Both Sides of the Table
SEPTEMBER 28, 2014
Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.
Both Sides of the Table
SEPTEMBER 2, 2009
He’s been at it since 2005. The net effect for [my company] for example is we are now doing reasonably well. I founded it in 2005 at the age of 37. I believe this is wrong. Let me start with a couple of stories. A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal.
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Both Sides of the Table
SEPTEMBER 19, 2017
30% of all real income growth in 2005–2015 was from Latinos (U.S. Latinos drove 69% of total net increasing in U.S. Latino purchasing power will reach $1.7 trillion in 2020 (U.S. Census), surpassing total expenditure of even the much sought after Millennial population. Advertisers, wake the f**k up. home ownership in 2015 (NAHREP).
Startup Professionals Musings
OCTOBER 30, 2021
In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has nearly 3 billion users worldwide.
Startup Professionals Musings
AUGUST 6, 2013
In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has about 400 million users worldwide.
Startup Professionals Musings
MARCH 26, 2011
In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has about 400 million users worldwide.
Startup Professionals Musings
JANUARY 12, 2019
In 2005, Facebook still showed a yearly net loss of $3.63 Facebook - Mark Zuckerberg, while attending Harvard as a sophomore, concocted “Facemash” in 2003 to get a lost girlfriend off his mind. He later changed the name to Facebook. But within five years it became an overnight success, and now has nearly 2 billion users worldwide.
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