Acquisition Burn Rate Hiring Partner 
Mucker Lab
MAY 28, 2020
This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Hire the wrong people. Honestly, we don’t know.”?
Both Sides of the Table
NOVEMBER 3, 2009
and the subsequent acquisition sprees of companies like Google, Yahoo!, I’m not even talking about your 12-page Powerpoint presentation that you need to raise venture capital or to talk with potential biz dev partners. The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be.
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Both Sides of the Table
JUNE 17, 2017
If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth.
The Equity Kicker
JULY 16, 2015
Companies with lots of cash sometimes add people more quickly, but that drives the burn rate up, often without a compensating increase in the chance of success. A lot of the operational activities will fall to the founder, but it’s common to have 1-2 interns or early hires at this time.
Startup Lessons Learned
MAY 15, 2020
It's never selfish to hire. The customer acquisition costs are going down. I said, "Hire people. Hire them to do whatever you can find them to do." So anything you can do to keep them hired, you just improved their sanity. It's never selfish to hire. They asked me, "What else can we do?"
Up and Running
OCTOBER 1, 2014
Nelson has some tips: Know your burn rate. She notes that if you’re considering acquisition as an exit strategy, creating and maintaining relationships is going to be key. Partner well. Hire and surround yourself with people who are hungry for the opportunity and super driven,” she advises.
Ben's Blog
SEPTEMBER 2, 2011
This is a guest post by Scott Weiss, general partner of Andreessen Horowitz. What’s our burn rate? For instance, it wasn’t a shocker when we stopped hiring as we were raising money. I had a real struggle preparing to be a public company CEO. What are the biggest problems we are facing?
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