Startup Runway Length Depends on Your Burn Rate
Startup Professionals Musings
FEBRUARY 21, 2012
As a rule, you need to review your burn rate every month, and manage it every day. There’s tremendous leverage in learning to use Microsoft Office, QuickBooks, and how to Google for sample contracts and the latest tax changes. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.
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