Burn Rate Design Finance Partner 
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. And we were able to secure that investment along with a partner from that firm joining our board. The financial pain of unplanned delays. Time slipped; fixed overhead continued.
David Teten
NOVEMBER 26, 2019
Sean Colrock, Director of Client Partnerships at Wiss & Company , suggests at a minimum you track: cash on hand; fume date; and burn rate. Peter Nesbitt, VP of Finance at Teampay , said, “Forecasting is exceptionally challenging in practice, especially as end users drive an era of distributed spending.
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Berkonomics
AUGUST 10, 2017
Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. And we were able to secure that investment along with a partner from that firm joining our board. Time slipped; fixed overhead continued.
Mucker Lab
MAY 28, 2020
This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Until you have product-market fit, hire builders: engineers, designers, and growth and product people. Do you have enough work for a fulltime visual designer or can you get by with a contractor?
The Next Web
DECEMBER 2, 2013
We interviewed the heads of the top Web and mobile development companies, incubators, agencies and labs to understand what it takes to design and develop the most successful apps of our generation. If you asked me to build Facebook.com for you, I would quote you $500,000 and nine months of development and design time,” says Schippers.
Both Sides of the Table
JULY 13, 2013
I got a job at a bank, and I worked in their corporate finance group. We had a finance group for all of the bank branches based in San Diego, and I wrote programs to download stuff from the mainframe so we could do analysis three days faster than they could send us the data. Comp sci in the 80s was terrible. It was all technical.
Both Sides of the Table
FEBRUARY 25, 2019
Here are some observations I have from this exposure: If a company moves from strength-to-strength with predictable outcomes, easy financings, low staff turn-over, limited competitive threats then the composition of the board probably doesn’t matter as much. What are the kinds of difficult tasks that need to be solved by boards?
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