What’s the best way to manage your burn-rate?

Mark Suster (Managing Partner at Upfront Ventures)
So What is The Right Level of Burn Rate for a Startup These Days? | Bothsides of the Table

It is also impossible to tell you the right burn rate for your company without knowing your risk tolerance. Quite simply – some people would rather “go hard” and accept the consequence of failure if they don’t succeed. Other people are more cautious and have a lot more at stake if the company doesn’t succeed (like maybe they put in their own money or their family’s money).