In this episode I chat with Erica Douglass from Market Vibe about incubators, failure, software startups, pricing and going big with an idea.

(running time 37 minutes)

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“If you are selling $9 software you are selling hopes and dreams” – tweet this.

• 
  
• Market Vibe
  
• Erica.biz
  
• Erica on Facebook
  
• Erica on Twitter (@ericabiz)
  

• 
  
• Whoosh traffic
  
• Erica’s interview on Foolish Adventure
  
• Septoplasty
  
• Patrick McKenzie’s podcast (Erica’s episode not  live yet)
  
• Techstars Austin
  
• Mat Ellis from Cloudability.
  
• Informly
  
• Is startup validation bullshit? (story of the first version of Informly’s failure)
  
• When The Sh*t Hits the Fan With Your Startup
  
• Convertible notes
  

• 
  
• Incubators look at the team first
  
• Some companies in incubators have funding before some don’t (same with revenue)
  
• Helps to have a product with traction – most have launched already.
  
• Erica’s company already had $400k funding before Techstars.
  
• Mat Ellis from Cloudability had already raised $1.6m before entering Techstars.