Burn Rate Hiring Operations Partner 
Both Sides of the Table
MAY 2, 2015
For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. This happens because many CEOs are passionate, market-driven people who are constantly trying to launch new products, win contracts, get press, hire staff and woo VCs. HR & Legal.
Steve Blank
SEPTEMBER 5, 2018
He just hired Meg Whitman. Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money.
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Steve Blank
FEBRUARY 26, 2013
90 days later, I found out our games are terrible, no one is buying them, our best engineers started leaving, and with 120 people and a huge burn rate, we’re running out of money and about to crash. We hired everyone according to our plan. My wife was a great partner here. This can’t be happening to me.
YoungUpstarts
MAY 19, 2016
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? To become part of the surviving half, use these methods to ensure your startup’s structure stands strong. Read your books from cover to cover.
Steve Blank
FEBRUARY 26, 2013
90 days later, I found out our games are terrible, no one is buying them, our best engineers started leaving, and with 120 people and a huge burn rate, we’re running out of money and about to crash. We hired everyone according to our plan. My wife was a great partner here. This can’t be happening to me.
Both Sides of the Table
NOVEMBER 3, 2009
I’m not even talking about your 12-page Powerpoint presentation that you need to raise venture capital or to talk with potential biz dev partners. How many people will you hire in the first 24 months and in which sequence. Don’t know the running rate for engineers? 66% Net Operating Margins?
Both Sides of the Table
JULY 13, 2013
” I want to do the best deals wherever they are, but I thought, most VCs I met didn’t have very good operational experience, so I thought, “Well, what if I created a blog called Both Sides of the Table and could emphasize the fact that I used to sit on your side of the table? Should I hire or not hire this person?
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