Great advice. I think the $10MM number for needed "cash in the bank" seems a bit high. I think this is better looked at as a "months of runway" number (which

Great advice. I think the $10MM number for needed "cash in the bank" seems a bit high. I think this is better looked at as a "months of runway" number (which he also refers to). I'd say that you should either be extremely cash-efficient (burn is almost inconsequential), or have 12-24 months of cash in the bank to weather the storm. Or, of course, being profitable is great too (but then, you essentially have an infinite amount of runway).