Hey I am on Medial • 1y
Yup. Can be. Needs a lot of cash tho. Upfront. Burn for free years hoping it might pick up. Then look for foreign markets. Aggressively market there, some try, feel its incomplete because of apple and amazon and googles of the world have literally captured this whole market. Ultimately shut down.
Venture Capital Focu... • 7m
Startups don’t die because they have bad ideas. Most die because they run out of money. And that’s exactly why understanding Burn Rate and Runway is crucial. Burn Rate is the amount of money a startup spends every month to operate salaries, rent, ma
See MoreCalm mind. Precise h... • 1m
The startup owner's manual (Part 3) Business Model Planning: Channels Hypothesis For physical products, this includes a description of how the product gets to the customer. Think about the suitability of channels for your product, and the authors r
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