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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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. Let’s set up a framework.

Startup 383
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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

In case you didn’t know, many VCs target a 3-year investment horizon for a fund and after that the fund mostly does only follow-on investments in companies in that portfolio. It goes without saying that the shortening in time also was due to performance. Family Offices (of high-net-worth individuals or families).

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

Both Sides of the Table

TWTFelipe and I ended up speaking for nearly 30 minutes and we talked mostly about why his company was based in Canada and not the US. In 2005 he was graduated and took a job in South Carolina working for technology company while he started his own web design company on the side. Felipe grew up in Brazil.

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How PointPredictive Is Using Machine Learning To Uncover Fraud, With Tim Grace

socalTECH

There's been a revolution in the use of artificial intelligence and machine learning in the last few years, by both startups and large companies, to help in a large number of areas. With each company that we've started, we've concentrated on a particular market. You've done this before in other industries--what led to new company?

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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

This latest round valued the company in excess of a billion dollars, entering them into the overly-hyped Unicorn Club. In contrast, low-volume, high-conviction investors like Rincon only invests in a handful new companies each year, making it much more costly (in dollars and effort expended) to invest in a loser.

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2009 Coming To A Close, 2010 Just Around The Corner!

Tech Zulu Event

As 2010 approaches, a whole new year of exciting start-ups, tech news, gadgets, and much more is ahead. TechZulu wants to thank not only the Los Angeles tech community but the entire tech community for all the awesome support you have given us throughout this past year. We already have a jammed packed schedule for 2010.

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Interview with Al Eisaian, IconApps

socalTECH

Al Eisaian: IconApps is built around simplifying people's lives through mobile technology. We built that and put it on the App Store on December 24 of 2009. As of the last four months, we've had about 200,000 plus downloads, a bunch of great write ups, and a lot of mom bloggers who have been reviewing the app and writing stories on it.

Mobile 168