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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

When is the next payroll due? Purchase of fixed assets like machines, vehicles, real estate, or capitalized software. If the situation is dire, you may also consider recapitalizing the business through a debt refinancing or by selling equity. What if my Startup Runs Out of Cash? Furlough non-essential employees.

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Silicon Valley Frontlines: Two Tales of "Working For Equity"

philipsmith.typepad.com

In-the-Trenches Consulting to Startup and Emerging-Growth Companies. Working for equity only is, realistically, the way most startups have to get going. a year burn rate and your equity is worthless due to numerous recapitalizations and bridge loans from investors then either you don't get it or I'm stupid to do it.

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Everything you ever wanted to know about advisors: Part 2.

venturehacks.com

Venture Hacks Good advice for startups. Or they bring you a handful of great employees. They’ll bring you leads for customers, employees, and investors. The company is acquired, recapitalized, or otherwise restructured and the advisors are no longer useful or desired. Disclaimer: This is not legal advice.