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Interview with Erik Rannala, MuckerLab

socalTECH

One of the biggest complaints you hear from both entrepreneurs and investors in Los Angeles, is the lack of a credible, visible startup accelerator in the Los Angeles area. We caught up with Erik to hear more about MuckerLab, and its efforts to grow the Los Angeles technology ecosystem. Erik, thanks for the time.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” If you have strong VC support now and a lot of cash in the bank you may be willing to accept a higher burn rate (say $300k or $400k per month) than a company with angel money and less cash in the bank. Valuation.

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

” The punch line from this post was “angel yourself.” ” My friend Ian Sigelow wrote about this last week and advised people not to take on this kind of job. Maybe they were in their 20s in 2002 when being a startup CEO wasn’t really available to most?

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Frank Addantes FounderBlog: Startup 5.0 – I’m just going to chill out for a bit… (OK, for a month…)

Frank Addante

Prior to raising $16M+ in funding from top-tier venture capital firms such as Sequoia Capital, Globespan Capital and Evercore Ventures, StrongMail was self-funded and cash-flow positive. I decided that I was going to consult/advise a few companies and relax for a bit.

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