Burn Multiples and Market Timing
David shares his insights on burn multiples, highlighting that a burn multiple less than one is amazing while a burn multiple greater than three is suspect. He also discusses the importance of market timing and keeping burn low to ensure survival in emerging markets such as AR VR and crypto.In this clip
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20VC
20VC: Craft Ventures’ David Sacks on How To Assess Founder Psychology, How To Accurately Evaluate CAC, Burn and Churn & What Makes The Very Best Startup Boards
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