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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000.

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Lessons Learned: Hugh Molotsi

Startup Lessons Learned

Through the great work of many other Intuit employees, Intuit Payments would eventually become a roughly $1B business for Intuit and a key enabling feature for over half of Intuit’s small business revenue. I was generously rewarded the Intuit Founders Award in 2011 for helping get it started.

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There’s Something Abuzz With GoodBuzz

YoungUpstarts

Mawuna Koutonin is the founder of London-based GoodBuzz , and his story is the stuff of dreams. He later worked for eight years at the European Union commission helping to develop the cultural industry in Africa (cultural products being the main exports – and revenue – for poor African countries).

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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Airbnb founders Brian Chesky and Joe Gebbia had difficulty securing funding, so they launched a mini project to build some funds and catch investors' attention. Using this capital , the founders launched and enjoyed exponential growth in their first year, with 10K users and thousands of listings. Photo Credit: Jack Underwood.

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Does Fintech Disruption Break The Investment Banking Model?

YoungUpstarts

by Joe Duncan, founder of Duncan Capital LP. According to research from JP Morgan, revenues from investment banking peaked in 2009 at $207.7 Today employment in the sector is comparable to levels from 2005-2006 when revenues were also similar. At least for investment banks the answer is not so clear cut.

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Cliff Notes S-1: Kayak ? AGILEVC

Agile VC

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Financial Snapshot: 2010 Revenue: $170 million. Distribution revenue is CPC and CPA. .

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A Tale of Profit First Success from Sherri Tafoya, President & founder of Custom Blinds & Design

Mike Michalowicz

So when Sherri Tafoya, President and Founder of Customs Blinds & Design contacted us raving about the system, we asked her to share her experience and she graciously obliged. I have 3% saved to my Profit First account (8% if you consider gross profit dollars vs. gross revenue). Fast forward to 2020 . I have no credit card debt.