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Burn Rate Doesn’t Matter

8 pointsby eknight15about 10 years ago

2 comments

pbreitabout 10 years ago
Click-bait headline aside, the learning here is that the whole point of a startup is to burn cash building an asset. That point is lost on many here who belittle the well-funded, money-losing enterprise. If you are not burning cash, that means you've run out of ideas (or ability) on how to effectively deploy resources.
sjg007about 10 years ago
What is interesting in the article is the 4 quadrant analysis that Thiel uses a lot in his book.