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June 24, 2015 01:00 pm GMT
Nearly all startups use the same methodology to figure out when to raise their next round of capital. The founder projects the planned burn rate and estimates the day they will run out of cash. Then they subtract a margin for fundraising approximately four months from the date the company’s bank account will be empty, and declares the difference the fundraising-process start date. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/P1T4Sd2QsN0/
Running Out Of Money Isnt A Milestone
Nearly all startups use the same methodology to figure out when to raise their next round of capital. The founder projects the planned burn rate and estimates the day they will run out of cash. Then they subtract a margin for fundraising approximately four months from the date the company’s bank account will be empty, and declares the difference the fundraising-process start date. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/P1T4Sd2QsN0/
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