3 ms·
Even if I grant you that $10 million is reasonably close to being able to "get rid of any problem", that doesn't seem to imply profitability of the company. Pe
by tasuki 8y ago
Even if I grant you that $10 million is reasonably close to being able to "get rid of any problem", that doesn't seem to imply profitability of the company.
Perhaps solving the problems costs $4 million and the revenue is only $3 million.
- vinceguidry 8y agoThat's why the money has to be cash in the bank, fully liquid. You can't convince anybody that their money would be better spent on your business if the numbers are like you say, but if the capital is in reserve then nobody has to.