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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.” So money spent should add equity value or create IP that eventually will. You technically have more gas left but you never know if some unexpected circumstance causes you to run out of gas. Valuation.

Startup 383
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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. My co-founder and other management team members wanted us to hold off and see whether we could get the deal done at a higher price. I offered a second time to fund and even increased price a little bit.