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Does raising money mean you should start scaling?

The Next Web

They feel the money can and should be spent on ways to grow the company, so they shift into growth mode by hiring more employees, paying themselves, hiring salespeople, running paid ad campaigns, and spending on overhead. You need to nail your metrics to graduate discovery mode. Now let’s talk about the metrics.

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Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

It is driven by the following: • The Best Metric for the Health of a Company is Cash Flow. And they hire very aggressive securities attorneys to represent their interests. This is very counter-intuitive but critical insight for emerging company entrepreneurs and those that back them to grasp.