Remove Balance Sheet Remove Covenant Remove Lean Remove Management
article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. ” Stay lean and only raise a big round if you DO find product / market fit and which point you want to loosen the belt quickly and raise the capital to do so. Think DropBox, Airbnb, Uber, Maker Studios.

Burn Rate 383