Berkonomics
OCTOBER 5, 2023
What most managers miss is that every month cut from the time it takes to perform such tasks cuts the cost by the value of a month’s worth of fixed overhead or burn. Ignoring the cost of product for a moment to make a point, saving a month’s fixed overhead by making processes more efficient, could easily double profits for the year.
Startup Professionals Musings
AUGUST 6, 2023
According to more recent statistics , fewer than a third of all crowdfunding operations end up being successful, and the rest have to return anything they do collect. I would summarize the qualms and feedback from professional investors as the following: Crowdfunding platform costs trickle down to angel groups.
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Startup Professionals Musings
NOVEMBER 25, 2020
According to more recent statistics , fewer than a quarter of all crowdfunding operations end up being successful, and the rest have to return anything they do collect. I would summarize the qualms and feedback from professional investors as the following: Crowdfunding platform costs trickle down to angel groups.
Both Sides of the Table
SEPTEMBER 28, 2014
So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service. Startup Lessons'
ReadWriteStart
JUNE 1, 2020
Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. Now you may want to scale up your operations or expand your presence. The third reason is to fund your short term operational expenses or working capital.
Berkonomics
AUGUST 10, 2017
What most managers miss is that every month cut from the time it takes to perform such tasks cuts the cost by the value of a month’s worth of fixed overhead or burn. Ignoring cost of product for a moment to make a point, saving a month’s fixed overhead by making processes more efficient, could easily double profits for the year.
Both Sides of the Table
JUNE 22, 2011
New investors hate down rounds. When your competition does irrational things to grow fueled by low-cost capital it makes it harder for you to compete by playing by the conventional rules. Building billion-dollar businesses requires 7-10 years which means operating through at least one full economic cycle, if not two.
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