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When entering an unfamiliar society, it is wise to learn the local customs, the unspoken rules, and the names of its heroes, villains, and gods.

Everyone tells you that you need a startup logo, but nobody tells you how to make one. They just throw you to the metaphorical wolves, leaving you to learn the hard way about a whole universe of design terminology and tactics.

As the U.K. began negotiating its so-called Brexit from the European Union on Monday, Germany's startup ecosystem is getting a major nod in the form of one of the year's most anticipated IPOs, Delivery Hero.

What happens when everything falls apart and you lose it all? These very successful entrepreneurs and members of The Oracles, who have all started from scratch more than once, explain what they would do next if they lost it all again.

Big news emerged from M&A land earlier this morning, when travel search giant Skyscanner revealed it had been acquired by one of China’s biggest online travel companies, Ctrip, in a deal worth £1.4 billion (USD$1.74 billion).

Transcriptic, a biotechnology startup that’s setting out to reinvent how biological research is carried out, has raised $13.4 million in a new round of funding led by Data Collective, with participation from new investors Digital Science and WuXi AppTec. Other existing investors also contributed to the round, including AME Cloud Ventures.

Russian lending platform Blackmoon has raised $2.5 million in funding from Target Global, A&NN Group, Flint Capital, and a number of unnamed private investors.

Startup Losses and Cash Burn

“Cash burn” can be defined as the amount of money that is committed to be spent each month, irrespective of whether or not a business is generating any cash flows. For a pre-revenue startup, this would be equal to your total monthly costs and for a post revenue startup, this would be the total expenses minus the amount the business is earning each month – till of course, the business turns profitable. These expenses are for basic necessities such as salaries, rentals, utilities and communication costs as well as for expenses of a capital nature such as business build out and fixed assets.

Raising the right amount of capital from the correct investor is perhaps one of the most crucial tasks for an entrepreneur. Analogous to matrimony, while finding the right investor would ensure the longevity of the enterprise, a wrong match may provide to be completely detrimental for your business.