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I found this comment interesting A parallel factor to consider is that companies these days just do not run out of money. That is not a function of an abundanc
by Revisor 16y ago
I found this comment interesting
A parallel factor to consider is that companies these days just do not run out of money. That is not a function of an abundance of capital as much as it is a function of how damn cheap it is to run a company. Burn rates of $4500 for three guys are the norm in my portfolio. Thus, there is not a dependency on seeking a Series A.
This is how our small startup is working and we didn't even need any funding besides FFF. Our budget is very tight, but the emphasis on being break-even very soon helps us focus IMO.