Nearly all startups use the same methodology to figure out when to raise their next round of capital. The founder projects the planned burn rate and estimates the day they will run out of cash. Then they subtract a margin for fundraising approximately four months from the date the company’s bank account will be empty, and declares the difference the fundraising-process start date. Read More
http://ift.tt/1e3n7Vv Running Out Of Money Isn’t A Milestone http://ift.tt/1BAzkM5
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