What would you do if you had $1,000,000?
Some companies have a simple answer to that question. Spend it all. Every single day. At least this is the approach adopted by the two companies profiled on this episode of Data Point of the Week.
These two companies were both founded in the same city at around the same time, and enjoyed high amounts of investor interest, and spent loads of cash in pursuit of growth. The only difference: One is alive and well and the other is dead as a doornail.
Find out what separates these two companies and why some successful startups (think Hubspot, Uber, Box) can burn through tons of cash and still come out on top. Pull out your calculators, we’re going to crunch some numbers and get to the bottom of burn rate and unit economics. This is DPOW!