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Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

A version of this article previously appeared in the Wall Street Journal. As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. If you haven''t already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! Wayne Gretzky.

.Net 100
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How Do YOU Think the Internet Will Evolve? A Sampling of Your Tweets

Xconomy

Join Xconomy and World Frontiers Forum on July 16 for Net@50 , an event exploring the internet’s past and future. ] For my feature article “ Special Report 2069: Predicting the Internet’s Next 50 Years ,” I asked my Twitter followers to share their own predictions.

Sample 69
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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’s the minimum information to give your investors?

Berkonomics

Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more. This could include the need for audited financials, monthly financial and narrative reporting and more. But don’t worry.

Class 120
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Demand Media Files For IPO

socalTECH

According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M For the year ended December 31, 2009, the firm had a net loss of $21.9M For the six months ended June 30th, the firm reported that $66.2M The firm's IPO is being underwritten by Goldman, Sachs & Co., in the first six months of 2010.

Demand 184
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How much information do you give to investors?

Berkonomics

Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuances, changes to the articles of incorporation and bylaws, and more. These could include the need for audited financials, monthly financial and narrative reporting and more.

Class 202
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If Your Passion Is Saving The Environment, Start Here

Startup Professionals Musings

Al Gore, by just talking about it, still seems to be leading the way in monetization, having amassed an estimated net worth reported recently as around $300 million. Choose Energy, and others highlighted in this recent Investopedia article. The ideas are endless, but we need more smart entrepreneurs to implement them.