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Your burnrate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors look at your burnrate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burnrate low.
Your burnrate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors also look at your burnrate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burnrate low.
Your burnrate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling. Investors look at your burnrate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burnrate low. Great strategy.
Way back in the early eighties, I was privileged to be part of the original IBM PC developmentteam, led by Don Estridge. Compensation and support carried the corporate burden rate. The burnrate was extremely high, with no one working for equity or deferred compensation.
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