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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. 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. Valuation.

Startup 383
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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” ” My friend Ian Sigelow wrote about this last week and advised people not to take on this kind of job. I saved my main point for last.

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Time is the Enemy of All Deals

Both Sides of the Table

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” VC, sales, biz dev, M&A or otherwise. Conversely I offered the same deal to another entrepreneur who decided to shop around longer. Don’t be complacent – What really winds me up is when entrepreneurs are complacent.