4 ms·
Burn Rate Doesn’t Matter
- pbreit 12y agoClick-bait headline aside, the learning here is that the whole point of a startup is to burn cash building an asset. That point is lost on many here who belittle the well-funded, money-losing enterprise. If you are not burning cash, that means you've run out of ideas (or ability) on how to effectively deploy resources.
- sjg007 12y agoWhat is interesting in the article is the 4 quadrant analysis that Thiel uses a lot in his book.