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An important lesson I learned while working for a startup - pay attention to the revenue stream and pay attention to expenses. The two will not stay out of alig
by taylodl 5y ago
An important lesson I learned while working for a startup - pay attention to the revenue stream and pay attention to expenses. The two will not stay out of alignment for long. I've talked to start-ups not paying any attention whatsoever to their revenue stream, they seem to think the bonds are the revenue stream. Many of those startups are quickly gone. When looking at a start-up make sure they have a good grasp of their revenue, their expenses, their revenue forecasts, etc. If they start hand-waving or show numbers that are out of whack then you're better off passing on their "opportunity."