Startup Burn Rate Calculator

June 28, 2008

Mike Speiser’s blog with the awesome subtitle of “Free Ideas. Just Add Execution”, has a great post titled, “Optimal startup burn rate and the Kelly criterion” that is definately worth a read ~ especially to my friends running small software driven startups. I am adding Mike’s blog to my reader. I suspect I will be talking about him and his ideas in the future. Here is the formula: