Startup Shuts Operation on 1 day notice
It's gonna be long thread.
I have been working as lead engineer in a early stage startup since last one year.
Founder (20 years exp in Product Management) raised some money from friends & family to start
Atleast one year runway for all expenses of founding team and have buffer for additional hiring which may happen alongside.
And right time to start prepare for or switching to another company would be when you know only 6 months runaway is left
A platform where any person can share his salary and if he shares his monthly expenses, then the system will prepare his monthly saving and investing budget for him by the use of data analyst and ai
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
Struggling to budget your rent? A good rule of thumb is to keep your rent at **30% of your monthly income** or less. This ensures you have enough left for savings and other expenses!
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mg
News & updates • 14d
Burn Rate vs Runway – Know Before You Run Out
It’s easy to raise funding and feel like you’ve got time. But founders often forget how quickly money disappears. Burn rate and runway tell you how long your startup can actually survive.
Breakdown:
1️
Keith Rabois: “I tell founders not to worry about runway. Worry about lift.”
Runway (money/time left) is just a tool to achieve lift (traction & growth).
But if extra runway doesn’t help you hit traction, it’s useless.
Don’t raise funds just to “
Doodhwala, an Indian startup for milk and grocery delivery, failed due to several critical missteps. The company faced persistent 𝐧𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰, with expenses exceeding revenues due to high operational costs and excessive marketi
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Mitsu
extraordinary is jus... • 11d
One of the best tactics to stay ahead in the AI age is to force yourself to use it for literally anything you can.
If you aren’t using it for atleast 2-3 hours a day you will be one of the ones left behind
Hello everyone,
I have just passed my 12th with PCM. I appeared for the JEE exam but, unfortunately, didn’t qualify. Now, I’m confused about what to do next. Should I take a drop year to prepare for JEE again, join a reputed private college, or consi
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Vivek Joshi
Director & CEO @ Exc... • 1m
💡 How to Calculate Your Funding Requirements
Do not Raise too little or too much! Ways to strike the right balance:
1️⃣ Identify Key Milestones
Example: Launching a new product, acquiring 1,000 paying customers, or expanding into a new market.
2️
I need advice please.
I wasted an year for ipmat and didn't study. Now only 1 month is left. I don't feel I can do anything in my life. I will not give cat because of the competition and also because I won't have a good profile. I need your advices