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It's unclear what the troubles at A123 mean for Fisker, which itself has seen troubles this year, including issues with gaining access to funding from the Department of Energy, and a subsequent layoff. READ MORE>>.
Our interview today is with Greg Martin , co-founder of LiquidStock (www.liquidstock.com), an investment fund which offers up a way for employees of private companies to exercise their stock options before an IPO or acquisition. Greg Martin: I raised a fund called LiquidStock, with three partners. Tell us what you're up to now?
The sad truth is that cash flow surprises kill many startups, even though they should have been adequately funded to survive. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Unanticipated expenses and emergencies drain cash. Then there are the Founders that overreact.
If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. I recommend that you buffer your initial requests for funding by 25%, and then add a line of credit, to cover contingencies and minimize the chance for negative surprises. Unanticipated expenses and emergencies drain cash.
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