Mike Salguero's previous startup CustomMade burned $500,000 monthly at its peak
Mike Salguero · How to build a $600 million company without raising money (with ButcherBox CEO Mike Salguero) · Jul 30, 2026 · at 6:01
ButcherBox CEO Mike Salguero details the burn rate and team size at his previous VC-backed company, CustomMade, before its marketplace model failed.
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“We had 60 people at our height. We were burning like half a million dollars a month. And just, you know, flooring it towards a wall that we kind of all saw.”
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