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https://medium.com/@DanielleMorrill/is-my-startup-burn-rate-normal-882b2bd20f02 https://medium.com/@DanielleMorrill/is-my-startup-burn-rate-...
by presty 11y ago
https://medium.com/@DanielleMorrill/is-my-startup-burn-rate-normal-882b2bd20f02 https://medium.com/@DanielleMorrill/is-my-startup-burn-rate-...
- 7Figures2Commas 11y agoThis company's burn rate is over $400,000 now according to http://mattermark.com/how-we-spend-money-at-mattermark/ http://mattermark.com/how-we-spend-money-at-mattermark/.
- btown 11y agoIt's abnormally risky to raise only enough money for 17 months of runway. I wish Mattermark the best, but this level of burn is not the most confidence inspiring.
- dmor 11y agoFrom what we understand from investors, it is actually pretty typical to raise enough money for 18 months of runway. Additionally, we still had ~1.5m in the bank when we raised. I will certainly report back on how it goes though!