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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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For an Entrepreneur, an MBA is not King

Startup Professionals Musings

More importantly, as a parent or mentor, what should you advise young potential entrepreneurs about getting an MBA? Schwab pioneered first the discount brokerage industry and then online investing, capitalizing on the Internet to build the leading online trading company. He even had to overcome dyslexia as a student.

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Roping in the Legal Eagles

InfoChachkie

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. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. It is surprising how often entrepreneurs forget this simple fact. Do not do it.

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Why I F **g Hate Unicorns and the Culture They Breed

Both Sides of the Table

On average they have taken 9-11 years to reach this status and most of our investments have never gotten there. Do you know how many people I meet these days who are “packaging up money in SPVs (special purpose vehicles),” or raising syndicates or doing secondaries or advising high-net-worth individuals how to get into unicorns?