article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
article thumbnail

What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). 5 million was always the classic definition of an A-round between the late nineties (crazy financings aside) and say 2007.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

I’ve been meaning to write this post since September of last year when Brad Feld first wrote about the The Founders Visa Movement. I commented briefly on his blog and made a mental note to write a blog post. At the time he granted me permission to write about his story. In 2007 Salesforce.com wanted to buy Koral.

article thumbnail

What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

But when I’m looking to write my check I need to look in the eyes of the captain — the maestro who brings the whole orchestra together. Partners in VC funds only wanted to fund entrepreneurs who had a certain percentage of their net worth tied up in their venture. In the book they profile how VC worked in the early days (60s / 70s).

article thumbnail

Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups

SoCal CTO

skip to main | skip to sidebar SoCal CTO Thursday, March 22, 2007 Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups Ive been participating in a Yahoo Group that are users of LinkedIn and who are Bloggers: [link] Its an interesting group of folks from diverse backgrounds. And, I dont like to copy and paste.

Blogging 150
article thumbnail

Interview: Thorsten von Eicken of RightScale

InfoChachkie

I thought the analogy was preposterous back in 2006-2007 but it has become obvious. I taught a somewhat crazy course about writing and deploying a scalable website in Ruby on Rails and deploying it in EC2. But throughout the transition I had my safety net. Copyright © 2007-11 by J. John is a CPA and holds an M.B.A.

article thumbnail

Obtain Impactful Recommendations And References Leverage: Social Norming To Get Into Graduate School Or Score A Job

InfoChachkie

As noted in Net Profit Score , salespeople have used references as a means of establishing credibility with strangers for hundreds of years. Thus, cite quantified results, such as percentage growth in revenue, number of new accounts closed, Net Promoter Scores achieved, etc. Start by writing a draft of your reference.

Startup 113