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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

Startup 383
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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

Of course you could start your own company. As I talked about in “ Is it Time to Learn or Time to Earn ” – overwhelmingly the best economics go to those that start successful companies. But not everybody has the right skills to build a highly successful and valuable startup from scratch.

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Most Common Early Start-up Mistakes

Both Sides of the Table

This is part of my ongoing series “ Start-up Lessons. &# If you want to subscribe to my RSS feed please click here or to get my blog by email click here. Imagine you pour 5 years of your life into your next gig and it starts to become successful. Starting with 25% is even harder. And you’re probably right.

Startup 365
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7 Pitching Tips to Help You Crush Your Next Investor Meeting

Tech.Co

I’ve had many startup founders tell me that their startup literally has no competition,” said Frank Gruber, Cofounder of Tech.Co, Startup of the Year , and Established. “In What startup teams don’t realize is that having competition is good. I would advise trying not to get into an argument with an investor.

Tips 70
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Roping in the Legal Eagles

InfoChachkie

Johnnie Cochran was an effective, albeit smarmy, defense lawyer who would say or do anything to defend his clients (anyone up for a glass of OJ?). A startup-oriented lawyer may not be able to convince a jury of a guilty man’s innocence, but they can guide your adVenture through the menacing legal shoals it will no doubt face.

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Time is the Enemy of All Deals

Both Sides of the Table

Let me start with a story. We ended up agreeing a term sheet for $16.5 We had people hearing through the grapevine that we were about to raise money and new investors started calling us to get in on the deal. Guys, I accept that we could probably shop this around but we could also end up with nothing. I was resolute.