Steve Blank
FEBRUARY 11, 2010
Six is a Proxy for Burn Rate. Later I realized six salespeople without revenue to match was a proxy for an out of control burn rate that now had the boards serious attention. There’s Always One in Boston. “Is Is there a salesperson in Boston?” I asked for the Boston sales rep because in the U.S.
Both Sides of the Table
APRIL 23, 2011
Since 2006 they have added offices outside of Boston including Menlo Park, Europe, and China. Richard De Silva is based in Menlo Park with three other partners, there and 5 partners in Boston. They had a very expensive burn rate at the wrong time. The in invest in IT (Software + Internet + Healthcare). 16:35-19:35).
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Startup Lessons Learned
MARCH 27, 2009
The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). Were talking PayPal -sized variations. Amazon PostRank
Version One Ventures
JANUARY 28, 2013
As I’m assuming this is a common question heard in huddled discussions in offices from San Francisco to Boston, here’s my advice on how to navigate today’s financing waters: If you haven’t raised your seed round yet… If you’re looking to raise your seed round, aim for more money than you had originally planned.
Startup Lessons Learned
MARCH 13, 2009
And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Worse, we tricked ourselves into thinking that what the press said about our success was actually true. When they failed to materialize, the company was in big trouble. Amazon PostRank
dondodge.typepad.com
JANUARY 15, 2011
Don Dodge on The Next Big Thing Thoughts on business and technology Home Archives Profile Subscribe About Me « Boston VCs gets first look at Y Combinator Demo Day | Main | Digg-nation is HUGE! My next post will be about the importance of cash flow, keeping burn rates low, and how to avoid excessive equity dilution.
www.paulgraham.com
APRIL 28, 2010
In Boston thebiggest is the CommonAngels. When you have a high "burn rate," youre alwaysunder time pressure, which means (a) you dont have time for yourideas to evolve, and (b) youre often forced to take deals you dontlike. 3 ]If "near you" doesnt mean the Bay Area, Boston, or Seattle,consider moving.
Expert insights. Personalized for you.
248 
Let's personalize your content