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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. Danielle goes through some commentary from Bill Gurley, Fred Wilson and Marc Andreessen about burn rate and then goes on to discuss her own burn rate and others publicly weigh in.

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The Great VC Ice Age is Thawing (for now) – Part 1 of 3

Both Sides of the Table

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. It helped me avoid chasing deals (and a house) in 2007/08 and it led to GRP’s fastest pace of investment in many years in the first three quarters of 2009 at a time when many others weren’t investing.

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Lean Startups aren't Cheap Startups

Steve Blank

The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. Reply links for 2009-11-02 « Blarney Fellow , on November 2, 2009 at 5:10 pm Said: [.]

Lean 244
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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

scott Reply Daily Links #54 | CloudKnow , on April 20, 2009 at 11:42 pm Said: [.] Reply Jamie Varon - techVenture , on April 23, 2009 at 3:05 pm Said: Great post! Reply The Secret History of Silicon Valley Part VI: Every World War II Movie was Wrong « Steve Blank , on April 27, 2009 at 5:02 am Said: [.]

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Reply Twitter Trackbacks for The Customer Development Manifesto: The Startup Death Spiral (part 3) « Steve Blank [steveblank.com] on Topsy.com , on September 7, 2009 at 1:25 pm Said: [.] Reply links for 2009-09-07 « Blarney Fellow , on September 7, 2009 at 6:10 pm Said: [.] Thanks for sharing. Absolutely priceless.

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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Come 2009 we felt really bullish about the future for startups because the froth was gone and so, too, were wantrapreneurs. The people left standing had a compelling vision to build companies and we backed many in 2009. When this period was fresh, in Sept 2009, I wrote a very detailed assessment of what I thought had just happened.

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Use agile budgeting to manage your cash

David Teten

Sean Colrock, Director of Client Partnerships at Wiss & Company , suggests at a minimum you track: cash on hand; fume date; and burn rate. In 2009 the organization moved to a run-rate methodology, which monitors spending quarter-over-quarter. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook.

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