Startup Professionals Musings

JULY 27, 2014

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. These steps alone can reduce your monthly burn rate by at least $10K. A programmer can build a new smartphone app for a few thousand dollars. Martin Zwilling.

Entrepreneur 260

Entrepreneur Burn Rate Social Media LLC 260

Both Sides of the Table

JULY 13, 2013

By the way, this was still pre-Netscape, pre-Internet. So I joined this group called Network Solutions, we did computer networking, the predecessor to the internet. Probably the internet helped because they needed internet skills in their strategy group. I was like, “Hang on a second. ” No, no.

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

Startup Professionals Musings

JUNE 18, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Technology costs.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Technology costs.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

YoungUpstarts

JUNE 17, 2019

Startups are regarded for their embrace of industry disruption, all the while constantly trying to limit their burn rate and conserving their capital for future growth. Marketing: startup style. Marketing for startups means marketing for efficiency.

Marketing 147

Marketing Startup Burn Rate Advertising 147

Startup Professionals Musings

APRIL 23, 2016

Here are my top ten tips to get the best ones interested in you, as well as deciding if the entrepreneurial fit is right for you: Optimize visibility and image on the Internet. How you manage your “personal brand” on the Internet is indicative of an ability to manage a startup brand later.

Startup 120

Startup Burn Rate Cofounder Salary 120

Startup Professionals Musings

JULY 24, 2017

The longer you wait to start your own business, the higher the default burn rate, and the less happy you will be to take a financial step down. In a startup, you can’t afford to spend the time or the money for out-house training, so self-learning from the Internet and unpaid advisors is the norm.

Salary 147

Salary Burn Rate Vertical Equity 147

Both Sides of the Table

JUNE 17, 2017

They don’t want high burn rates but they will never fund slow growth. The first company represents a normal software company that sells its products directly (either via sales staff or directly off of the internet). This is precisely why large Internet categories often produce “winner takes most” outcomes.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Startup Professionals Musings

MARCH 28, 2016

While the CFO usually takes the lead in finding professional investors, everyone needs to look for ways to reduce the burn rate and maximize alternative funding sources, including bartering for services, finding partners willing to accept deferred payments and talking to friends and family. Finding creative ways to fund activities.

Entrepreneur 120

Entrepreneur Burn Rate Leadership Salary 120

ReadWriteStart

SEPTEMBER 10, 2012

The new generation of billion-dollar internet companies is built on revenue. Users do still figure into the equation when VCs evaluate an Internet startup. Turns out that many of the highest-usage consumer Internet companies also have the thinnest and least monetizable engagement, which is a big disincentive for investors.

Burn Rate 148

Burn Rate Startup Revenue Valuation 148

Steve Blank

JUNE 1, 2011

The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. While that’s great when you showed up in your horse and buggy, the strategy-to-tactic-to implementation lag is painful at Internet speeds. Not Real-time. Startup board meetings occur every 4-6 weeks.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Gust

JUNE 10, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Technology costs.

Cost 139

Cost Burn Rate SEM Startup 139

Steve Blank

JUNE 1, 2011

The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. While that’s great when you showed up in your horse and buggy, the strategy-to-tactic-to implementation lag is painful at Internet speeds. Not Real-time. Startup board meetings occur every 4-6 weeks.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Both Sides of the Table

APRIL 23, 2011

In the late 90’s he saw the internet boom and helped start IronPlanet.com, a construction equipment marketplace that is nearing an IPO. At the time consumer internet venture capital was still suffering from the collapse of the Tech Bubble. The in invest in IT (Software + Internet + Healthcare). 40:30 –41:30). 41:30-42:00).

Vertical 265

Vertical Curation Boston Burn Rate 265

Startup Professionals Musings

FEBRUARY 13, 2010

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Technology costs.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

The Equity Kicker

APRIL 22, 2016

In 2014-2015 the unicorn market was over-funded, sparking intense competition, high burn rates, and as we are starting to see now, ultimately damaging returns. Most everything that moved from the internet to mobile looked like this, and was hard to make money from as a result. This threatens returns for all involved.

Burn Rate 60

Burn Rate IPO Valuation Mobile 60

VC Cafe

JULY 26, 2020

In fact, they were screaming at them to dramatically reduce their burn rates. Angel investment, which was small to start with, disappeared, and most corporate VCs shut down. VC’s were no longer insisting that startups spend faster, and “swing for the fences”. It was a nuclear winter for startup capital.”

Lean 214

Lean Seed Capital Startup Burn Rate 214

ReadWriteStart

SEPTEMBER 10, 2012

The new generation of billion-dollar internet companies is built on revenue. Users do still figure into the equation when VCs evaluate an Internet startup. Turns out that many of the highest-usage consumer Internet companies also have the thinnest and least monetizable engagement, which is a big disincentive for investors.

Burn Rate 78

Burn Rate Startup Revenue Valuation 78

Mucker Lab

MARCH 8, 2016

We’ve been doing Internet stuff our whole careers, since the graphical web became a mass-market, commercial medium in the 1990s. How can we tell founders to stay lean, keep focused on their customers, and keep burn rates low if we cannot walk the talk and eat our own dog food? We’ve ridden the ups and downs of economic cycles.

Burn Rate 60

Burn Rate Limited Partner Bootstrapping Portfolio 60

ReadWriteStart

SEPTEMBER 10, 2012

The new generation of billion-dollar internet companies is built on revenue. Users do still figure into the equation when VCs evaluate an Internet startup. Turns out that many of the highest-usage consumer Internet companies also have the thinnest and least monetizable engagement, which is a big disincentive for investors.

Burn Rate 60

Burn Rate Startup Revenue Internet 60

The Equity Kicker

JANUARY 10, 2020

It’s got a big burn rate, it’s too big to pivot, and it goes bust. It’s not too much of an overstatement to say that, 20 years ago, at the beginning of the internet, you could put almost any quality of experience online. They find a niche in the market where they can grow some revenues and then they raise some more money.

Partner 68

Partner Early Stage Portfolio Metrics 68

ReadWriteStart

JUNE 13, 2011

The only numbers in those documents that are important in the first year of a startup's life are burn rate and cash balance. While that's great when you showed up in your horse and buggy, the strategy-to-tactic-to implementation lag is painful at Internet speeds. Not Real-time : Startup board meetings occur every 4-6 weeks.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

ReadWriteStart

JANUARY 27, 2011

I suspect Ryan is keener on building a consumer Internet play, but my business experience says this would do better as an add-on residing on the sites of other retailers. Jeff has managed to keep his burn rate very low thus far, and a slow and steady crafting of the business is working nicely.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Hearpreneur

JULY 7, 2019

With increasingly powerful broadband internet and fiber, the ability to work remotely yet feel connected has dramatically improved. Over the next 10 years, entrepreneurship will reach a peak of new startups, increasing the burn rate of founders and the failure rate for new ecosystems. Photo Credit: Mario Peshev.

Entrepreneur 93

Entrepreneur Distribution Employee Arizona 93

Steve Blank

NOVEMBER 2, 2009

The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. And most startup code and features end up on the floor as customers never really wanted them.

Lean 244

Lean Silicon Valley Startup RSS 244

Professor VC

DECEMBER 18, 2008

Unforgettable treasures will provide micro-loans to third world crafts artists to enable them to build their business and will also market their wares through the Internet. She has developed a new twist on the micro-lending concept. She is planning on starting the business upon graduation. Can Entrepreneurship Be Taught? ► October. (1).

San Jose 28

San Jose Silicon Valley Technical Review Angel Investor 28

Professor VC

FEBRUARY 26, 2008

Jeff founded StubHub during the dotcom bust and funding for consumer Internet companies was disappearing rapidly. He definitely had a lot of people tell him that it couldnt be done. Go with Your Gut - This certainly goes hand in hand with challenging the status quo. Can Entrepreneurship Be Taught? ► October. (1). ► September. (1).

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

VC Cafe

APRIL 27, 2011

VCs should aim to provide comprehensive data to their portcos on industry benchmarks, burn rates, market research, competitive analysis, etc. Be a data source – the data flow between a VC and a startup doesn’t have to be one-sided. Regardless of if you plan on investing in a startup, honest feedback is important.

Venture Capital 90

Venture Capital Differentiation Incubator Angel Investor 90

Professor VC

JANUARY 17, 2008

All recommend this program to effectively advertise on the Internet, this is the best program! Labels: angel groups , valuation. 1 comment: Anonymous said. Who knows where to download XRumer 5.0 Help, please. November 22, 2009 2:03 AM. Post a Comment. Newer Post. Older Post. Subscribe to: Post Comments (Atom). Twitter Updates. Blog Archive.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

pandodaily.com

JULY 18, 2012

While a 21-year-old with no mortgage, no girlfriend and a low-burn rate may have nothing to lose, a 40-year old with a career, a mortgage and kids has everything to lose. I am the 46 year old father of a 3 year old and a 5 year old starting a company based on my 25 years in marketing and 17 years in Internet technologies and marketing.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

Seeing Both Sides

MARCH 2, 2011

Modest burn : the company only raised $1.35 million in its series A financing and kept the burn rate at less than $100k per month to make he money last. 2) What was the magic of the foursquare system that drove rapid adoption that so many other consumer Internet companies fail to achieve? Monetization.

API 44

API Valuation Lean Burn Rate 44

Startup Lessons Learned

MAY 15, 2020

Someone would put a radio next to it in Bloomington and we were like, "This internet thing has got to have a better way." To talk to other manufacturers and say, "Why don't we organize together and release information about what our daily production is, what our daily deliveries are, what our order rates are, so we reflect demand.

Dallas 68

Dallas Employee Government Social Media 68

BeyondVC

JUNE 11, 2007

If you burn through your cash and can’t make the monthly principal and interest payments, your lender can take over your company as their debt is usually secured against your company and intellectual property.

Intellectual Property 60

Intellectual Property Covenant Warrant Equity 60

Startup Lessons Learned

MARCH 27, 2009

The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). Were talking PayPal -sized variations.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

abovethecrowd.com

APRIL 20, 2016

The pressures of lofty paper valuations, massive burn rates (and the subsequent need for more cash), and unprecedented low levels of IPOs and M&A, have created a complex and unique circumstance which many Unicorn CEOs and investors are ill-prepared to navigate. The same thing happened to many Internet stocks.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

VC Cafe

FEBRUARY 6, 2011

R&D outside SV is normally cheaper, so it helps you keeping your burn rate low. Jeff Clavier, Seed stage investor in 90+ consumer internet startups, said: We all have a different approach to non Silicon Valley opportunities. And what do the investors think? And what do the investors think?

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

thestartuplawyer.com

FEBRUARY 24, 2010

And for the love of high-speed internet and all things Web 2.0, Contact The Startup Lawyer: Home Page About Contact FAQs Glossary Ryan Roberts Law: Home Page Social Networks: Facebook Twitter LinkedIn Flickr Delicious Digg Last.FM He obviously never launched a startup and got shafted by a co-founder.

Cofounder 40

Cofounder Founder Preferred Stock Startup 40