Burn rate - The rate at which a company is spending its cash reserves.The term is associated strongly with dotcom companies, many of which have been launched with venture capital money and in some cases have raised more money by coming to market via a new issue, but few of which have revenues anywhere close to their monthly outgoings.Boo.com, the online fashion retailer that went spectacularly bust in mid-2000 extended new reach to the burn rate measurement. In 16 months it went through Ј91 million put up by investors.
Burn rate : the rate at which a company is spending its cash reserves.the term is associated strongly with dotcom companies, many of which have been launched with venture capital money and in some cases have raised more money by coming to market via a new issue, but few of which have revenues anywhere close to their monthly outgoings.boo.com, the online fashion retailer that went spectacularly bust in mid-2000 extended new reach to the burn rate measurement. in 16 months it went through Ј91 million put up by investors.
Burn rate