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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383
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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

Of course you could start your own company. As I talked about in “ Is it Time to Learn or Time to Earn ” – overwhelmingly the best economics go to those that start successful companies. Of course I’m not suggesting people shouldn’t start a company. For many people that’s the right answer.

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Roping in the Legal Eagles

InfoChachkie

Such attorneys can also add tremendous value in your negotiations with Big Dumb Companies (BDCs), as they can ensure that you focus on the deal points that are of most significance to a small entity. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not.

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7 Pitching Tips to Help You Crush Your Next Investor Meeting

Tech.Co

Try to compile all the different types of questions you could be asked about your business, like technical details, financial assumptions and projections, marketing, IP, etc., I would advise trying not to get into an argument with an investor. The best advocate for your company is you. and prepare a response.

Tips 70
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Most Common Early Start-up Mistakes

Both Sides of the Table

In the Beginning … This is a very important post to me because I find myself giving this advice all the time and if you don’t follow the basic advice here you can cause yourself much heartache down the line – even if your company ultimately becomes über successful. It’s hard enough to build a successful company.

Startup 365
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Time is the Enemy of All Deals

Both Sides of the Table

When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. But we weren’t optimizing for dilution – we were building a $1 billion+ company and we wanted the runway to succeed. Many companies that were in the process of raising money did not. Let me start with a story.