Turned Slow Burn Rate into a Big Exit

Turned Slow Burn Rate into a Big Exit

A conservative, cost-conscious approach to spending into a hallmark of Location Labs’ culture. For the many startups trying to do the same thing today, the low-burn strategy that not only yielded a huge return, but made the company stronger in the process.

In those early days everyone needs to be a market tester. Everyone should be building, testing or selling

http://firstround.com/article/This-Founder-Turned-a-Slow-Burn-Rate-into-a-Big-Exit

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