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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.

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How To Test The Startup Lifestyle Before You Commit

Startup Professionals Musings

Kick your networking up a notch. Every geographic area has entrepreneur networking activities, like startup weekends and tech meetups. There are many networking groups on FaceBook, LinkedIn, and others social media sites, which can help you increase your odds of finding a match early. How much money has been invested so far?

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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.

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What Makes an Entrepreneur (2/10) – Street Smarts

Both Sides of the Table

I just knew that our sales sucked wind and we were burning through tons of cash. I advocated LOUDLY at the board that we needed to cut our burn rate. We were heading into this most recent recession but it wasn’t fully known yet. We were SMOKING cash.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

And my specialty was computer networks. So I joined this group called Network Solutions, we did computer networking, the predecessor to the internet. Someone is willing to have a high burn rate because they want to build something big, and the other person wants to have a lower burn rate.

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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

The arc converter basically used the negative resistance of the an electric arc to cancel the positive resistance of an LC network thereby causing it to oscillate in a pure narrow-band CW frequency (aka Q-tuning). But in fact, most startups need to keep their burn rate low more [.] to do that.

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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. Rob Go: How Much Traction Do You Really Need to Raise a Seed or Series A Round? Software as a Service (Saas) benchmarks. One of my favourite resources for SaaS benchmarking is The SaaS Napkin by Point Nine Capital.

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