by Tom Ruginis | Dec 13, 2016 | Start-ups |
As 2016 draws to a close, we look back on two and half years of Perlara spending. Let’s begin with burn rate. This figure shows our monthly burn since first cash inflows in April 2014: In 2014, we completed model validation and assay development for our lead discovery...
![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Oct 11, 2015 | Start-ups |
At Perlstein Lab, we’re interested in sharing our experiences so other young biotech companies can learn from us. We like to share our financial information to give you an idea of how and where we spend our money. If you plan to start, or are currently running a...
![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Jun 14, 2015 | Start-ups |
Previously, we highlighted Perlstein Lab’s burn rate from 2014. We’ll revisit that post and discuss our expenses for January through May 2015. We aim to give guidance to new entrepreneurs and ideas to existing biotech companies. We may not make the best decisions, but...
![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Feb 6, 2015 | Start-ups |
Tracking expenses by the day and month is critical to estimating your runway as a startup. Unfortunately, scientists are not fully trained to manage finances in a lab. In academia, most of operational duties are handled by the university, and therefore, scientists...
