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Net Burn

topic on 2 shows · 3 statements across 3 episodes

Top Founders 20VC

3 statements about Net Burn, every show

TOP FOUNDERS Assertion Not checkable as stated
Allison: Evotix Monthly Net Burn Is Closer to $100K Than $1M
“Oh, oh, closer to a hundred grand than the million.”
Matthew Allison Jan 17, 2023 ▶ 13:29 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
20VC Assertion Supported
Olo went public with $122M ARR and $6M net burn
“When this company went public, it had a net burn of just six million dollars and an ARR of one hundred and twenty-two million dollars.”
Harry Stebbings Apr 29, 2022 ▶ 0:12 20VC: Scaling to $122M ARR IPO with $6M in Net Burn, Olo. The Ultimate Journey of Capital Efficiency, What Worked, What Did Not Work and How Leaders Need To Reshape Thinking Around Resource and Attention Allocation
TOP FOUNDERS Assertion Not checkable as stated
Abbott: Ninety.io burns between $50,000 and $100,000 per month
“Somewhere between 50 and a hundred.”
Mark Abbott Oct 25, 2020 ▶ 6:39 Ninety.io Used Community to Hit $2.8m Run Rate, Bootstrapped

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