What is the Right Burn Rate at a Startup Company?
Both Sides of the Table
SEPTEMBER 28, 2014
Let’s set up a framework. Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service. In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” Gross Burn vs. Net Burn.
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