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

Mike Maples Jr (Managing Partner @ FLOODGATE)
Ron Conway, Mike Maples Jr. – Angel Investing Revealed by Stanford eCorner | Free Listening on SoundCloud

Companies that have low burn rates buy themselves hugely better probabilities of getting lucky over time. You’ve gotta be willing to be not too formulaic about when it’s time to give up or be persistant.