Petri Kajander

EpisodePurpose 'n Clarity

Does this burn rate look good on me?

18 July 20222 min listen
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The answer you know without asking but dare not to address.

TranscriptYouTube's automatic captions · 1:07

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0:03 Welcome to business purpose and clarity with petri I'm your host we talk about startup life insights practical tips mistakes failures and everything between you know that type of question where if you have to ask the answer is usually no it's like do I look fat on this shirt and the one who is supposed to answer is really in trouble because either you well you know what I mean I don't even go if your costs are two times four times five times higher than your monthly recurring revenue and your runaway is really short we own a downturn it's harder to get new funding it's that kind of question you may have a little bit of trouble additional funding if you are.

1:07 Burning so much money and your are barely making a dent on those investors are not really that happy at this point if you don't have like 12 18 months of a run away I would be really cautious that question that does this cost structure oh my burn rate look good on me maybe you already are in trouble because you need to ask that question.

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