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The author of the post - partner at an investment vehicle that invests in startups - severely damages the credibility of this post to me. Burn rate may not be s
by the_watcher 12y ago
The author of the post - partner at an investment vehicle that invests in startups - severely damages the credibility of this post to me. Burn rate may not be something VC's care a ton about, in fact, one of the most common complaints I've heard about raising too much money is that the investors pressure you to spend it faster than you want or need to. For the startup, however, burn is one of the most important numbers to care about, since it determines how long you can live before needing to either raise more money or become profitable (or at least cash-flow positive).