Up and Running

OCTOBER 1, 2014

What about bootstrapping? Nelson has some tips: Know your burn rate. Keep customers at the forefront, and listen to them. “Let your mission, values, and customer happiness be the guiding force behind everything you do, and remember you are not the customer. ” Nelson says. Plan ahead.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Tim Keane

DECEMBER 14, 2009

   We worked all day building market strategies for customers while we tried to embody our expertise on software that would expand the company's reach.    A low burn rate is a pearl of great price.    It provides lots of options that high burn rates take away. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Startup Professionals Musings

JUNE 18, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Now you can get a product built in China almost overnight with minimal up-front cost, with delayed payment based on first-customer order commitments. Technology costs. Wages and benefits.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Now you can get a product built in China almost overnight with minimal up-front cost, with delayed payment based on first-customer order commitments. Technology costs. Wages and benefits.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Startup Professionals Musings

JANUARY 4, 2015

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Project your cash burn rate to keep at least 18 months between venture capital or angel investments. That’s no fun for you, your investors or your customers. Calculate investment amounts and timing.

Forecast 120

Forecast Entrepreneur Burn Rate Widget 120

Gust

JUNE 10, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Now you can get a product built in China almost overnight with minimal up-front cost, with delayed payment based on first-customer order commitments. Technology costs. Wages and benefits.

Cost 139

Cost Burn Rate SEM Startup 139

Mucker Lab

MARCH 8, 2016

Four years after founding and bootstrapping Mucker Capital , we are pleased to announce the close of a new $45 million fund, Mucker III. How can we tell founders to stay lean, keep focused on their customers, and keep burn rates low if we cannot walk the talk and eat our own dog food? The underdogs. The crazy ones.

Burn Rate 60

Burn Rate Limited Partner Bootstrapping Portfolio 60

Bryce Dot VC

FEBRUARY 6, 2017

Call it Bootstrap+, Fundstrapping or Series 1 and done, there seems to be a move towards simplifying the various funding schemes and getting down to the business of building a real business. Reliance on revenue keeps them close to their customers.

Cap Table 40

Cap Table Burn Rate Dilution Bootstrapping 40

Startup Professionals Musings

FEBRUARY 13, 2010

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Now you can get a product built in China almost overnight with minimal up-front cost, with delayed payment based on first-customer order commitments. Technology costs. Wages and benefits.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. SOCO Games. Brainscape.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Professor VC

SEPTEMBER 16, 2010

However, liked the team, and Dennis Mink, FootFeeds CEO, convinced me of the value in check-ins as a white label service for brands to market to their customers. Bootstrapping 101. Everyone tries to have a memorable demo, often with a musical number, quasi celebrity or skit. Watch Out for the Red W(h)ine. ► September. (1).

Technical Review 38

Technical Review San Jose Angel Investor Silicon Valley 38

K9 Ventures

MAY 28, 2015

And in order to do that they need to either raise capital to be able to hire a team by paying them real dollars or recruit co-founders who are willing to share the journey based on the equity stake and bootstrap the company. For most startups going from no revenue to their first paying customer is a major milestone. Was price an issue?

Revenue 48

Revenue Startup Burn Rate Cofounder 48

Professor VC

NOVEMBER 13, 2008

Also, if the weather gets really bad, they offer a full refund voucher good for your next trip - all about customer retention. Bootstrapping 101. For the true golf fanatics, the second round of the day is half-price all year and the third is free. Watch Out for the Red W(h)ine. ► September. (1). ► July. (1). ► May. (1).

Oregon 28

Oregon San Jose Angel Investor Silicon Valley 28

Professor VC

JULY 31, 2008

Last year, I tried out a custom textbook through one of the major publishers, which seemed like a great way to go. Bootstrapping 101. Guess its not only the students who procrastinate. I actually enjoy the process of pulling together a selection of materials to create a complete course on Entrepreneurial Finance. ► September. (1).

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

BeyondVC

JULY 6, 2006

Here is the typical scenario – you just signed 3 or 4 customers in a couple of different verticals and you feel that all you need is some bodies on the street to grow your business. The burn rate added to your company almost doubles overnight with these heavyweight sales guys with no leads to go after and no mature product to sell.

Hiring 79

Hiring Sales Burn Rate Vertical 79

Professor VC

SEPTEMBER 16, 2008

Perhaps, its that old joke: Q: What two industries call their customers "users"? Bootstrapping 101. I am not sure how this relates to venture finance or entrepreneurship, but Im sure Ill find some connection along the way. Still a good time to revisit what I did over my summer vacation. ► October. (1). ► September. (1).

San Jose 28

San Jose Technical Review Angel Investor Silicon Valley 28