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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Burn Rate 383
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Don’t Sleep on Lightning

Version One Ventures

Given these key advantages, I believe that Lightning (or something like it) will ultimately eat all of the USD payment networks and create the foundation for MoIP (Money over IP). . One major player pushing forward this vision is Jack Mallers’ Strike , a simple app that allows anyone to use the Lightning Network with a USD bank account.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. You own the IP you create. My advice wasn’t to shut down all product / IP initiatives but rather to be clear on their purpose and how to monetize them. That is $12 million in profits over 3 years.

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Small Business and Startups: The Trends for 2014 (Pt II)

crowdSPRING Blog

I started a couple of weeks ago with the first part of a post on small business trends for 2014; today I have 5 more trends that I’d like to share. Investors with annual incomes or a net worth below $100,000 can only invest $2,000 or 5% of their annual income or net worth, whichever is higher.

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Should You Get Rid of Your Website’s Lead Forms?

ConversionXL

That was up from 30% in 2014. In addition, you’re creating a “second net” that can capture leads your forms can’t. Instead of removing lead capture forms from their website like we did at Drift, the Perfecto Mobile team simply added live chat to their site as a “second net.” The Limitations of Forms. sales, support, etc.),