Remove Burn Rate Remove Finance Remove Networking
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Why Founders Should Know How to Code

Steve Blank

The emphasis on the rapid development and iteration of MVP’s is to speed up how fast you can learn ; from customers, partners, network scale, adoption, etc. Speed keeps cash burn rate down while allowing you to converge on a repeatable and scalable business model. In a startup building MVP’s is what turns theory into practice.

Cofounder 336
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Getting Your Head in the Game for Fund Raising

Both Sides of the Table

You have cash in the bank, a monthly burn rate and a “cash out” date that few in the company truly comprehend. But if you work your entrepreneur network, talk with lawyers who do a ton of startup deals, ask existing investors, etc. When you run a startup you’re always on borrowed time. It sounds like a lot to know — and it is.

Burn Rate 238
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. There is no discussion of burn, runway, and more financing yet.

Burn Rate 153
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Startup Benchmarks

VC Cafe

In SaaS the main benchmarks being measured are revenue growth, sales efficiency (unit economics), churn and burn rate. Other resources for benchmarking deep tech startups: European investment bank – financing the deep tech revolution SOSV – Deep tech investing 101 BCG – the dawn of the deep tech ecosystem.

B2C 141
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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

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. And my specialty was computer networks.

Cofounder 337
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How much does it cost to build the world’s hottest startups?

The Next Web

Taking into account the difference in storage costs in 2002, Schippers estimates that Zuckerberg was spending $3,000 per month on hosting for the first year and about $10 million per month by 2006 as the network grew exponentially in that time period.

Cost 168
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Five common misconceptions about building a startup in New York City

This is going to be BIG.

It’s often some combination of the idea not being big enough to sustain a venture exit or the company just not being appropriate for venture financing. My company was not well executed enough to achieve venture capital financing—and that wasn’t the city’s fault, it was mine. I was there, too. They’re not “dumb Wall Street money”.