YoungUpstarts
APRIL 16, 2020
Once you have achieved a calm headspace, take a survey of your cash position: How much cash is left? When is the next payroll due? If you answered “no” to #2, you need to scramble to get cash in time for #3. The fast options to get business cash are: Collecting from customers. Is it enough to cover payroll?
Feld Thoughts
NOVEMBER 18, 2013
His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). So why would you treat your debt investors (somewhat) like equity investors? Three months in, the burn is now at $70k/month.
Up and Running
JULY 22, 2014
Consider this: What happens when you send out an invoice to a client, but they don’t pay it by the due date? These kinds of things aren’t reflected in your profit and loss statement, but they are explained in your cash flow statement. That might sound like sales, expenses, and profits, but it’s not.
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