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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.

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Activision Blizzard Sees Higher Than Expected Sales In Q1

socalTECH

The company reported net revenues of $1.111 billion, compared with an earlier expectation of only $885M in sales. The company explained that the numbers were driven by record digital sales of its franchises, which include World of Warcraft, Diablo, and Hearthstone: Heroes of Warcraft. billion in sales.

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Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises.

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Call of Duty Modern Warfare 3 Tops $775M In Sales

socalTECH

Santa Monica-based Activision reports this morning that sales of its latest Call of Duty title, Modern Warfare 3, have topped $775M worldwide, in what it says is its record setting five day worldwide sell through. READ MORE>>.

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Honey Acquired By PayPal For $4 Billion

socalTECH

PayPal said the acquisition will help it in its efforts in digital commerce, and add an "extensive" set of consumer commerce capabilities to the company. PayPal said that the acquisition will "transform the shopping experience" for its consumers and also increase sales and customer engagement for its merchants.

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Super League Gaming Sees IPO, But Drops In Debut

socalTECH

The company now trades on the Nasdaq as SLGG. The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M. Santa Monica-based Super League Gaming had its IPO on Tuesday, debuting at $11.00 Super League Gaming is led by President and CEO Ann Hand.

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THQ Reports Loss

socalTECH

Agoura Hills-based video game maker THQ reported its yearly results Wednesday afternoon, reporting that it saw a net loss of $431.1M on sales of $830.0M. the firm lost on sales of $1,030.5M For the quarter, the firm said it had a net loss of $96.9M on net sales of $170.3M, compared with a net loss of $34.5M

THQ 100