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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? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

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Beware of Ballers on a Budget

Both Sides of the Table

I still drive the same car I bought for cash in 2005. It’s taking company resources – usually funded by angels or VCs – for personal gain. Work on budgets, submit RFPs, answer customers support calls, work the bug-tracking software, and trying to meet the next sprint release schedule. Why so many on leases?

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How Addroid Is Hoping To Solve The Ad Industry's Flash Problem, with Matt Cooper

socalTECH

There's been a huge debate over the future of Adobe's Flash raging over the last month, as both Google and Mozilla disabled Flash due to security holes and other issues. One company which has been working on solving the Flash problem is Los Angeles-based Addroid (www.addroid.com). It worked so well, Hollywood abandoned the 40K format.

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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

TWTFelipe and I ended up speaking for nearly 30 minutes and we talked mostly about why his company was based in Canada and not the US. He came to the United States in 2001 to study Software Engineering at Auburn University. He started another company on the side while he was working during the day at a technology company.

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Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

In 2004 / 2005 I was starting to get intrigued with user-generated content. This time frame – 2005/2006 – web 2.0 A deep dive into the Foundry Group investment philosophy including an interesting discussion of their investing Themes. “… our lens is: Internet Software Companies anywhere in the U.S.

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Interview with Scott Lahman, GOGII

socalTECH

We called the company GOGII--literally, our short text code of 60611, which you can looks a little like GOGII. Around 2005, those of us at JAMDAT thought Apple would disrupt the application space, so we approached Apple. I fell that that is by far the most important element of a company. It's the quality of the team.

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Does the Size of a VC Fund Matter?

Both Sides of the Table

VC’s raise this money from university endowments, public & private pension funds, insurance companies, banks who invest from their balance sheet or that of their wealthy clients, “family offices&# which means money from very wealthy people, etc. And funds also have investments from the partners of the firm. Maybe even less.