Remove Competition Remove Framework Remove Sales Remove Technical Advisors
article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Let’s set up a framework. Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service. In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” Gross Burn vs. Net Burn.

Startup 383
article thumbnail

How to Handle a VC Presentation with No Deck

Both Sides of the Table

I would argue that this mostly consists of consumer Internet companies (although not exclusively) and it is predominantly early-stage people who are product gurus and have a mildly technical bend to them. Use it as a framework for a dialog not a script. But flip you must – just as in a sales meeting. Mobile app?