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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

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
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? You’re a small fish. That is $12 million in profits over 3 years.

Services 332
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Should Entrepreneurs Grow Revenue Or User Count?

Startup Professionals Musings

Should they focus on increasing revenues and profitability, or entice more and more users with free services to increase their valuation. The purest form of capitalism has always meant charging a fair price and making a fair profit. Martin Zwilling First published on Entrepreneur.com on 8/1/2014.

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Business 2015 - Optimism, But Upgrade Your Strategy

Startup Professionals Musings

A November 2014 report by Kiplinger asserts that economic momentum is back on track. This approach will help you diversify and broaden your business’s product lines and services. Recent drops in gas prices are now extending to diesel and even home heating oil. and is working its way back to pre-recession levels.

Study 102
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‘Do-It-Yourself’ Startups Have Never Been Easier

Startup Professionals Musings

Sponsored by VISA Business If you have a unique product or service, and you are not selling it around the world on the Internet, now is the time to start. Now the price is closer to $100 if you are willing to do the work yourself. Many hosting services offer free tools, or will build a default website for you. Start simple.

Startup 100
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500 Startups Presents Bitcoinference

Tech Zulu Event

In light of a less than savory PR landscape, I saw this event to be an important call to attention to the developements towards the Bitcoin industry for 2014, as well as geographically important gathering of minds and enthusiasts in the space. A snapshot of some of the projects mentioned: International remittance services.

Startup 104
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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Prices are soaring in the beachfront communities tech types favor, and rents in these. Prices have gone up dramatically on this beachfront strip. Venices median home price in the first eight months of 2012 broke the $1 million barrier, rising to $1,012,000 from $899,000 in the first eight months of 2011. County: 0.9%.