Remove Burn Rate Remove Coder Remove Cost Remove Operations
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

The parallels to the music industry are too obvious even though the industry players, the medium and the cost structures are different. Mostly we got to see the team operate in stressful times and that changed my perspective on the deal. Companies raised too much money in 2005-08 and had high burn rates. Depressing.

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Libox Wants To Manage All of Your Media and on Any Device (Interview with Erez Pilosof)

VC Cafe

He’s a coder himself and believes that any problem can be solved. It also has synching services that usually cost money. Our burn rate is very low and the technology is very scalable. He’s in charge of operations and business development. He then thought, let’s rethink how we share and view the whole media.

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