hellofax

HelloFax Will Fax Your Representative

By Charlie Warzel / @cwarzel

Brilliant in it’s simplicity and intruisiveness, HelloFax has a way to make your voice heard and destroy your congressman’s paper supply in the process. Faxes are loud, annoying, and just plain suck. They also allow for the transmission of physical signatures, which will prove to your representative that you are a real, pen-wielding human…but more importantly its hilarious and annoying and if your lawmakers are too dense to support a free internet, they deserve to be contacted like it’s 1995.

 

Financial Friday//Become a Jetsetter & Learn More!

As young innovators, it’s vital to stay current. I was flying to Houston & read a few things:

Hello Fax: an online service that lets you fax a document without a fax machine. Go to hellofax.com to check it out!

Jupiter Hotel: This unique Portland Oregon hotel is unlike the standards all around! IT has Electra bicycles available for rent on-site, chalkboard doors, & a sunlit ThinkTank to concieve your nect startup! (If I were you, I would add it to your bucketlist!) Go to jupiterhotel.com to check it out!

William Wallet: sleek metal bill catcher (like a wallet substitute)…it’s so 2050 if you ask me! Go to wintercheckfactory.com to see it yourself!

Speaking Life: I think I want to be a CLO (chief listening officer) when I grow up! Kodak has one & her job sounds pretty amazing! Read Spirit Magazine’s August 2011 Issue “Hear, Hear” Article!

I wish I could take the credit for just passing by all this info, but you’ve got to fly & read more to see this firsthand. Visit spiritmag.com!

HelloFax

Let’s face it: fax machines are damned irritating. Like a local newscast that refuses to go HD, it’s a relic of a time before the Internet was ubiquitous and used for everything from business correspondence to grocery shopping. HelloFax aims to bridge this gap by offering online faxing services that let you send, receive, fill out, and even sign faxes straight from your web browser, giving you one less thing you have to print out.

Price Tag: $5+

joannagoddard.blogspot.com
A CUP OF JO: Hello Fax!

Like Cup of Jo, I clicked on SwissMiss’s link and discovered the wonderful world of HelloFax. With a printer/scanner/fax that has literally never worked, I was delighted, and even tried it out this morning. I successfully (and in like 2 minutes) uploaded a pdf of a contract, signed it using my mouse, and ‘faxed’ it from my computer to the appropriate fax number. I could also have sent it to an email address if necessary. I then got an email confirmation from HelloFax that my document had been sent. Such a relief, and such a time-saver! Now I can toss my faulty machine and replace it will a streamlined print-only jobby that will certainly give me less trouble.

I can’t recommend this service enough.

Watch on tech-tuesday.tumblr.com

Thanks to hellofax, sending and receiving a fax is now as easy as making a copy and sending an email.

techcrunch.com
Google, HelloFax, Expensify And Others Want You To Go Paperless In 2013 | TechCrunch

Paperless is an investment theme I feel increasingly confident about.

This article is about a marketing partnership to raise awareness about going paperless.

There are some other local companies - like QuoteRobot and Kashoo - that seem to fit this theme well. I’ve reached out to the Paperless 2013 campaign to see if others can join.

New Post has been published on Tech News

New Post has been published on http://projectopenhand.biz/google-hellofax-expensify-and-others-want-you-to-go-paperless-in-2013/116

Google, HelloFax, Expensify And Others Want You To Go Paperless In 2013

The “paperless office” has been a fantasy of office managers since the advent of the personal computer. While you are probably printing less today than you did 10 years ago, the U.S. Environmental Protection Agency estimates that the average office worker still uses about 10,000 sheets of paper per year (the numbers for the UK are similar, too). To make a new push for a really paperless office, the “Paperless Coalition,” which includes Google Drive, HelloFax, Manilla, HelloSign, Expensify, Xero and Fujitsu ScanSnap, today announced the launch of a new campaign to get businesses to go paperless to save “time, money and trees.”

The group is led by HelloFax. “The digital tools that are available today blow what we had even five years ago out of the water,” said Joseph Walla, HelloFax founder and CEO in a canned statement yesterday. “For the first time, it’s easy to sign, fax, and store documents without ever printing a piece of paper. It’s finally fast and simple to complete paperwork and expense reports, to manage accounting, pay bills and invoice others. The paperless office is here – we just need to use it.”

Paperless 2013, the coalition says, is a “campaign to remove the need for paper from ‘paperwork.’” Besides saving time, money and trees, all of these companies are also obviously interested in getting new users. In its current incarnation, this group is clearly meant to be complementary and doesn’t include any obvious competitors. While Google Drive is not a bad choice for storing your data online, for example, competitors like Dropbox, SkyDrive, Box or SugarSync offer many of the same features.

If you want to go paperless in 2013, you can take a pledge on paperless2013.org, which will also sign you up for the group’s monthly email newsletter. According to its website, the coalition is also planning “other activities,” but it’s not clear what these will look like.

Image credit: clive darr


Google, HelloFax, Expensify And Others Want You To Go Paperless In 2013

#SuryaRay #Surya The “paperless office” has been a fantasy of office managers since the advent of the personal computer. While you are probably printing less today than you did ten years ago, the U.S. Environmental Protection Agency estimates that the average office worker still uses about 10,000 sheets of paper per year (the numbers for the UK are similar, too). To make a new push for a really paperless office, the “Paperless Coalition,” which includes Google Drive, HelloFax, Manilla, HelloSign, Expensify, Xero and Fujitsu ScanSnap, today announced the launch of a new campaign to get businesses to go paperless to save “time, money and trees.” http://dlvr.it/2kjdYZ @suryaray

HelloFax

I am intrigued by the @HelloFax service.

Getting rid of fax machines can save a massive amount of time every time a fax needs to be sent - the process is laborious for those that are not aware.

With that is the associated cost savings of employees time, resulting productivity increase and the reduction in the use of paper, especially if companies adopt the HelloFax signature service.

Additionally, it’ one of the less worrying aspects of the advancement of technology - it’s a positive advance when we don’t have to buy fax machines and manufacturers don’t have to build them. Less waste = great.

Excellent stuff from the perspective of those managing operations in any company.

From the viewpoint of someone who loves startups, the price point is what really makes me love this company. The cost is $9.99 p/month for a full feature set with a limit of 500 faxes per month. The low barrier of entry for people wanting to adopt the service is great strategy and for those interested in operational efficiency, makes it an easy sell to the boss.

There is one crucial aspect that will really drive adoption rates, the ability to port the current fax number over to the HelloFax service. When this functionality arrives, users will have very little excuse to adopt a service that will save money, time and resources.

Feature Request

Customized Cover Pages. In the same way that Xero allows users to send customized invoices to clients, it would be a bonus if you could send a well designed cover page with company branding. Something for the HelloFax guys to think about, perhaps.

Great service, would 100% invest if I was in VC - sign up at hellofax

Why you should raise more than you need


When we went out and raised the first time (four years ago), we hit our fundraising goal. We had additional investor interest and almost closed the round. Instead, our advisor pushed us to keep going and we raised two times that amount. The second time we raised, we took on three times our target.

It took our advisor serious effort to convince us the first time around (Investors and advisors: the crowd, the ringside, and your corner). We were worried about dilution and thought we had more than enough money to grow. Plus, like many founders, I wanted to get back to work since fundraising is a full time job.

Not only do I not regret raising that extra money, I’m insanely happy we did. The extra capital funded the development of HelloSign (after HelloFax) and got us to cash flow positive. If we hadn’t raised, I would have had to go pitch investors during one of our most important inflection moments, when we were building and launching HelloSign.

I continue to see founders stop raising when they still have investor interest and momentum. I’m not talking about tens of millions of dollars, but the difference between $500K and $1M or $2M. It’s the kind of difference that gives you another try when your first hypothesis doesn’t work out or allows you to scale your company during a financial crisis.

Here are some reasons to raise more than you think you need:

  1. Your startup is generally a binary outcome – success or failure

Within reason, dilution doesn’t matter as much as just succeeding. Having enough time to solve the problem you need to solve is the most important. Everything else is secondary.

  1. Think of the money in terms of how much it can increase the value of your company

If $1M dilutes you by 10 percent, can you add another 10 percent or more value? If yes, then raising is a no brainer. (Paul Graham: The Equity Equation)

  1. Chalk up $500K to a pivot, the discovery process, being a first time founder or making dumb decisions

Fully loaded (monthly salary, insurance, office space, office cleaning, gear, snacks, and more), some of our investors say you should estimate each employee costing $10K-$20K per month. I thought that was BS, until we looked at the cost of office space and the tons of other expenses.

Regardless, at the lowest end of the spectrum consider this: 10 people, on zero revenue, spending five months working on the wrong thing, will cost you at least $500K. So whatever you calculate as what you need, build in another $500K.

  1. If your company does well, growth capital doesn’t hurt (and hugely helps)

If you’re killing it, you now have extra fuel to put in the fire. You can take advantage of a game time opportunity, rather than needing to immediately raise more capital, which takes time. Plus, you may be in a financial crisis and not be able to raise growth capital even when you’ve built out the metrics proving that additional money would have an immediate ROI).

  1. If your company doesn’t do well, you have time to fix it

If you’re in the middle of a pivot or still searching for the right users, extra money means extra time to fix things.

  1. Even $1M on zero revenue doesn’t last long

Eighteen months goes faster than you’d imagine. If you’re raising for the first time, $500K or $1M seems like a mind-blowing amount of money. Then you calculate salaries, insurance (health, office, E&O, D&O), office space, legal fees, nice Apple cinema displays and other expenses you’ve never considered — on zero revenue. You may wake up one day to realize you’re out of money and your company has failed (Don’t be the startup that accidentally runs out of money).

  1. You can acquire users with longer payback periods

If you have a profitable campaign with a six month payback period but not enough money to invest and wait for that money to come back, you’d have to shut down profitable campaigns. That’d be frustrating, since you’d literally have a profitable campaign on hand, but wouldn’t be able to take advantage of it. This is similar to number four.

For example, Box has the opportunity to invest in a really long pay back period since they raised a huge round and can afford the impact it has on cash flow. (These Numbers Show That Box CEO Aaron Levie Is A GeniusRead)

  1. The economy is like your crazy uncle — you never know what it will do next

In 2008 funding dried up. That was it. The financial markets took a dive. It was a bad time for many companies trying to raise. It was a time when investors with sterling reputations decided not to wire the money, even after committing. It was a time of huge uncertainty and a really bad time to raise.

The difference in a few days separated those who could raise and those would couldn’t, despite any company merits. It would have been nice to to have cash on hand to weather that kind of storm. Being unable to raise at these moments can kill your company and it often does. Never experienced a financial crisis? Talk to the founders that raised in 2008.

  1. Your next raise is going to be harder

Each time you attempt to raise another round things get more difficult because the expectations increase and the valuation of your company is also supposed to increase.

One of the most jarring cut offs is between angel rounds and A rounds (The Series A crunch is hitting now. Have we even noticed?). Angel rounds are about the vision. The following rounds are about your numbers. Vision is significantly easier than having the numbers.

The only thing that matters between the angel round and VC round is having enough runway (capital) to make sure you get your numbers. Raising without the numbers is extremely difficult.

  1. Lots of small angel rounds are distracting and demoralizing

Fundraising is highly distracting and fundraising every few months is even more distracting. I’ve seen companies in the middle stages where they’re not quite at the A round stage, but continually raising smaller amounts like $200K or $500K only to have to raise that amount again.

There are better ways to spend your time like running your company and making sure you hit your numbers for the next round. Constant fundraising may prevent you from hitting your numbers in the first place.

Just as important, having to continually raise can actually make it more difficult to raise altogether. It’s like a self fulfilling prophecy. If it looks like your company is having a hard time raising because of the repeated effort, it sends the signal that your company isn’t worth the investment. The more it looks like you’re struggling to raise, the harder it will be to raise.

  1. Consolidation of legal costs

It costs a lot of money to raise. You may spend up to $30K or more on legal costs. That’s pretty painful, but it’s less painful when consolidated into one bigger round versus multiple smaller rounds.

  1. With one caveat

Don’t be these founders: Too much funding, not enough action

Just like our advisor made the case to raise more, I’ve made the same arguments to founders. I usually just get a polite nod. We did the same polite nod, but we have an unusually insistent advisor, which is exactly what we needed. So, this is me being unusually insistent as well. Raise more than you think you need.

Read Next: 43 lessons growing from $0 to $1+ million in revenue, twice

Image credit: Shutterstock