Remove Burn Rate Remove Finance Remove Metrics Remove Technical Review
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Startup Benchmarks

VC Cafe

When you start with an honest and diligent effort to determine the truth of your situation, the right decisions often become self-evident.” — Jim Collins , author of Good to Great. Is my churn rate below the category average? Investors look beyond top line metrics to assess other important factors. What should our MRR growth be?

B2C 141
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Use agile budgeting to manage your cash

David Teten

Instead of budget approvals, monitor key metrics and give managers more flexibility. Sean Colrock, Director of Client Partnerships at Wiss & Company , suggests at a minimum you track: cash on hand; fume date; and burn rate. Successful agile budgeting requires modern technology.

Agile 60
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. One of them used to be a lead developer at [insert hot consumer tech company here].

Burn Rate 152
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ProfessorVC: Is the Grass Really Greener on the Dark Side?

Professor VC

The spring semester of my Entrepreneurial Finance class starts tomorrow. During the next four months, we will examine over a dozen entrepreneurial ventures from a diverse mix of industries - technology, service, food & beverage, and fashion. After a successful career in a technology leader (Intel, Microsoft, Cisco, etc.)

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ProfessorVC: 4 Lessons of Entrepreneurship

Professor VC

As I mentioned in the previous post, Jeff Fluhr (founder of StubHub) recently stopped by my Entrepreneurial Finance class to share his 4 Lessons of Entrepreneurship with the students. He raised less financing than originally planned but was able to launch the site and was running a business by the time his classmates graduated 9 months later.

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On the Road to Recap:

abovethecrowd.com

Why the Unicorn Financing Market Just Became Dangerous…For All Involved. The pressures of lofty paper valuations, massive burn rates (and the subsequent need for more cash), and unprecedented low levels of IPOs and M&A, have created a complex and unique circumstance which many Unicorn CEOs and investors are ill-prepared to navigate.

IPO 40