High Burn Rates Result in Short Startup Runways
Startup Professionals Musings
JANUARY 28, 2011
Your burn rate 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 burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.
Let's personalize your content