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

Both Sides of the Table

So VCs started writing some smaller A-rounds. I have come to realize that since the great tech boom started in 2009 and given the massive increase in first-time angels, first-time seed funds, first-time accelerators … there market is just filled with well-intentioned terrible advice. and there''s always a but].

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Interview with Al Eisaian, IconApps

socalTECH

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. Al Eisaian: This time, I didn't build the product and then go test it.

Mobile 168
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5 Reasons Why Businesses Still Love Microsoft

Tech Zulu Event

We’ve all become so used to having Microsoft in our lives that we’ve started to take their products and services for granted. Since then, Microsoft has come out with product after product, always improving and innovating – and you can keep counting on it to keep doing so. came out in 1985. 2. 1.0, NT, 98, ME, Vista, XP, 7.

Writing 88
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

They often make great team members such as head of products, CTO, head of sales, CFO, etc. 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. Great companies are comprised of great individual point people or functional leaders. That’s hard core.

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What Can You Learn from the 4-Hour Workweek?

Both Sides of the Table

It was recommended to me by my friend, Net Jacobsson , who was trying to do some basic Life Hacking. But Net had told me that he picked up some valuable lessons from the book, so I thought, “WTF? Want to take a year pursuing your dream to write a screenplay, travel through Asia, run a triathlon or start your own fashion line?

Startup 295
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Playing the Long Game in Venture Capital

Both Sides of the Table

Imagine if, say, Autodesk had purchased it in 2009 for $100 million? Of the first four investments I made as a VC in 2009, two have exited and two (Invoca & GumGum) still are independent and likely to produce $billion++ outcomes . Case in point, Procore just went public and is trading at an $11 billion valuation. Maker Studios?—?sold