Both Sides of the Table

SEPTEMBER 28, 2014

Gross Burn vs. Net Burn. 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 Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. That is $12 million in profits over 3 years. It’s pure irony.

Services 332

Services Venture Capital IP Startup 332

Tech Zulu Event

FEBRUARY 8, 2013

O’Neil said, “ScoreBig.com is the only business that offers consumers deep savings on tickets in a way that protects the brand of the property and the integrity of full-price sales.” ” O’Neil believes that over 500 percent growth in the last year, ScoreBig.com amazing capacity to revolutionize unsold ticket inventory.

Ticketmaster 65

Ticketmaster Entertainment Pricing Class 65

Tech Zulu Event

JULY 16, 2012

.” Founded in 2007 by Ravishanker and a small group of computer science graduates from the University of California, Irvine, the University of Southern California and Harvard University, CallFire has achieved just under $10 million in sales, is profitable and has built that substantial user base–all without venture funding.

Venture Capital 89

Venture Capital Cloud Computing Class Education 89