Burn Rate Hiring Naming Revenue 
Startup Professionals Musings
FEBRUARY 21, 2012
Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors also look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.
Startup Professionals Musings
JANUARY 28, 2011
Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.
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Startup Professionals Musings
FEBRUARY 5, 2010
Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling. Investors look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low. Great strategy.
Steve Blank
SEPTEMBER 5, 2018
He just hired Meg Whitman. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.
Both Sides of the Table
JULY 13, 2013
You’re two guys in a garage, two guys across campus trying to make a name for yourself. You have been at five startups, you had an exit at your last company where you were the Chief Revenue Officer. Because I’m going to say no to you, and the guys you want to hire from Facebook are going to say no to you.
This is going to be BIG.
MARCH 1, 2010
If they *all* turn you down, then I strongly advocate that you either try to get revenues to prove them wrong, bootstrap user traction, spend your own cash, go with friends/family, or maybe, just maybe, take another look at your model. That being said, is low burn rate really what you should be optimizing for?
Transformify
AUGUST 27, 2017
All of the above is true, but it is also true that many startups have failed because they hired too early, too fast, or fired too late. Many of the points below can be found among the best hiring practices for startups and there is nothing wrong with them in general. Then the hiring begins. Hire full-time employees.
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