I think 'runway extension' is an interesting/better way of treating the early stages. Using fictitious 'hourly rates' to make decisions seems strange and ultim

I think 'runway extension' is an interesting/better way of treating the early stages. Using fictitious 'hourly rates' to make decisions seems strange and ultimately counter-productive. Only if you've got a clear way of making money (and customers waiting) can I see it making sense. In general, I'm sure there are plenty of successful people for whom this worked out but there are probably as many unsuccessful people (that we don't hear from) who ended up spending cash they didn't need to. Cashflow matters.