Burn Rate Business Model Portfolio Technical Review 
Steve Blank
SEPTEMBER 5, 2018
A version of this article first appeared in the Harvard Business Review. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Then the cycle repeats with a new set of technologies. IPOs dried up.
Steve Blank
FEBRUARY 11, 2010
The Customer Development process is the way startups quickly iterate and test each element of their business model , reducing customer and market risk. In Discovery startups take all their hypotheses about the business model: product, market, customers, channel, etc. Six is a Proxy for Burn Rate.
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Professor VC
SEPTEMBER 26, 2011
Dan Frommer, in Moneyball for tech startups , interviewed Fred Wilson, Chris Dixon, Paul Graham and Ben Horowitz on the topic. And given that four of the most important tech investors in the world seem skeptical of it, if someone can figure out a good formula that works, they may be able to exploit it". How Much Diligence is Due.
Professor VC
APRIL 7, 2011
Technically, the start-up is insolvent from the day they take the first dollar of investment. However, using portfolio theory, your losers are going to far outnumber your winners, so taking half or more of the gains out of the winners will have a big impact on the overall returns. How Much Diligence is Due. ► May.
Professor VC
FEBRUARY 12, 2008
Of course, rigorous diligence is performed, the team is challenged, and assumptions are tested. Bessemer Venture Partners lists an anti-portfolio of investments they passed on that includes Apple, Ebay, Intel, and Google. How Much Diligence is Due. Now, back to that house in Mountain View, California. Post a Comment.
Startup Lessons Learned
MAY 15, 2020
We reviewed the story of The Diary of Anne Frank and what she went through. Actually keeping the company in business, having it have a sustainable business model, having it pull in the funds that it needs to keep going, that's actually not a greedy thing to do. Like, "Oh, come on. That's so old fashioned." Especially now.
www.chubbybrain.com
SEPTEMBER 28, 2011
Also worth a read after you review these startup failure post-mortems. A month ago, half way through my angel funds raised from family members, I decided to review the progress I’ve made and figure out what still needs to happen to make this a viable business. We focused too much on technology. Company : Nouncer.
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