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Sayahh’s Financial Statements For August 2011

Feld Thoughts

Now that Dick and Jane have added a CTO to SayAhh’s founding team, they’ve turned their full attention to working on their product. A company at this stage could also face product development costs from consultants if they decided to outsource product development.

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Getting Your Head in the Game for Fund Raising

Both Sides of the Table

You have cash in the bank, a monthly burn rate and a “cash out” date that few in the company truly comprehend. Never stop in the ink is dry on the contract and the money is in your bank account. When you run a startup you’re always on borrowed time. It’s why so few can really start a business from scratch.

Burn Rate 238