Angel Groups Burn Rate Hiring Operations 
Up and Running
DECEMBER 11, 2013
Investors like valuation to relate to actual business numbers, such as sales, gross margin (price less direct costs), and burn rate or fixed costs. I can take the money you want, hire some people, and become your competitor.” Services are great for owner operators, but not a great opportunity for investors. Defensibility.
www.paulgraham.com
APRIL 28, 2010
Most startups operate close to themargin of failure, and the distraction of having to deal with clientscould be enough to put you over the edge. Infact, the more prominent the angel, the less likely they are tobelong to a group. Deal terms with angels vary a lot. There are no generally acceptedstandards.
Expert insights. Personalized for you.
136 
Let's personalize your content