Imagine a new business has six months of cash left. It expects to earn enough to cover its costs in eight months. Sales are growing, but the money could run out first.
startup
Imagine a new business has six months of cash left. It expects to earn enough to cover its costs in eight months. Sales are growing, but the money could run out first.
The rest of this one is in Curio Pro.
Source: paulgraham.com
Read the rest in CurioMystery, Smart Money and Startup Lessons are part of Curio Pro.