Both Sides of the Table
SEPTEMBER 28, 2014
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.
Steve Blank
NOVEMBER 2, 2009
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. And most startup code and features end up on the floor as customers never really wanted them.
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Both Sides of the Table
AUGUST 9, 2011
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.
Startup Lessons Learned
MARCH 27, 2009
Lessons Learned by Eric Ries Friday, March 27, 2009 Cash is not king Cash on hand is just one important variable in a startup’s life, but it’s not necessarily the most important. March 29, 2009 11:48 PM Sean Murphy said. Double your rate of failure." March 30, 2009 8:24 AM Eric said. Dave - completely agree.
Startup Lessons Learned
JANUARY 30, 2009
Lessons Learned by Eric Ries Friday, January 30, 2009 Achieving a failure We spend a lot of time planning. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. February 2, 2009 11:50 AM Juho Hamari said. February 5, 2009 5:43 PM Chris Lunt said.
Both Sides of the Table
JULY 13, 2013
By the way, this was still pre-Netscape, pre-Internet. So I joined this group called Network Solutions, we did computer networking, the predecessor to the internet. Probably the internet helped because they needed internet skills in their strategy group. Be an intern” And by the way, this is 2009.
Startup Lessons Learned
MARCH 13, 2009
Lessons Learned by Eric Ries Friday, March 13, 2009 Dont launch Heres a common question I get from startups, especially in the early stages: when should we launch? And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Great article. Cannon said.
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