Well, you'll need positive cash flow sooner or later if you want to stay in business. But the advantages the op attributes to positive cash flow are really adva

Well, you'll need positive cash flow sooner or later if you want to stay in business. But the advantages the op attributes to positive cash flow are really advantages of having money in the bank. The only advantage to having a slightly positive cash flow is that it makes you feel good. If your cash flow is slightly positive but your key people are getting stock options or whatever as a nontrivial part of their compensation, you are actually losing money.