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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. ” Stay lean and only raise a big round if you DO find product / market fit and which point you want to loosen the belt quickly and raise the capital to do so. ” Just know the game you’re playing.

Burn Rate 383
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Webinar Recap: 14 Tips on How to Pitch and Get Funded

Up and Running

You should have a good solid executive summary, you should have full financials, and that means a projected balance sheet, P&L and cash flow. This is why we love the lean startup methodology. Or, “How do you know that your growth is going to, in year three, going to spike up by 50%?”