Berkonomics
OCTOBER 5, 2023
Many of the start-ups my various angel funds have financed died a slow death , not because of poor concept but because of poor execution, wasting fixed overhead and draining the financial resources from the company coffers. The financial pain of unplanned delays.
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
JUNE 2, 2021
Apple pulled ahead of other mobile phones in its early days largely because it cultivated an ecosystem of software developers who created iPhone apps to meet every consumer niche and need. These have the vision and the resources to fund long-term digital success. You need to be part of a larger ecosystem.
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.
Berkonomics
AUGUST 10, 2017
Many of the start-ups my various angel funds have financed died a slow death, not because of poor concept but because of poor execution, wasting fixed overhead and draining the financial resources from the company coffers. So the CEO comes back “to the well”, asking for more money from the investors to complete the project.
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 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.
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