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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.

Startup 383
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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

The company is ServiceTitan, and its market… is air conditioners. Founded by Ara Mahdessian and Vahe Kuzoyan in 2012, ServiceTitan is very much an up-and-coming billion-dollar business that’s a family (minded) affair. These kinds of technologies, unlike AI, don’t automate away workers.

Glendale 271
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New York’s SeedInvest Raises $1 Million To Grow Crowdfunding Platform

Tech Zulu Event

According to Harjinder Sidhu, of Jacaranda Ventures,”SeedInvest is opening up new opportunities for a vast population of accredited investors, and will bring enormous amounts of new capital to startups. ” Over 650 accredited investors and over 450 companies.

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What You Missed On Your Holiday Vacation, SoCal Technology Edition

socalTECH

Independa ($5M, San Diego, software for senior independence). LaunchpadLA Opens Up Spring Applications. Broadcom Powering New Mac Wireless. Surf Air Gets First Aircraft. In the latest roundup of fundings (big few weeks for San Diego, apparently): PatientSafe Solutions ($20M, San Diego, mobile health).

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Ryan Blair, HashtagOne: From Gang Member, To Entrepreneur, To Anti-VC

socalTECH

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). After we sold it to that public company, I founded HashtagOne. What's the theme of your investments?

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Simplifying Startup Investments: Ryan Feit (CEO) of SeedInvest

Tech Zulu Event

On one end, entrepreneurs who have (at minimum) built something customers love and are willing to pay for, and the other hand, investors who are looking for the very companies who fit that profile. What companies like SeedInvest and its peers are doing to help connect investors to startups. Introducing SeedInvest. 116,105,000.

Invest 100
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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. As an early-stage VC I love this phase. Sam’s enthusiasm was infectious and his plans were bold.

Startup 286