Startup Professionals Musings

MAY 14, 2023

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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Startup Professionals Musings

AUGUST 19, 2020

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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Startup Professionals Musings

SEPTEMBER 29, 2018

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

Startup 89

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Startup Professionals Musings

SEPTEMBER 14, 2016

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

Startup 108

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Startup Professionals Musings

SEPTEMBER 14, 2015

Create a business plan online, but don’t wait for funding. Trademarks, copyrights and even patents can be completed online by anyone through the U.S. Patent and Trademark Office site for a few hundred dollars. Too many entrepreneurs still think plans are for investors, and investors are required to build a startup.

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Startup Professionals Musings

OCTOBER 5, 2014

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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Startup Professionals Musings

OCTOBER 15, 2012

It also makes legal sense to never disclose the details of your patent application, before the product is ready to ship. Most startups need funding before shipping, and investors expect to see your website to validate your business plan. Openness is part of the business culture of entrepreneurs and technology centers around the world.

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