Don't Cry For Me New Economy
News A recent report from PricewaterhouseCoopers suggested that cash burn was the key metric to watch, to predict which Net company would go under next. There may be good reason why it is necessary to invest now, and not turn a profit in the short or...
[May 31, 2000, 7:11]
Activation Problems Hit Palm.net
News Although Palm was already expected to burn through half its cash, some analysts now question whether it might run out of money as soon as November. Last week, Palm chief financial officer Judy Bruner would not provide a direct answer as to how...
[May 22, 2001, 15:03]
US Dot-coms Going Bankrupt Faster Than Europeans
News The PricewaterhouseCoopers Internet 150 report, published last week, showed the average burn rate for European startups to have significantly decreased since last December. Startups became concerned about raising additional finances later on, and...
[October 4, 2000, 14:54]
Ebookers Still Travelling The Path To Profitability
News Its cash burn rate is expected to fall below £1m a month in the second half of this year, making Ebookers confident that it is still be on track to become cash flow positive by Q1 2002 if not by the end of this year.
[April 30, 2001, 14:26]
The Day Ahead: Dot-coms Latest Survival Tactic Is Relocation
News PlanetRX, which operates a distribution centre in Memphis, said it will cut its cash burn rate by 50 percent simply by moving. If the dot-coms weren't so foolhardy with their cash last year, they would have saved themselves a lot of pain.
[August 31, 2000, 11:46]
Palm Sales Down - And Up
News Benhamou added that Palm significantly reduced its cash burn rate and that inventory channels were at six weeks, down from almost 16 weeks three quarters ago. Palm ended its second fiscal quarter with $241m in cash and cash equivalents, compared...
[December 20, 2001, 12:13]
The Music May Be Over For CDNow
News CDNow has previously said it plans to reduce quarterly operating expenses by $10m to $12m, with an ongoing quarterly cash-burn rate of less than $15m. According to its annual report filed late Tuesday with the Securities and Exchange Commission...
[March 29, 2000, 15:41]
The Day Ahead: Behind Juno's Earnings Slip
News Juno followed up with its actual results Thursday morning and gained 9 percent on news it would cut its cash burn rate dramatically. Several customers in both our optical fibre and photonic technologies businesses have recently indicated that their...
[January 26, 2001, 13:49]
Nokia Takes Stake In Redback Networks
News We believe the company will need the cash to service its debt and burn rate," said Richard Church, an analyst at equity research firm Wachovia Securities. The financial part of the deal will help Redback out of its current cash crunch and improve...
[May 22, 2002, 17:26]
TiVo Revamps Business Plan, Sheds Workers
News The company also expects to reduce its cash burn rate by approximately $60m (£37m) for its current fiscal year, which should eliminate the need for the company to look for additional funding. Digital video recorder company TiVo announced new...
[April 6, 2001, 7:53]
Would You Work For An Internet Start-up Now?
News Cash burn rate" was a common term in the high-flying days of Internet start-ups. Internet companies, or dot-coms, were supposed to be the next wave in business. We all heard how these new companies with new ways of doing things would change how we...
[September 11, 2002, 10:02]
