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How much does it cost to build the world’s hottest startups?

The Next Web

Luck, timing and social engineering are bigger components than most entrepreneurs care to imagine,” adds Werdelin. Considering Facebook’s scale, the company is now in the business of operating power plants to operate its servers, therefore, Schippers estimates that Facebook has a $30 million dollar monthly burn rate just for hosting.

Cost 168
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

A review of the cash position, burn rate, and execution plan would have revealed there was not enough cash on hand to nail the pivot while leaving 3-6 months of time in market before raising again. While that is true, if you rely on outside capital to reach escape velocity, keep the cockpit talking to the engine room.

Burn Rate 152
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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

And my specialty was computer networks. You know, the weird thing, Derek, and I should probably let you speak some time, but I was deeply technical when I went into Andersen consulting, and I got paid much less than engineers who graduated, because I had a degree in economics. They paid engineers $4,000 more entry-point.

Cofounder 337
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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

By the late 1930′s when HP started, a small group (measured in hundreds) of engineers who made radio tubes were building the valleys’ ecosystem for electronics manufacturing, product engineering and technology management. And these microwave engineers were working at startups – not large companies.

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“Venture Assistance”: A Philosophical View Of What Boards Should And Should Not Do

techcrunch.com

He knows how to advise entrepreneurs on hiring/firing, running teams, managing funding, when/how to control burn rate, and making other tough management decisions in the real environment of startups. Having this kind of advisor as your coach is like turbo-charging your entrepreneurial engine from the sidelines.

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The Cost Equation for a Startup is Better Than Ever

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Use the Internet and social networking instead of public relations companies and advertising agencies. Technology costs.

Cost 255
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Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Companies raised too much money in 2005-08 and had high burn rates. We have the inability to hire engineering in Silicon Valley or brand sales people in NYC but the country still has very high structural long-term unemployment. tl;dr summary. VCs were very active in this period. So no new deals got done. My prognosis?

Stock 305