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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. There is no discussion of burn, runway, and more financing yet.

Burn Rate 152
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10 Things Every Small Business Needs To Do

Up and Running

There are a series of “levers” in your business that will affect your cash position. You need to engage in Lean Planning. Business Planning Finance Sales & Marketing business advice Sabrina Parsons small business startup advice' You NEED to understand those levers. You need to develop a data-based culture.