Berkonomics
OCTOBER 5, 2023
Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. But first… There is a relationship between time and money that is more complex than most managers think.
Steve Blank
SEPTEMBER 5, 2018
The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. Then one day it was over.
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Steve Blank
JULY 30, 2014
Startups operate quickly – at a speed driven by the urgency of a proverbial gun-to-their-head called “burn rate.” their burn rate (the amount of money they’re spending monthly minus any revenue coming in) and. First, most Silicon Valley startups were (and primarily still are) technology-driven.
Steve Blank
FEBRUARY 11, 2010
Six is a Proxy for Burn Rate. Later I realized six salespeople without revenue to match was a proxy for an out of control burn rate that now had the boards serious attention. they’re furthest from the Silicon Valley corporate office and any oversight.). How many salespeople do you have?”
Steve Blank
FEBRUARY 26, 2013
The press called Rocket Science one of the hottest companies in Silicon Valley and predicted that our games would be great because the storyboards and trailers were spectacular.
Startup Professionals Musings
JULY 9, 2014
So here is a rational hedge strategy I recommend, and see playing out every day in Silicon Valley and other startup hubs. What is the startup cash burn rate per month? The fun is the long-term potential of changing the world, and maybe even hitting it big financially. How much money has been invested so far?
Steve Blank
FEBRUARY 26, 2013
The press called Rocket Science one of the hottest companies in Silicon Valley and predicted that our games would be great because the storyboards and trailers were spectacular.
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