Ibrahim: Startup burn rates became secondary during 2009–2015 tech growth
Maha Ibrahim · 20 VC 031: Investing in Gaming, Luxury Goods and Disruption with Maha Ibrahim, General Partner @ Canaan Partners · Apr 27, 2015 · at 3:13
Maha Ibrahim, General Partner at Canaan Partners, reflects on learning fiscal discipline during the dot-com crash versus the lax attitude toward burn rates in the 2009–2015 bull market.
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“It was a very slow five years but on the other hand, I got to see what it meant to have companies close down, and companies really have to concern themselves with expenses, and burn rates, and all of that yummy stuff that Is less of a concern these days as things have been going up and to the right for the past five or six years.”
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