Remove Burn Rate Remove Finance Remove Metrics Remove Revenue
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Startup Benchmarks

VC Cafe

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? Is my churn rate below the category average? Example of Baremetrics revenue per user benchmarks.

B2C 141
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Which Fundraising Round Should You Skip?

View from Seed

Pre-seed investing should be super simple, so any signs of pro-rata rights, tranched financings, charging the company for value-added services, etc. As an inexperienced founder, you are very likely to take at least two rounds of financing before a series A, so the round to try to skip is any sort of second seed. should be avoided.

Dilution 149
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Use agile budgeting to manage your cash

David Teten

Instead of budget approvals, monitor key metrics and give managers more flexibility. Sean Colrock, Director of Client Partnerships at Wiss & Company , suggests at a minimum you track: cash on hand; fume date; and burn rate. Traditional budgets can be destructive and a huge waste of time.

Agile 60
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Your financial health snapshot: the key metrics you need

Up and Running

We’ll be using LivePlan to display these metrics. LivePlan’s cloud-based Scoreboard feature enables you to track your finances on the go. Keep an eye on both your monthly burn rate and any major payables to make sure you’re financially viable in the immediate future. You can take LivePlan for a spin here.).

Metrics 79
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An Alternative to Board Decks Some Seed VCs Actually Prefer

View from Seed

Examples of housekeeping include the following list, though not every item will appear every time: Finance: Cash out date, burn rate, 409A valuation, cap table, common/preferred stock dashboard. Finance is mission critical, for instance – it just appears on a recurring basis. The seed stage is all about traction.

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No Accounting For Startups

Steve Blank

I had been confused for years why I had to update an income statement each board meeting that said zero for 18 months before we had any revenue. How do we finance the company, etc. Do the metrics show that the business model you’re creating will support the company you’re trying to become? Startup Metrics.

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Startup Revenue Milestones

K9 Ventures

At K9 we invest in companies which have a clear/direct revenue model and typically don’t invest in companies that follow the Ubiquity first Revenue Later (URL) revenue model made famous by Eric Schmidt in 2007. I call this Revenue Development and have written about it before. >$0/month. That’s real money.

Revenue 48