Both Sides of the Table
SEPTEMBER 28, 2014
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.
Both Sides of the Table
APRIL 25, 2011
It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. You own the IP you create. My advice wasn’t to shut down all product / IP initiatives but rather to be clear on their purpose and how to monetize them. That is $12 million in profits over 3 years.
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socalTECH
JUNE 25, 2009
It seems that every week, a new, Voice-over-IP provider firm surfaces in the market, either providing PBX services, voicemail, or other similar services. What is your VoIP service all about, and how is this different from what seems to be lots of Voice over IP service providers? Cliff Rees: We're a software as a solutions company.
Both Sides of the Table
MAY 10, 2015
This is only an educated hypothesis but I’ll bet it’s pretty close to grounded in reality: Everybody saw “The Social Network” and everybody has a belief that suing will net them millions whether they’re in the right or the wrong. When it involves real or perceived large sums of money, friends sue.
Both Sides of the Table
JUNE 8, 2014
To interconnect these computers we needed IP-based telecommunications equipment build by the likes of Cisco Systems and Juniper Networks. The problem that I’ve seen historically in cities like Los Angeles, San Diego or Seattle is that their historic high-net-worth individuals didn’t come from the tech startup world.
Both Sides of the Table
FEBRUARY 10, 2011
some fun, big tech issues like privacy, net neutrality, location-based services and real-time data. Net neutrality (1:09:00). TCP/IP (Transmission Control Protocol/Internet Protocol) : network transfer protocol, basically it defines requirements for network communications. lessons learned from his days as an entrepreneur.
Both Sides of the Table
DECEMBER 27, 2011
If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year.
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