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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. But what IS the right amount of burn for a company? 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

Startup 383
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Exec Search Underway at PacBio After CEO, CFO Announce Plans to Retire

Xconomy

Gene sequencing company Pacific Biosciences of California is seeking two new leaders in the wake of retirement announcements by a pair of longtime top executives. Previously Hunkapiller, a DNA sequencing industry veteran, spent more than. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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How This Entrepreneur Raised $28,000 Using Airbnb to Fund Her Startup

Both Sides of the Table

And she didn’t start her company in Northern California. Tracy built her company, Recycled Media , out of necessity. She drove her company to profitability before paying herself a modest salary. She put all of her savings into her company. In one year of Airbnb Tracy netted more than $28,000.

Startup 363
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Pernix Therapeutics Slashes Staff to Shake Up Sales Strategy

Xconomy

Pernix Therapeutics is slashing its headcount by more than 20 percent as the specialty pharmaceutical company tries to move toward profitability after a streak of acquisitions. Morristown, NJ-based Pernix (NASDAQ: PTX ) will cut 60 workers , mostly from its neurology sales staff, the company said today. million net loss.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

Anyone who reads this blog frequently will know that I am a big believer in low-cost video content and specifically the power of YouTube as a content creation & distribution platform. My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share).

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It’s nearly impossible to get a services company financed by VCs. They feel very confident they can hit $18 – 20 million in 2012. And stop effing around trying to create a product company.&#. It would not be a big stretch to image a well run service business like this making 15-25% net profit margins.

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American Immigration: The Invisible Wall to Innovation

Tech Zulu Event

The reality, however, of the coexistence between immigrants and their American peers is proving to be a one-sided pursuit, with qualified immigrants struggling to stay in the country to join the companies that they have co-founded. According to the official press release on Senator Moran’s blog. Take the U.S. and Mark Warner (D-Va.)