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ProfessorVC: Is There Any Truth in "The Social Network"?

Professor VC

Is There Any Truth in "The Social Network"? Got around to seeing The Social Network this past weekend. I did a little searching around the web to try and find a truth vs. fiction comparison, but the closest I found was "The 10 Most Glaring Lies In The Social Network" on the Business Insider. ProfessorVC.

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ProfessorVC: Burn Rate

Professor VC

The burn rates of my portfolio companies is certainly top of mind right now, but thats not what this post is about. Since Im not a fan of any of those genres, I have been looking forward to the release of his latest work, Burn Rate. Don't Stop Believin' Is There Any Truth in "The Social Network"?

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How much does it cost to build the world’s hottest startups?

The Next Web

Considering Facebook’s scale, the company is now in the business of operating power plants to operate its servers, therefore, Schippers estimates that Facebook has a $30 million dollar monthly burn rate just for hosting. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous! 4) WhatsApp.

Cost 168
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The Cost Equation for a Startup is Better Than Ever

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. No office space rental, no secretary, and no accountant are required. Technology costs.

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5 Things You Need to Learn Before Launching a Startup

ReadWriteStart

When you get funding, you need to monitor the burn rate in order not to go bankrupt or understand if you need to raise more money. Figure them out, monitor them regularly, and compare the ongoing period with the previous ones to see if you are growing, declining, or stuck.

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Why Startups Love The One-Two Of Engaging, Affordable Quiz Marketing

YoungUpstarts

Startups are regarded for their embrace of industry disruption, all the while constantly trying to limit their burn rate and conserving their capital for future growth. Their compelling format encourages users stay until the end of the content, and their results encourage shareability on social networks.

Marketing 147
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You Don’t Need to be Rich to be an Entrepreneur

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. No office space rental, no secretary, and no accountant are required. Technology costs.