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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Startup 92
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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Startup 92
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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Startup 48
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How to Find and Hire a Developer

Tech Zulu Event

At Silicon Beach Fest Hollywood 2012 Kevin Winston organized a panel called “How to Find and Hire a Developer”. Always have a developer do a test project before hiring them to make sure they deliver quality work. This will prove your product is worth building to you and to the developer. Ask for is code samples.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

Developments Blog. See a sample reprint in PDF format. CODE=DJII-DJN SYMBOL=FB CODE=DJII-DJN SYMBOL=GOOG CODE=DJII-DJN SYMBOL=I/DRG CODE=DJII-DJN SYMBOL=I/HOM CODE=DJII-DJN SYMBOL=I/ISV CODE=DJII-DJN SYMBOL=I/MED CODE=DJII-DJN SYMBOL=M/TEC CODE=DJII-DJN SYMBOL=MDA.T Commercial.