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- Fortune: Collapse of the E-Universe
"Forget B2B or B2C. The most important term for dot-coms today is 'burn rate': how quickly a company is going through its cash on hand." Article and full-color chart. (2/5/01)
- Burn Rate: How I Survived the Gold Rush Years on the Internet
Web companion to the book by Michael Wolff. Excerpts, reviews, and an interactive index to the book.
- Internet Analyst: Dot-Coms Are Still Being Singed by Their Burn Rates
"A study that Pegasus Research recently conducted ... examined an expanded universe of 339 Internet companies and found that over 80% of the companies or 273, were operating with negative cash flows." (10/5/00)
- InternetNews: Internet Companies Rapidly Consuming Cash
"According to the Pegasus Burn Rate Scorecard, Internet companies are burning substantial amounts of cash and a number of businesses are in danger of running out within 12 months." (10/2/00)
- New York Magazine: Dot-Com Bomb
Michael Wolf writes, "We've all been waiting for the next Great Web Wipeout. But the Orwellian technology geeks never imagined the fuse would be lit by an old-media magazine article." (5/00)
- Red Herring: Burn, Baby, Burn
"The average burn rate per startup has gone from half a million dollars a month three or four years ago to somewhere between $1 and $2 million a month today. As a result...venture partnerships are forced to raise new funds inside of 12 months." (6/00)
- Village Voice: This Electronic Life
"Along with editorial quality, Salon and APB have one big thing in common: an uncontrollable burn rate. According to published estimates, APB spent $1 million to $2 million a month, and Salon is spending $5 million per quarter." (6/16/00)
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