Startup Professionals Musings

OCTOBER 18, 2015

Kick your networking up a notch. Every geographic area has entrepreneur networking activities, such as 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?

Technical Review 120

Technical Review Entrepreneur Stock Options Silicon Valley 120

Tim Keane

DECEMBER 14, 2009

  A low burn rate is a pearl of great price.    It provides lots of options that high burn rates take away.    A low burn rate is a pearl of great price.    It provides lots of options that high burn rates take away.    Absolutely.

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

This is going to be BIG.

MARCH 1, 2010

People told me that it was unfair or too easy for me to raise angel capital because I was already tapped into a network of investors. Even after we got funded, it took us three months to hire our first two developers at our prior companies—and I consider us pretty visible and well-networked. That’s why recruiters make so much coin.

New York City 115

New York City New York Startup Burn Rate 115

VC Cafe

FEBRUARY 6, 2011

It’s likely that the investors don’t know you, so try and find warm intros from people in your network. R&D outside SV is normally cheaper, so it helps you keeping your burn rate low. Some startups are more interested in mentorship and network than they are in money. Network and talk to people.

Silicon Valley 104

Silicon Valley Startup Seed Stage Delaware 104

techcrunch.com

FEBRUARY 26, 2013

He knows how to advise entrepreneurs on hiring/firing, running teams, managing funding, when/how to control burn rate, and making other tough management decisions in the real environment of startups. Making all of the judgment calls that running a startup entails is where having the right advisors really matters.

Burn Rate 87

Burn Rate Hiring Engineer Entrepreneur 87

Startup Professionals Musings

MARCH 6, 2012

Start networking. Skip the recruiting agents who hover in these networks – they don’t usually represent you well, and often antagonize the startups with aggressive selling. Every area has networking events, like the NYC Tech Meetup , and organizations like the Silicon Valley Forum. What's the monthly burn rate?

Silicon Valley 246

Silicon Valley Burn Rate Startup Stock Options 246

Startup Professionals Musings

JUNE 18, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. Founders now routinely use their home to operate their startup until they are well into the revenue phase.

Cost 255

Cost SEM Burn Rate Startup 255

Startup Professionals Musings

JANUARY 4, 2011

Start networking. Skip the recruiting agents who hover in these networks – they don’t usually represent you well, and often antagonize the startups with aggressive selling. Every area has networking events, like the NYC Tech Meetup , and organizations like the Silicon Valley Association of Startup Engineers.

Silicon Valley 227

Silicon Valley Burn Rate Startup Stock Options 227

Startup Professionals Musings

FEBRUARY 15, 2011

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. Founders now routinely use their home to operate their startup until they are well into the revenue phase.

Entrepreneur 235

Entrepreneur SEM Burn Rate Social Network 235

Steve Blank

JUNE 1, 2011

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. From a founder’s point of view there are three reasons for board meetings.

Silicon Valley 301

Silicon Valley Business Model Venture Capital Balance Sheet 301

Steve Blank

JUNE 1, 2011

3) An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup’s life are burn rate and cash balance. From a founder’s point of view there are three reasons for board meetings.

Silicon Valley 274

Silicon Valley Business Model Venture Capital Balance Sheet 274

philipsmith.typepad.com

SEPTEMBER 24, 2011

a year burn rate and your equity is worthless due to numerous recapitalizations and bridge loans from investors then either you don't get it or I'm stupid to do it. Someone in my network forwarded an email to me from a recruiting firm that is quite active in the Valley. The second example came along just this morning.

Silicon Valley 40

Silicon Valley Equity Technical Review Recapitalization 40

Both Sides of the Table

JUNE 17, 2017

They don’t want high burn rates but they will never fund slow growth. Company 2 might represent an “ad mediation company” where the company gets paid by ad networks for running ads on publisher websites and the company in turn must pay the publisher 85% of the revenue it collects.

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Gust

JUNE 10, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. Founders now routinely use their home to operate their startup until they are well into the revenue phase.

Cost 139

Cost SEM Burn Rate Startup 139

Professor VC

NOVEMBER 14, 2011

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

SEC 54

SEC San Jose Angel Investor Accredited Investor 54

Startup Professionals Musings

FEBRUARY 13, 2010

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. Founders now routinely use their home to operate their startup until they are well into the revenue phase.

SEM 125

SEM Burn Rate Social Network Angel Investor 125

YoungUpstarts

MARCH 30, 2018

This area of San Francisco means you’ll be rubbing shoulders with your colleagues, and you might just network yourself into a deal that can help your business. Though you can expect any startup to have a burn rate at first, it should lessen with each quarter. It even has a TV show named after it, remember).You’ll

Silicon Valley 133

Silicon Valley San Francisco Founder Burn Rate 133

Professor VC

JULY 22, 2009

The burn rates of my portfolio companies is certainly top of mind right now, but thats not what this post is about. Since Im not a fan of any of those genres, I have been looking forward to the release of his latest work, Burn Rate. Don't Stop Believin' Is There Any Truth in "The Social Network"?

Burn Rate 28

Burn Rate Silicon Valley San Jose Angel Investor 28

Professor VC

SEPTEMBER 26, 2011

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Technical Review 38

Technical Review Early Stage San Jose Angel Investor 38

View from Seed

AUGUST 16, 2016

This is especially crucial given that the 18-month timeframe is a bit circular — a founder can always just take whatever amount she closes and divide by 18 to determine what her monthly burn rate should be. However, this is where the model becomes so important.

Seed Capital 120

Seed Capital Burn Rate Seed Stage Networking 120

YoungUpstarts

JUNE 17, 2019

Startups are regarded for their embrace of industry disruption, all the while constantly trying to limit their burn rate and conserving their capital for future growth. Their compelling format encourages users stay until the end of the content, and their results encourage shareability on social networks.

Marketing 147

Marketing Startup Burn Rate Advertising 147

Professor VC

MARCH 10, 2009

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Angel Investor 28

Professor VC

MAY 29, 2008

The ACA is an interesting organization and is providing support in a number of ways to its member angel groups, from public policy, networking, sydnication, and best practices. Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1).

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

Startup Professionals Musings

APRIL 23, 2016

Extend network through startup organizations. Despite the Internet, networking is still a person-to-person activity. Be prepared to ask some hard questions, including current traction, burn rate, and runway before the next cash infusion. Make a list of questions to validate viability.

Startup 120

Startup Burn Rate Cofounder Salary 120

Both Sides of the Table

MARCH 30, 2016

Word travels at light speed amongst this small network of people who all know each other and even though they’re rivals they also sit on boards together and many probably went to business school together. We had grown into a more reasonable burn rate so raising capital meant we would have many years of cash on the balance sheet.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Professor VC

JANUARY 27, 2011

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ▼ January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Professor VC

APRIL 7, 2011

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Professor VC

APRIL 1, 2010

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ▼ 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Professor VC

JANUARY 27, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

San Jose 28

San Jose Technical Review Angel Investor Venture Capital 28

VC Cafe

APRIL 27, 2011

VCs should aim to provide comprehensive data to their portcos on industry benchmarks, burn rates, market research, competitive analysis, etc. Facilitate networking – host monthly or bi monthly roundtables for your companies and entrepreneurs. Create events around guests arriving from abroad or experts in a vertical area.

Venture Capital 90

Venture Capital Differentiation Incubator Angel Investor 90

Professor VC

FEBRUARY 26, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

Professor VC

DECEMBER 18, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Silicon Valley 28

Silicon Valley San Jose Technical Review Angel Investor 28

ReadWriteStart

JULY 9, 2023

When you get funding, you need to monitor the burn rate in order not to go bankrupt or understand if you need to raise more money. Figure them out, monitor them regularly, and compare the ongoing period with the previous ones to see if you are growing, declining, or stuck.

Intellectual Property 122

Intellectual Property Startup Burn Rate Metrics 122

Professor VC

FEBRUARY 12, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

Professor VC

NOVEMBER 13, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Oregon 28

Oregon San Jose Angel Investor Silicon Valley 28

ReadWriteStart

JUNE 13, 2011

An experienced board brings an extensive network of customers, partners, help in recruiting, follow-on financing, etc. The only numbers in those documents that are important in the first year of a startup's life are burn rate and cash balance. It's an obligation that came with the check. What's Wrong With a Board Meeting?

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Professor VC

JANUARY 17, 2008

Don't Stop Believin' Is There Any Truth in "The Social Network"? A Lot of Horn Tooting over a Kazoo sized deal. ► January. (1). How Much Diligence is Due. ► 2010. (7). ► October. (2). ► September. (2). Are DEMO's days numbered? Angie's List or AngelList? ► July. (1). Do you have a U.S.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28