Remove Burn Rate Remove Finance Remove Operations Remove Technical Review
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3 Ways Structure Can Take Your Tech Startup To New Heights

YoungUpstarts

Think of a tech startup the same way. Forty-six percent of those cases fall short due to issues of “incompetence,” which can allude to any type of structural snafu. Speaking intelligently about your company’s current (and future) performance means regular check-ins with your finances. Use burn rate as an example.

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Use agile budgeting to manage your cash

David Teten

Sean Colrock, Director of Client Partnerships at Wiss & Company , suggests at a minimum you track: cash on hand; fume date; and burn rate. due to inflation, salary increases) to maintain margin in an environment of downward pressure on prices. 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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The Great VC Ice Age is Thawing (for now) – Part 1 of 3

Both Sides of the Table

High burn-rates fueled by over investment – One of the most damning things that happened to the start-up markets in 97-00 and 05-08 was the overfunding of technology companies. Bu when you start to worry that the world is ending (as it seemed it was in late 2008 / early 2009) you tend to get worried about large burn rates.

Burn Rate 263
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ProfessorVC: Why didn't I think of that??

Professor VC

This team had a working prototype of the first solar powered wetsuit using nano-solar technology. Here are a few of the budding entrepreneurs that I chatted with at the event: Jeff Gibboney, a graduate mechanical engineering student, developed a battery operated skateboard for cruising to school or work. How Much Diligence is Due.

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ProfessorVC: Is it the Horse or Jockey?

Professor VC

The 6-year firm survival rate was 60% for dead founders and 61% for live founders, while the average Operating Return on Assets was 6% for dead founders vs. 8% for live founders, but neither are statistically significant (Hvilde 15). How Much Diligence is Due. I also teach Entrepreneurial Finance at San Jose State.

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ProfessorVC: Can Entrepreneurship Be Taught?

Professor VC

The business environment is much more complex today, and the hopeful entrepreneur need to understand more of the environment in which they will operate. How Much Diligence is Due. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases.