OpenAI is losing money on pro plans because people are using it too much ๐
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Rupesh Tiwari
In the Business of S...ย โขย 3m
Why does a startup fail?
1. Lack of Market Need
The product or service doesnโt solve a real problem or isnโt something people are willing to pay for.
Poor market research leads to misjudging customer demand.
2. Running Out of Money
Startups oft
Startups donโt die because they have bad ideas. Most die because they run out of money. And thatโs 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
Burn Rate vs Runway โ Know Before You Run Out
Itโs easy to raise funding and feel like youโve got time. But founders often forget how quickly money disappears. Burn rate and runway tell you how long your startup can actually survive.
Breakdown:
1๏ธ
Guysss... How to calculate the burn rate? like a initial startup... who's in initial stages... And a investor asking how much you need???
as our last post, a lot of you suggested some of the great ideas.... thanks for that... one of them was, burn