But the limits of Y Combinator’s model remain unclear. A typical young tech company should be spending a little less than $40,000 a month, says Seth Levine, a venture capitalist at Foundry Group. Y Combinator gives companies a fraction of that, leaving entrepreneurs “eating ramen and not paying themselves,” he says. And 6% is a…
As promised – a few thoughts on StartupWeekend now that I’ve had a chance to both get over my disappointment that we didn’t release anything on Monday morning and more importantly time to think about what worked and what didn’t work last weekend. There seems to be no lack of opinion on the subject (see…
i wouldn’t recommend doing this to your wheel. the fall (over my handlebars and very fast, but off the trail and at least not on top of any rocks) was not nearly as painful as the walk to the car (about 4 miles and with my bike on my back – at least it was…
Just over 48 hours ago 72 people came together in Boulder Colorado to see if they could come up with a business idea and launch by midnight Sunday. We started Friday night with a handful of ideas . . . winnowed the list down to the top 3 favorites . . . and picked one…
I don’t know much about your business but I’d guess that you’re burning too much cash. Ok – that’s an over generalization but it’s also probably true. Businesses – and particularly early stage businesses – have some kind of gravitational pull towards spending too much money. Some of this is just the nature of entrepreneurship…