This post is part of my series, where I will be writing five days a week on top 3 things I am learning related to VC, startups, social media, etc.,
May 23, 2017
Burn rate is how quickly a startup is spending money. It’s a measure of negative cash flow. Basically, it shows how fast a company is losing money. To calculate gross burn rate (company’s total costs):
[ ($) total amount spent month B - ($) Total amount spent month A ] / ($) Total amount spent month A X 100 = (%) Gross Burn Rate
If you want to learn more, check out Burn Rate 101: How to Calculate and Understand Burn Rate.
Inbound Deals- Deals come from people you know or from the website.
Outbound Deals- You are actively reaching out to get deals.
If you don’t know what tulip bubble means go read this ASAP. It is about how and why tulips rose and fell in popularity.
Sign up for the newsletter to get posts directly into your inbox .