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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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Roping in the Legal Eagles

InfoChachkie

Like most mature markets, the legal profession is highly segmented with respect to the services provided and markets served. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. Even so, the majority of firms focus on servicing well-established BDC’s.

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

Both Sides of the Table

I was trying to tell a real story about grit and risk and determination and seeing the markets early but struggling to persuade others. The truth is that many “unicorns” have reached the status solely because the funding markets have said so. That’s how markets go. ” No. We f **g don’t.