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We Hosted A "Shark Tank" For Tech Startups | My First Million Demo Day
My First Million
Is There a Chance That He Misunderstood the Pitch?
Timothy Stanley: If I knew nothing as much business, I would say here's a business that has burned $1.8 million to achieve 200 customers and 50,000 of revenue this year. That's the harsh truth about like the business. Now, that doesn't make you don't invest. There might be tons of other reasons why that that burn was on infrastructure, building product, building a brand,. There are other reasons, but just sort of objectively speaking, that would be my main issue.
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