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.
Up and Running
OCTOBER 7, 2019
Many startups focus on growth (instead of profits) and often need to track KPIs that may be different from those used by established businesses: Burn rate : indicates the company’s negative cash flow or how quickly it’s spending money. Activation rate: measures how many visitors are engaging with your website or app.
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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. Relish being the expert within a limited vertical domain. Expect to manage the team rather than be a part of it. Small businesses require collaboration and walking the talk.
Both Sides of the Table
APRIL 23, 2011
He is starting to see this occur in sites that are verticalizing content. It has become a short form premium destination that is verticalizing content in category channels. They had a very expensive burn rate at the wrong time. He does think there are opportunities in vertical search. 37:00-40:30).
Steve Blank
SEPTEMBER 7, 2009
O problema é que, devido à grande estrutura criada por antecipação e o consequente nível das despesas (burn rate), a Startup fica com pouco tempo e agilidade para iterar e descobrir o que estava de errado no plano. Isso sem mencionar que, dependendo do problema, em alguns casos fica bastante difícil “voltar atrás&#.
Steve Blank
APRIL 20, 2009
But in fact, most startups need to keep their burn rate low more [.] The Man Who Shot Liberty Valance I always had been curious about how Silicon Valley, a place I had lived and worked in, came to be. Reply DodaPedia » Blog Archive » How to decide where to live , on June 21, 2009 at 7:18 am Said: [.] to do that.
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. Create events around guests arriving from abroad or experts in a vertical area. Be a data source – the data flow between a VC and a startup doesn’t have to be one-sided.
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