7 ms·
Nothing saves a company like cash in the bank, but nothing kills a company like increased burn due to raising followed by the inability to raise the following r
by gkoberger 10y ago
Nothing saves a company like cash in the bank, but nothing kills a company like increased burn due to raising followed by the inability to raise the following round.
- mwseibel 10y agoYes!
- pbreit 10y agoBurn is 100% in company's control, fundraise 100% out.
- AstralStorm 10y agoNot true. Certain people have connections and experience as well as reputation to raise money much more easily.
- pbreit 10y agoMaybe more easily but ultimately 100% someone else's decision. Whereas spending is 100% in company's control.