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

InfoChachkie

JUNE 25, 2009

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. Just as you would not ask your family physician to perform a coronary bypass, do not ask your corporate lawyer to help you write your patent application.

Technical Advisors 124

Technical Advisors Technical Review IP Patents 124

Both Sides of the Table

SEPTEMBER 27, 2015

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. My concern is that culture of unicorns has created a generation of entrepreneurs & investors looking for short cuts.

Technical Advisors 150

Technical Advisors Startup Writing Blogging 150