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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Let’s set up a framework. by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. There are many times when being overly capitalized before you’re ready is a negative.

Startup 383
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How the Seed-Stage VC Trend Began, The Downsides of Unicorns & Much More

Both Sides of the Table

At the time almost nobody had heard of the following funds: FirstRound Capital, TrueVentures, Floodgate and SoftTech. By fund II (2007) he was able to raise $15 million (if you watch the video you’ll hear an interesting story of how he did this) and he had a proper fund. I think they were all brand new or just forming.

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How Startups Can Figure Out Sales: Amos Schwartzfarb, TechStars

socalTECH

Donnelly in 2007. Amos Schwartzfarb: My hope is that, at a bare minimum people read it and say, there is a framework here I can use, to use data to test whether what I believe is going to be a company is true. I thought I'd swear off early stage companies, even though I ended up three or four more after that. That was four years ago.

Sales 113
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Interview with Michael Witz, Mob Science

socalTECH

We had a little success with Coffee Bar, Magic Mall, and Sony's Infinite Anarchy, and those games keep getting better and we kept learning about the framework, and added more talent to our team. At the time, in 2007, Facebook had just announced they were opening up their API to third party developers. How did you start company?

IP 217
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Interview with Bryan Biniak, Connected Travel

socalTECH

We had a new tablet we had developed back in 2007, and we were asked to come up with concepts to drive cellular usage. At some point, something more compelling and interesting came up, and I left and went back to Nokia as an EIR in their venture capital fund, focused on mixed and virtual reality and IoT. That's the hard part.

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Startup CTO or Developer

SoCal CTO

In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. What existing systems will we leverage, what programming languages, software development methodologies, web application frameworks, revision control systems, etc.? What technology research is required? What technologies will we use? Accounting?