (number)</cpv>
<earnings>Earnings (number)</earnings>
<epv>Earnings per Visitor (number)</epv>
<estimate>Bizak Estimate (number)</estimate>
</project>
</projectlist>
Benchmarks
<?xml version=”1.0″ encoding=”UTF-8″?>
<benchmarks>
<benchmark>
<industry>Industry (text)</industry>
<websitetype>Website (text)</websitetype>
<revenuesource>Revenue (text)</revenuesource>
<visitors>Visitors (number)</visitors>
<revenue>Revenue (number)</revenue>
<rpv>Revenue per Visitor (number)</rpv>
<costs>Costs (number)</costs>
<cpv>Costs per Visitor (number)</cpv>
<earnings>Earnings (number)</earnings>
<epv>Earnings per Visitor (number)</epv>
<estimate>Bizak Estimate (number)</estimate>
</benchmark>
</benchmarks>

 

 

Comparing the Financial Performance of Startups

September 13, 2008 Leave a comment

Slide 7 from the Bizak presentation discussing our market and the need to make an apples to apples comparison of internet startups.

For the high quality version please click here

Bizak’s Revenue & Business Model

September 11, 2008 Leave a comment

Here is another slide from Vencorp’s Mashable Startup Showdown.  This video is a bit longer at 2:49 and this time around I’m discussing (in detail) Bizak’s current revenue model.  The discussion also talks about our plans to syndicate our data via XML (available soon for $4,000/month) and the integration of professional consulting services for both startups and investors.

For the high quality version of this video please click here.

Corporations?

September 11, 2008 Leave a comment

I’ve recently received a few emails asking if TOKiBiz, Inc. works with corporations in addition to our work with startups?  The answer is a resounding yes!  

Corporations are obviously a different beast than startups but both can benefit from an outside, experienced perspective on the integration of Web 2.0 into their business.  With corporations we tend to focus on new applications that can complement or add to their current business.  Anything from the integration of a social network for employees and/customers to strategizing the integration of their data into a more web friendly subscription model platform.

I tend to prefer working with people face to face so if you’re located in the Boston metro please feel free to call me (617-947-8071) so we can book a meeting.