Both Sides of the Table

SEPTEMBER 28, 2014

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

Startup Company Companies .Net 383

Startup Professionals Musings

MARCH 12, 2010

More importantly, as a parent or mentor, what should you advise young potential entrepreneurs about getting an MBA? In some recent surveys, as many as two-thirds of entrepreneurs felt that their entrepreneurial spirit was more ingrained than learned, so maybe the education level is irrelevant. Consider it a waste of time.

Entrepreneur 60

Entrepreneur Technical Advisors Education Social Network 60

InfoChachkie

JUNE 25, 2009

If you are charged for every nanosecond you spend with your lawyer, consider finding one who is willing to “invest” more aggressively in your success. It is surprising how often entrepreneurs forget this simple fact. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. Do not do it.

Technical Advisors 124

Technical Advisors Technical Review IP Patents 124

Both Sides of the Table

SEPTEMBER 27, 2015

On average they have taken 9-11 years to reach this status and most of our investments have never gotten there. But the status symbol of this milestone is driving investors, entrepreneurs, the press and everybody into thinking you magically can achieve this status in a matter of a few years with a great team and an astounding idea.

Technical Advisors 150

Technical Advisors Startup Writing Blogging 150