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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

Startup 383
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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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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

Startup 418
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Funraise Creates $600K Fund For Nonprofits

socalTECH

Los Angeles-based Funraise , the Los Angeles startup which develops customer relationship management (CRM) and other technology for nonprofits, says it has created a new, $600,000 fund to provide grants to nonprofits. Application for its first round of grants are due by July 31st. Funraise is led by CEO Justin Wheeler.

Funding 113
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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

There are thousands of grants up for grabs through government website portals, but since this type of financing is designed to support the public, their eligibility criteria tend to be quite specific. million for products and services, and $5.5 You can unsubscribe at any time. Learn more about the SBIR grant, and how to apply here.

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7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. An ethical culture deals with managing values between the individual and the company, to best handle the inevitable conflicts that crop up in every business. Marty Zwilling.

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We Want You!…To Succeed! TechZulu & Gadget Review Partner with Microsoft

Tech Zulu Event

We’ve always been huge advocates of startups. So it brings not only TechZulu, but also Gadget Review great pleasure to announce a partnership with Microsoft. In the coming weeks we will begin to search out qualified startups who can take advantage of what Microsoft has to offer. Free Microsoft Software & Tools.