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There's a great book called 'The HBR Guide to Finance Basics for Managers', about 200 pages: https://hbr.org/product/hbr-guide-to-finance-basics-for-managers/a
by Maro 11y ago
There's a great book called 'The HBR Guide to Finance Basics for Managers', about 200 pages:
https://hbr.org/product/hbr-guide-to-finance-basics-for-managers/an/11185E-KND-ENG https://hbr.org/product/hbr-guide-to-finance-basics-for-mana...
It doesn't specifically address the terms in the OP, but it should be the starting point for non-MBAs (like myself) to start understanding basic Finance.
In my experience, if you're a co-founder and you don't understand basic Finance and let your Finance department do whatever it's doing you may be setting yourself up for trouble. The OP described the other case of simply saying non-sense because you don't understand the terms :)