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

Feld Thoughts

Three months in, the burn is now at $70k/month. No updates, screen comps, or metrics have been publicly shared yet. A review of the cash position, burn rate, and execution plan would have revealed there was not enough cash on hand to nail the pivot while leaving 3-6 months of time in market before raising again.

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5 Things You Need to Learn Before Launching a Startup

ReadWriteStart

Metrics A business should be measurable. Metrics help you identify if you are on the right path and they help to convince prospective investors to give you money. There are more than a dozen startup metrics that a founder can use. Learn how others do it, listen to experts, and figure out your pricing policy.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The Wrong Metrics. Traditional startup board meetings spend an insane amount of wasted time using Fortune 100 company metrics like income statements, cash flow, balance sheet, waterfall charts. Not Real-time.

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Why Board Meetings Suck – Part 1 of 2

Steve Blank

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The Wrong Metrics. Traditional startup board meetings spend an insane amount of wasted time using Fortune 100 company metrics like income statements, cash flow, balance sheet, waterfall charts. Not Real-time.

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Startup Benchmarks

VC Cafe

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? Is my churn rate below the category average? 500 Startups created a helpful primer on key B2C metrics.

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What's Wrong With Today's Board Meetings: Part 1

ReadWriteStart

An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The Wrong Metrics : Traditional startup board meetings spend an insane amount of wasted time using Fortune 100 company metrics like income statements, cash flow, balance sheet, waterfall charts.

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Monthly investor reports: how bad news can make you look awesome

Hippoland

At a minimum, include Last month’s revenue OR if you are pure consumer company, DAUs / MAUs Growth Other potential metrics (depending on the nature of your business) may include: Monthly leads Churn / re-engagements / upsales etc… Some companies include a graph of their KPIs, which makes it easier to visualize.