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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. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. But what IS the right amount of burn for a company?

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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services.

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8 Keys To Maximizing Your New Venture Stock Net Worth

Startup Professionals Musings

It’s disconcerting for most to realize that these shares are initially worth nothing, and the challenge is to get that value up as quickly as possible, without losing it just as quickly to investors, lazy partners, and taxation. Retain the right to reclaim stock from anyone leaving the startup. In the U.S.,

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An economics lesson for growing companies

Berkonomics

Catching up from past insights. Growing companies usually require more working capital during their periods of rapid growth. The problem is that few small, growing companies seem to be attractive to most banks for traditional unsecured or asset-backed loans. The banks need to be convinced. Read the loan covenants carefully.

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Former CEO Of Startup Pleads Guilty To Defrauding Tech Bank

socalTECH

The former CEO of a Southern California communications services company has plead guilty to charges that he fraudulently obtained $5 million in bank loans from one of Southern California's big startup and technology banks. Lewis now faces up to 30 years in federal prison. According to the U.S.

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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item. Trade equity or services for startup help.

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Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises.

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