Eda, venture back start up t have a and what do you think is ideal? So what i see, on average, that they have is twelve to sixteen onths. And i think idealists you want to have twenty four months. I the is, it's the old model, factoring for regular businesses. There is so much money out there. You're not going to overcome that. If you're paying thirty six per cent interest for the year, you can find cheaper money,. Wonder if that would even include compounding... Ye. Thirty 6 per cent is like a very expensive credit card.
A low-burn rate gives startups the agility they need to succeed and weather unforeseen challenges. Two CEOs join Jason to discuss how founders can make the most of their limited capital. Ben Seidl of Neyborly covers managing burn rate (2:58), Lil Roberts of Xendoo shares the steps needed to maintain financial health, then Jason joins for a Q&A on how to create a slingshot business(48:48), the appropriate level of runway (55:02) & more.