Remove Course Remove IP Remove Technical Advisors Remove Venture Capital
article thumbnail

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.” ” Stay lean and only raise a big round if you DO find product / market fit and which point you want to loosen the belt quickly and raise the capital to do so. .” Valuation.

Startup 383
article thumbnail

Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

Of course you could start your own company. Of course I’m not suggesting people shouldn’t start a company. I often tell people in this scenario to focus on a VC “fixer upper.” ” My friend Ian Sigelow wrote about this last week and advised people not to take on this kind of job.

article thumbnail

Time is the Enemy of All Deals

Both Sides of the Table

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. It quickly became impossible to raise venture capital. Many deals – VC or otherwise – didn’t close. It isn’t even a story about raising venture capital or M&A. Especially in VC.