Burn Rate
What
What
A page in progress (as all are). I created thi spage because there needs to be a conversation about burn rates at startups. So here is a start.
Read
Read
What is the Right Burn Rate at a Startup Company? (Mark Suster, 9/28/14). Top highlight from article: "Your value creation must be at least 3x the amount of cash your burning or you’re wasting investor value. Think: If you raise $10 million at a $30 million pre ($40 million post) that investor needs you to exist for at least $120 million (3x) to hit his or her MINIMUM return target his or her investor’s are expecting. So money spent should add equity value or create IP that eventually will.