#Startups

Burn Rate

Burning a lot of money every year statistically reduces your chance of succeeding as a company
Firms that burn up $1bn a year are sexy but statistically doomed
www.economist.com
Five outliers - Chesapeake Energy, Netflix, Nextera Energy, Tesla and Uber - have collectively lost $100bn in the past decade
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Atari84 · Flipkart
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