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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

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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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Should Startups Focus on Profitability or Not?

Both Sides of the Table

You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off. Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. If you don’t, somebody else WILL!”

Startup 418
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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

In the startup world, the former happens when a VC makes a bad investment, and the latter occurs when they miss a great opportunity. In contrast, low-volume, high-conviction investors like Rincon only invests in a handful new companies each year, making it much more costly (in dollars and effort expended) to invest in a loser.

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5 Indications That Your Work Culture Needs Attention

Startup Professionals Musings

Yet, according to a recent study , more than half of tech employees see their current office culture as toxic. That can’t possibly be healthy for employee morale, productivity, or customer focus. Healthy cultures thrive on career development and promotions, and don’t wait for people to leave due to frustration.

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The 5 Criteria That Matter When Evaluating A College Entreprenurial Program

InfoChachkie

In my role as a Professor of Practice within UC Santa Barbara’s entrepreneurial Technology Management Program (TMP), I have worked with approximately 8,000 students over a ten year period. Note: due to the founders’ relative lack of experience, most student enterprises do not qualify for venture capital.

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Carrier Network Infrastructure: How to Find Local Vendors to Expand Your Capacity

Southern California Edison Blog

Customers are demanding denser coverage and higher speeds in expanding areas. To keep pace, carriers are making strategic infrastructure investments to expand and improve coverage. T-Mobile and Sprint, for example, invested billions of dollars in 2017 to bring 5G service to customers in the US by 2019.¹.