by Tom Ruginis | Dec 13, 2016 | Startup life |
As 2016 draws to a close, we look back on two and half years of Perlara spending. Let’s begin with burn rate. This figure shows our monthly burn since first cash inflows in April 2014: In 2014, we completed model validation and assay development for our lead discovery...
by Tom Ruginis | Feb 19, 2016 | Startup life |
As a Public Benefit Corporation, transparency is a common thread tying our missions together. From the outset we decided to share PLab financial data. You can find previous disclosures from H1 2015 (here) and Q3 2015 (here). Below are details about our burn rate from...
![The value of a Virtual Lab Manager]()
by Tom Ruginis | Nov 10, 2015 | Startup life |
Back in 2014 when PLab was first funded, one of the first hires wasn’t an employee, but a contractor….HappiLabs. Bootstrapping their way into existence, HappiLabs provides a service called the Virtual Lab Manager, specializing in purchasing lab supplies...
![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Oct 11, 2015 | Startup life |
At Perlstein Lab, we’re interested in sharing our experiences so other young biotech companies can learn from us. We like to share our financial information to give you an idea of how and where we spend our money. If you plan to start, or are currently running a...
![Perlstein Lab Burn Rate 2015 (Q1-Q2+May)]()
by Tom Ruginis | Jun 14, 2015 | Startup life |
Previously, we highlighted Perlstein Lab’s burn rate from 2014. We’ll revisit that post and discuss our expenses for January through May 2015. We aim to give guidance to new entrepreneurs and ideas to existing biotech companies. We may not make the best decisions, but...
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