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Ronald A. Klain, the chief of staff for Vice President Joseph R. Biden Jr. and a backer of the loan, told Valerie Jarrett, a presidential adviser, in a May 24, 2010, e-mail, "they are burning capital, perhaps a bit fast, and are dependent on a break or two to be viable outside of the 18-24 month window".
For now, Topsy is burning capital as it scales, while declining to talk customer numbers, revenues or even percentage growth.
Unlike some of the previous merger deals, competition wasn't weighing down on either companies and neither was burning capital at crazy rates.
For although Tolstoy's epic novel is about love, it is also the dramatic story of Napoleon's advance on Moscow and what it felt like to be part of a Russian family, packing up and fleeing the burning capital.
We think this can cause bad behavior in companies, so we're cognizant of trying to find businesses that can be capital efficient or are burning capital in a way that's commensurate with strong unit economics.
Features sirens and high tension – the perfect song for a revolution run in the burning capital.
Similar(53)
In the final months before Netset folded in October 2000, the would-be e-commerce moguls sent out e-mail messages to New York Netset customers and people on party lists from the first dot-com boom, when there was an event nearly every night for digital workers eager to relax after a hard day burning venture capital.
It's said to be profitable, unlike some other players in the space that are still burning venture capital.
How can I do this?" You could also talk about resource allocation, and ask for advice on how to grow your business faster without burning more capital.
Gupta told us that it has kept margins low and is "close to profitability" thanks to its thrift — that's in stark contrast to India's most prominent internet startups, which are burning through capital.
Not able to raid the center of American commerce, the British contented themselves with burning the capital, which was still mostly under construction.
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