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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. Danielle goes through some commentary from Bill Gurley, Fred Wilson and Marc Andreessen about burn rate and then goes on to discuss her own burn rate and others publicly weigh in.

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8 Things You Need To Start a Business During a Recession

Up and Running

Recessions, or even a volatile market like we’re currently experiencing due to COVID-19 , are difficult times. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway. More room for competition.

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Customer Development for Web Startups

Steve Blank

In my book, “ The Four Steps to the Epiphany ” I use enterprise software as the business model example. His two key slides are at the end of this post but the details on his blog are worth reviewing. What makes sense for startups selling Enterprise Software may not work for startups on the web. Customer Development In Context.

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Are Business Plans Still Necessary?

Both Sides of the Table

The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. That died with waterfall software development. Ditto for enterprise software companies. Usually in a tech / software startup 70-80% of your costs will be people.

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

Feld Thoughts

His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). For the first the months, the team meets often and strategizes on what they want to build while some code gets written.

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Turn What-if to What-Now: The Importance of Scenario Analysis

Up and Running

” It’s been a favorite management tool of mine since my time as VP for a market research firm, and it’s a method I used for decades growing a software company from zero to well over $10 million in annual sales. To optimize management during a crisis , review, and revise these scenarios often. What is a scenario analysis?

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Twitter Link Roundup #235 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7. Are startup burn rates out of control? Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA. Legal Contracts for Software Developers Who Hate Contracts (w/free contract template to use today) – [link]. 1uDRBAT.