Feld Thoughts
NOVEMBER 18, 2013
A review of the cash position, burn rate, and execution plan would have revealed there was not enough cash on hand to nail the pivot while leaving 3-6 months of time in market before raising again. While that is true, if you rely on outside capital to reach escape velocity, keep the cockpit talking to the engine room.
www.joelonsoftware.com
MARCH 24, 2010
Fog Creek explicitly recognizes that many good software engineers have no desire whatsoever to do "management" or to take on a formal personnel management role. One of the purposes of the Fog Creek Professional Ladder is to create a career path with promotions for engineers who simply do not want to do management stuff at all.
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ReadWriteStart
AUGUST 26, 2022
I think every company’s portfolio is different, so they’re all different sizes, different stages, different geographies, different cash positions, and different market leadership positions. . In my humble view, there’s a danger in providing a one-size fits all type of advice. David Zhang.
YoungUpstarts
FEBRUARY 14, 2017
Cash is king, always has been and always will be. Managing your cash position when forecasted sales aren’t being achieved is tough, and if you are spending more than you are generating and cash piles are dwindling, now is the time to address your financial position. Engine of growth pivot.
Cracking the Code
OCTOBER 10, 2008
To be fair, visibility into the current cash position and the change in the cash position has always been important for software executives, but is even more critical for SaaS businesses because the working capital requirements are higher and the payment terms are often stretched out over the term of the contract.
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