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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So money spent should add equity value or create IP that eventually will. (it is also the title of a fabulous book from Internet 1.0

Burn Rate 383
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

But this mania to not miss out on the next big thing is driving some investors to pay growth-equity prices for traditional market risk (as in, they’re paying up before it is clear there is product / market fit). If you are interested the Vimeo is here. And well they should be. And so on down then line.

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VC Evolution: Physician, Scale Thyself.

500hats.com

Or, as my friend Marc Andreessen might say, Software Eats the Private Equity World. First Round became a very active investor in consumer internet and e-commerce, on a rather lean investment budget, with several notable exits (including Mint.com to Intuit in 2009 for $170M). They are operators, through and through.

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Applied Venture and the inexorable rise of value-add VC

The Equity Kicker

This trend accelerated through the emergence of VC and operator blogging in the early 2000s. . The watershed moment in entrepreneurship becoming more science than art as probably Eric Ries’s publication of The Lean Startup in 2011 (although some would argue for Steve Blank’s Four Steps to the Epiphany in 2005).

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Out of the Crisis #4: Carl Liebert, crisis veteran and radical optimist

Startup Lessons Learned

13:58) Advice for companies who think it's too late to start looking for new ways to operate, including some examples from Austin, Texas. (15:55) And then from there, I was running a fitness company on the west coast by the name of 24 Hour Fitness, which was private equity backed and quite a bit of debt. Carl Liebert : Yeah.

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How to Raise Money – It’s a Journey Not An Event

Steve Blank

And thanks to Ann Miura-Ko of Floodgate (my first Lean LaunchPad co-instructor) for her suggestions. What was a Series A round in 2005 is now a pre-seed or seed round. Keep in mind that there is no “one way” to raise money Different investors will almost certainly have different models, and different regions may have different math.

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From Nothing To Something. How To Get There.

techcrunch.com

This is the first post in what’s going to be a series of blogs on how to go from nothing – no connections, no team, no money and no knowledge of how the startup industry really works – to operating a growing business. I’m taking a 52 week course in how to start up, run, operate, and achieve self employment.