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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

Even bigger is the desire to stick one’s middle finger up at all of the people who doubted you all along. Are we right in all of our assumptions and diligence? But I can tell you from my experience in due diligence that many who have actually seen the company’s plans have changed their minds and now believe.

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ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

TechCrunch LA

seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. But it’s here in the (other) Valley’s southernmost edge that investors have found a startup they consider to be the next potential billion-dollar “unicorn” that will come out of Los Angeles.

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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. Reviewing financial & operational performance. As You Start to Mature.

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Social Media Faking It – Cheaper Than You May Think, But Still Not Worth It

InfoChachkie

How much will social media fame cost you in 2014? He noted that, " Throughout the year I review my Twitter followers looking for bots, accounts that have been abandoned, or that are tweeting links with viruses and I remove them. For instance, Yelp calls out establishments which attempt to manipulate their reviews.

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13 Ecosystem Builders That Are Boosting Startup Growth

Tech.Co

Fortunately, the Startup of the Year program aims to make it easier for founders to connect with resources. In 2006, a passion to help startups grew into Tech Cocktail , a company whose mission was to showcased burgeoning companies in bars around the country. BlackTech Week (Miami, FL). The Case Foundation (Washington, DC).

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Interview with Mike Whitmire, CEO and Co-founder, FloQast

socalTECH

For today's interview, we sat down and talked with Mike Whitmire , the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. Mike tells us about the company, who uses its software, as well as how he was initially turned away from the Amplify.LA

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