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.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

MAY 24, 2021

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 . The abundance of late-stage capital is good for us all. My first ever investment as a VC was Invoca. Entrada Ventures? —?that Maker Studios?—?sold

Venture Capital 363

Venture Capital Capital Funding Startup 363

Both Sides of the Table

JUNE 19, 2017

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.

Startup 212

Startup Venture Capital .Net Capital 212

InfoChachkie

AUGUST 22, 2016

My venture firm, Rincon Venture Partners recently teamed with Jason Lemkin, Founder of SaaStr , to host the first SaaStrX event. We had a spirited discussion regarding a number of issues related to blowing past $10M in annual recurring SaaS revenue, in front of a sold-out crowd of about 400 entrepreneurs.

Custom 100

Custom Customer Cornerstone OnDemand Metrics 100

InfoChachkie

JULY 28, 2015

I am proud to say that Citrix lived up to all of its commitments and Expertcity, renamed Citrix Online, went on to become one of the largest employers in Santa Barbara county and one of the world’s largest SaaS businesses. VC Funding Alternative. Our BATNA to a sale was to accept funding from venture capitalists.

Company 100

Company Companies Santa Barbara Pricing 100

socalTECH

JULY 13, 2009

As a result, I'm looking at a lot of software-as-a-service companies, and have run a number of SaaS companies. What's your thoughts on the local venture market? We have a regional focus here, and the market is underserved in venture capital, yet it's the second largest metropolis and DMA in the country.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

InfoChachkie

FEBRUARY 17, 2011

That led us to venture capital as opposed to trying to bootstrap ourselves. But throughout the transition I had my safety net. Most big companies initially rejected use of the cloud, just as they rejected SaaS solutions when we launched GoToMyPC in 2001. We always focused on making the story bigger.”.

Cloud Computing 188

Cloud Computing Santa Barbara EC2 Startup 188