Burn Rate Capital Call Conversion Hiring 
Both Sides of the Table
NOVEMBER 3, 2009
Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). If you’re a consumer destination the revenue and COGS lines should tell me about how big your funnel is, how you fill the top end of the pipe and what your conversion rates will be.
thestartuplawyer.com
FEBRUARY 24, 2010
do not think being friends or relatives reduces the need for these difficult and/or awkward conversations. Who must be a co founder and who can remain a hired principal? When I find, and hire on options, the three perfect CEs/directors must I consider them co founders and treat them accordingly?
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