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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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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

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 I built a “plan b,” which in this case just holds burn rate constant at $350k and has you out of cash in month 19, which gives you more runway. Founder: “Um.

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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. In this post I’ll focus on benchmarking resources for seed and series A in the following three categories: SaaS B2C / Consumer apps Deep tech.

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ProfessorVC: How Much Diligence is Due.

Professor VC

How Much Diligence is Due.Or Ive addressed the due diligence question in previous posts, but this came up again in a debate we were having at a recent meeting of the Sand Hill Angels. And in order to increase our groups returns, one of our goals should be to get more people and man hours involved in the diligence process.

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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].

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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.

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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.

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