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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors also look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.

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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.

Burn Rate 231
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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling. Investors look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low. Great strategy.

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These Innocent Hiring Mistakes Can Kill Your Startup

Transformify

All of the above is true, but it is also true that many startups have failed because they hired too early, too fast, or fired too late. Many of the points below can be found among the best hiring practices for startups and there is nothing wrong with them in general. Then the hiring begins. It all starts with the founders.

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Out of the Crisis #2: Mark Cuban on putting people first, the Dallas Mavericks, and what we'll want on the other side

Startup Lessons Learned

It's never selfish to hire. Mark has a unique ability to use his name and his platform to open doors. I got fired from a software sales job, started a systems integrator called MicroSolutions. I taught myself to code over seven years and wrote all kinds of applications. I said, "Hire people. Like, "Oh, come on.

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How to Fund a Startup

www.paulgraham.com

I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. A big-name VC firm will not screwyou too outrageously, because other founders would avoid them ifword got out. Thats where the name"incubator" comes from.

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

Also worth a read after you review these startup failure post-mortems. created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. .”). Post-Mortem Title : My eHarmony for Hiring Failure. During this year they.