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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. Startups have unique cash challenges due to their raise-burn-raise-burn cycle.

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

philipsmith.typepad.com

Compensation-wise the biggest challenge is insuring people are respectful of my time and skills (when they don't write real checks for hourly or project work they don't tend to be quite as diligent on this as one would like!). Then you find the people who just don't get it. The second example came along just this morning.

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

venturehacks.com

The company is acquired, recapitalized, or otherwise restructured and the advisors are no longer useful or desired. We would like to propose a shareholder’s code of conduct: if you think you’re doing too much, you’re probably just doing your share. Read some fun reviews of this site.