Burn Rate Cofounder Finance Hiring 
Steve Blank
SEPTEMBER 3, 2014
I was driving home from the BIO conference in San Diego last month and had lots of time for a phone call with Dave, an ex student and now a founder who wanted to update me on his Customer Discovery progress. neither you nor your cofounder can code and you’re building a mobile app? It takes weeks to make even a simple change.”.
Mucker Lab
MAY 28, 2020
This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Hire the wrong people. Bad hiring decisions are often a symptom of premature scaling. Why hire a sales team when you have nothing to sell yet? Be trigger shy about hiring. It’s an art.
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YoungUpstarts
MAY 19, 2016
Speaking intelligently about your company’s current (and future) performance means regular check-ins with your finances. Use burn rate as an example. If you don’t understand how much money your company is burning through each month, how can you expect to intelligently talk about your fiscal health? Get it all in writing.
Both Sides of the Table
JULY 13, 2013
I got a job at a bank, and I worked in their corporate finance group. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. [00:14:38] DEREK: It was, “Can you create your own brand?”
The Next Web
DECEMBER 2, 2013
Therefore, if you want to bring an MVP ( Minimum Viable Product ) to market, Werdelin approximates that you’ll need $50,000 to $250,000 , depending on the skill sets of the developers and designers you hire. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous! 3) Facebook. 4) WhatsApp.
Startup Professionals Musings
JANUARY 7, 2014
Early co-founders often drop out of the picture due to disagreements, and you forget about them, but they don’t forget about the verbal promises you made. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Do not delegate this task.
Up and Running
OCTOBER 1, 2014
” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. She and original cofounder Megan Bradford poured their proverbial blood, sweat and tears into this enterprise. Nelson has some tips: Know your burn rate. How do you balance it all?
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