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A few things that could make this guide even better: 0. Variable costs vs. fixed costs, why the difference matters, and how to tell the difference. 1. The dif
by rahimnathwani 4y ago
A few things that could make this guide even better:
0. Variable costs vs. fixed costs, why the difference matters, and how to tell the difference.
1. The difference between gross margin and contribution margin, and the relevance to thinking about unit economics before deciding to focus on scaling.
2. The CEOs role as a capital allocator, and how to assess what % of your burn is going towards different objectives. (It's easy to be self-delusional if you don't approach this in a structured and disciplined way.)