2 ms·
> 10% of annual revenue is not 10% of annual burn. Not in general. But if the company is “barely profitable” then revenue is approximately equal to cost, and t
by bjornsing 4y ago
> 10% of annual revenue is not 10% of annual burn.
Not in general. But if the company is “barely profitable” then revenue is approximately equal to cost, and thus 10% of annual revenue is approximately equal to 10% of annual “burn”.