Both Sides of the Table

MAY 28, 2018

There’s a quick litmus-test conversation any early-stage VC will have with the founder and it’s one that you should be as prepared for as your elevator pitch. Founder: “$8–10 million” VC: “What’s your current burn rate?” VC: “So at a constant rate of burn rate you’d be raising enough for 2.5–3

Burn Rate 247

Burn Rate Valuation Pre-Money Valuation Dilution 247

Startup Professionals Musings

AUGUST 27, 2012

Give the “elevator pitch” for your startup. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Project both revenues and expense totals for next five years, and past three years. Show breakeven point, burn rate, and growth assumptions. Business model.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

JUNE 10, 2011

Give the “elevator pitch” for your startup. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Project both revenues and expense totals for next five years, and past three years. Show breakeven point, burn rate, and growth assumptions. Business model.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Startup Professionals Musings

AUGUST 14, 2015

Every startup needs a simple elevator pitch, quantifying the value of its journey, that can be communicated in less than a minute to new team members, potential investors and customers. Common financial metrics include burn rate, gross margin, revenue growth and net profit.

Elevator Pitch 120

Elevator Pitch Burn Rate Startup Metrics 120

Startup Professionals Musings

MAY 19, 2010

Give the “elevator pitch” for your startup. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Project both revenues and expense totals for next five years, and past three years. Show breakeven point, burn rate, and growth assumptions. Business model.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

Gust

AUGUST 19, 2012

Give the “elevator pitch” for your startup. In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Project both revenues and expense totals for next five years, and past three years. Show breakeven point, burn rate, and growth assumptions. Business model.

Elevator Pitch 146

Elevator Pitch Exit Strategy Burn Rate Merger 146

Up and Running

MAY 22, 2018

After carefully noting their responses (and not asking leading questions), give them your elevator pitch—the short and sweet version of your idea. You’ll have to actually demonstrate that you’re generating revenue and increasing your client base. Your MVP’s success will be a key component of your investor pitch deck.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90