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Prehistoric Steve Jobs Introduces The New Apple iRock Tablet [cartoon]

Posted by Dharmesh Shah on Wed, Jan 27, 2010

 


Though it's easy to get caught up in Apple's new tablet announcement, let's not forget the original idea that sparked the whole thing.  It's the iRock -- it transformed how people chiseled.

onstartups irock cartoon



Article has 18 comments. Click To Read/Write Comments

Why Raising Venture Capital Requires Helmets and Shovels [cartoon]

Posted by Dharmesh Shah on Fri, Sep 18, 2009







Article has 7 comments. Click To Read/Write Comments

Burning Cash Is For Toasting Marshmallows [cartoon]

Posted by Dharmesh Shah on Mon, Aug 10, 2009



onstartups burning cash

I’m going to go on a bit of a rant here.

I’m miffed that the industry term for the process whereby  startups invest in building their businesses is called “burning cash”.  If your startup is burning cash (as shown in the cartoon above), you’re doing it wrong.  You should’t be burning money, you should be investing money — with the goal of growing your business.

I find it interesting that when venture capitalists (VCs) take money from their limited partners (LPs), they don’t say:  Hey, we’re going to take your money and go burn it on a bunch of different startups.  Why?  Because that’s not what they do (not the good ones anyways).  What they do is invest the cash in the hopes of generating a good return.

So, I’m going to ask that all startups that have raised funding to no longer use the term “burn rate”.  Instead, lets call it what it is (or should be):  An investment rate. As in "our startup has an investment rate of about $400k/month".

Oh, and if you really are burning cash, please start using smaller bills. 



Article has 63 comments. Click To Read/Write Comments

New Google Chrome OS Runs On Your Car Bumper [cartoon]

Posted by Dharmesh Shah on Fri, Jul 10, 2009

 


 onstartups google chrome os

 Did you like the cartoon?  Tweet it to your friends. TweetIt from HubSpot

 



Article has 4 comments. Click To Read/Write Comments

Flat Is The New Up: Introducing Hockey Stick 2.0 [cartoon]

Posted by Dharmesh Shah on Thu, May 28, 2009



onstartups hockey stick 2.0

Did this tickle your funny bone? Please tweet it. TweetIt from HubSpot



Article has 44 comments. Click To Read/Write Comments