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On Funding?—?Shots on Goal

Both Sides of the Table

Shots on Goal Being great as a startup technology investor of course requires a lot of things to come together: You need to have strong insights into where technology markets are heading and where value in the future will be created and sustained You need be perfect with your market timing. On Funding?—?Shots Hint: don’t do only 2–3 deals!!

Funding 294
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6 Ways To Improve Your Chances Of New Venture Success

Startup Professionals Musings

To convert your passion into tangible business value, write a business plan that makes financial sense for the needs and future goals of your startup, and have it checked by an expert. Of course, passion is what real entrepreneurs live for, and they sometimes assume it can take them anywhere they want to go. Marty Zwilling.

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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 Right Burn Rate for your Startup?

Both Sides of the Table

Of course there is no right answer but it’s a function of how much capital you have raised, your prospects for raising more capital in the future, your growth rate and your company’s risk tolerance. The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn. million for 18 months.

Startup 212
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8 New Ways To Focus On Customers For Trust And Profit

Startup Professionals Musings

Of course, part of the change is that Gen Z (born after 1996) now outnumbers the Millennials (born after 1981). Although customers today are comfortable providing personal information in return for a better experience, they are also quick to write you off if you misuse the data, disclose it, or use it to push irrelevant products.

Customer 133
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5 Unique Elements Make A Winning Selling Proposition

Startup Professionals Musings

Investor and customer attention spans are short, and both will write you off quickly. Of course, now that you have investor attention, the devil is in the details. Of course, we all prefer billion dollar opportunities, with double-digit growth rates. The net value of this solution from the customer’s perspective.

.Net 73
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Should Startups Care About Profitability?

Both Sides of the Table

Of course when you think about it it’s kind of obvious but when people make snap judgments about information they hear about companies or read about in the press they often don’t take the time to start to consider the details. The Nature of Revenue Matters Of course revenue alone won’t tell you enough. Not necessarily.

Startup 227