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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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For an Entrepreneur, an MBA is not King

Startup Professionals Musings

I used to fear that this would put me at a disadvantage in starting my own company, but now I’m convinced that it may be the other way around. More importantly, as a parent or mentor, what should you advise young potential entrepreneurs about getting an MBA? I don’t have an MBA. He even had to overcome dyslexia as a student.

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Roping in the Legal Eagles

InfoChachkie

Such attorneys can also add tremendous value in your negotiations with Big Dumb Companies (BDCs), as they can ensure that you focus on the deal points that are of most significance to a small entity. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not.

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Why I F **g Hate Unicorns and the Culture They Breed

Both Sides of the Table

Not the successful companies themselves but the entire b t culture of swash-buckling startups who define themselves by hitting some magical $1 billion valuation number and the financiers who back them irrespective of metrics that justify it. My fear isn’t whether these companies will be valuable in the future. ” No.