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Concept7 min read

Burn Multiple

The Burn Multiple measures how much cash a startup burns to generate one dollar of new ARR. A lower number means more capital-efficient growth; a higher number means the company is spending heavily with little to show for it.

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Create a free account to read the full concept The Burn Multiple measures how much cash a startup burns to generate one dollar of new ARR. A lower number means more capital-efficient growth; a higher number means the company is spending heavily with little to show for it. Then practice it in a live AI case interview and get scored on 6 dimensions.

What's inside

  • Definition
  • Why it matters
  • Formula
  • Units & benchmarks
  • Key levers
  • Where it shows up in cases
  • How it's charted
  • Worked example
  • Common traps
  • Industry nuances

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