Burn Rate, CTO and Revenue

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Burn Rate

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Sayahh’s Financial Statements For August 2011

Feld Thoughts

SEPTEMBER 16, 2011

Now that Dick and Jane have added a CTO to SayAhh’s founding team, they’ve turned their full attention to working on their product. Since SayAhh is in the pre-launch development stage, the company doesn’t have any revenue yet. This results in a gross margin of $0, where gross margin is revenue – cost of goods sold.

Balance Sheet

Balance Sheet Fractional CTO Burn Rate Salary

Five common misconceptions about building a startup in New York City

This is going to be BIG.

MARCH 1, 2010

If they *all* turn you down, then I strongly advocate that you either try to get revenues to prove them wrong, bootstrap user traction, spend your own cash, go with friends/family, or maybe, just maybe, take another look at your model. That being said, is low burn rate really what you should be optimizing for?

New York City

New York City New York Startup Burn Rate

StartUpRoar

Sayahh’s Financial Statements For August 2011

Five common misconceptions about building a startup in New York City

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