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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

Startup 383
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

Hello friends, and welcome back to Week in Review ! The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. Crypto startups are making it easier to build crypto clubs. Apple launches its first local newsletter.

Marketing 246
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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors, or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. What makes up revenue?

Startup 418
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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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We Want You!…To Succeed! TechZulu & Gadget Review Partner with Microsoft

Tech Zulu Event

We’ve always been huge advocates of startups. So it brings not only TechZulu, but also Gadget Review great pleasure to announce a partnership with Microsoft. In the coming weeks we will begin to search out qualified startups who can take advantage of what Microsoft has to offer. Free Microsoft Software & Tools.

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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

There are thousands of grants up for grabs through government website portals, but since this type of financing is designed to support the public, their eligibility criteria tend to be quite specific. Government business grants are financial awards issued by federal, state, or local authorities. You can unsubscribe at any time.