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YC

Y Combinator Cast

04/28/17

@ Y Combinator

Founders should know key metrics like cash position and burn rate to communicate effectively with investors.

Video

YC

Legal and Accounting Basics for Startups with Kirsty Nathoo and Carolynn Levy (HtSaS 2014: 18)

@ Y Combinator

Legal and Accounting Basics for Startups with Kirsty Nathoo and Carolynn Levy (HtSaS 2014: 18)

04/28/17

Related Takeaways

YC

Y Combinator Cast

02/13/25

@ Y Combinator

Investors can help guide startups by encouraging transparency about financial metrics like runway and burn rate, which are essential for maintaining focus and discipline.

TB

Tom Blomfield

12/16/23

@ Y Combinator

Include burn rate and runway in investor updates; these metrics are crucial for understanding your startup's financial health.

MS

Michael Seibel

04/01/22

@ Y Combinator

Successful founders know their metrics intimately, discussing them with precision rather than vague estimates.

TB

Tom Blomfield

12/16/23

@ Y Combinator

It's impressive when founders can fluently discuss key metrics like daily active users or annual revenue per user, as it shows they are in command of their metrics.

DC

Dalton Caldwell

10/23/24

@ Y Combinator

Burn rate refers to the amount of money a startup spends each month; it's crucial for founders to monitor this to ensure they don't run out of funds, even if they have high revenue.

BF

Brad Flora

02/13/25

@ Y Combinator

Founders should communicate transparently with stakeholders about spending, especially after raising significant funds, to avoid misallocating resources.

YC

Y Combinator Cast

02/13/25

@ Y Combinator

It's crucial for founders to be honest with themselves about their spending and revenue expectations, as unrealistic assumptions can lead to financial failure.

YC

Y Combinator Cast

05/07/22

@ Y Combinator

It's crucial for founders to recognize when they are in a precarious financial situation and to act quickly to assess their runway and make necessary adjustments.

YC

Y Combinator Cast

02/13/25

@ Y Combinator

Many startups fail because they don't communicate effectively with their investors, leading to a lack of awareness about their financial status and spending mistakes.