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    Internal Environment Strengths (S) Weaknesses (W) : Damirez, Von Eric A. 11891521

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    Von A. Damirez
    AndFound's founders are deciding whether to continue offering their service for free or switch to a revenue model. Their strengths include being free and hosting information on many investors and companies, while their weakness is the risk of becoming too entrenched in offering free services. The recommendation is for AndFound to continue offering core services for free while monetizing some additional offerings, and to seek investors who share their vision of helping startups.

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    Internal Environment Strengths (S) Weaknesses (W) : Damirez, Von Eric A. 11891521

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    Von A. Damirez
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    AndFound's founders are deciding whether to continue offering their service for free or switch to a revenue model. Their strengths include being free and hosting information on many investors and companies, while their weakness is the risk of becoming too entrenched in offering free services. The recommendation is for AndFound to continue offering core services for free while monetizing some additional offerings, and to seek investors who share their vision of helping startups.

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    AndFound's founders are deciding whether to continue offering their service for free or switch to a revenue model. Their strengths include being free and hosting information on many investors and companies, while their weakness is the risk of becoming too entrenched in offering free services. The recommendation is for AndFound to continue offering core services for free while monetizing some additional offerings, and to seek investors who share their vision of helping startups.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    37 views1 page

    Internal Environment Strengths (S) Weaknesses (W) : Damirez, Von Eric A. 11891521

    Uploaded by

    Von A. Damirez
    AndFound's founders are deciding whether to continue offering their service for free or switch to a revenue model. Their strengths include being free and hosting information on many investors and companies, while their weakness is the risk of becoming too entrenched in offering free services. The recommendation is for AndFound to continue offering core services for free while monetizing some additional offerings, and to seek investors who share their vision of helping startups.

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    © All Rights Reserved
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    DAMIREZ, VON ERIC A.

    11891521

    Problem statement

    AndFound’s founders, VV and Reza, are deciding on whether to continue their free
    service or to switch on a revenue model.

    INTERNAL ENVIRONMENT
    STRENGTHS (S) WEAKNESSES (W)
     Free  Free
     Currently carries information on 10,000  A “culture of free” can quickly become
    investors and 100,000 companies, ranging entrenched among stakeholders. It’s
    from hair salons to tech start-ups critically important that the founders make
    progress toward establishing a
    sustainable, lucrative revenue model that
    users will accept so that the company
    knows how to monetize when the time
    comes.
    EXTERNAL ENVIRONMENT
    OPPORTUNITIES (O) THREATS (T)
     Start-ups have to pay just for the  They weren’t the only players in the space
    opportunity to pitch their ideas to investors.  Numerous accelerators in the Valley and
    Other firms rarely offered any guidance elsewhere provided coaching for
     Some companies and individuals take entrepreneurs and opportunities to pitch
    advantage of inexperienced entrepreneurs ideas to investors.
    who are going through the fundraising
    process.

    Recommendation

    VV and Reza should find investors who share their vision of providing assistance and guidance
    to the start-ups. With that kind of backing, they will be able to focus on growth for the
    foreseeable future and think about monetizing only when AndFound finally dominates its
    market.

    AndFound should continue providing free service to their customers because that is the
    company’s unfair advantage. But VV and Reza will need to monetize some of the site’s
    offerings, such as its Talent portal, to bring in just enough revenue to keep the lights on and
    continue growing.

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