@_Jordan Even "the?" At least let us keep "the!"
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@paulg though they are equivalent if you have no revenue.Thanks. Twitter will use this to make your timeline better. UndoUndo
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RT
@paulg: Founders: stop using the term "burn" as a cool-sounding synonym for "expenses." It means something else; it means net loss.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg really? Good to know. Actually thought is was expenses alone independent of cash flow.Thanks. Twitter will use this to make your timeline better. UndoUndo
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“
@paulg: Founders: stop using the term "burn" as a cool-sounding synonym for "expenses." It means something else; it means net loss.”Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Burn is any expense until you are cash flow positive. Cool or not I can't say. -
@BWOps You mean revenue positive not cash flow positive -
@acohenNY No. Revenue positive you can have burn, cash on hand shrinks until you are cashflow positive. You burn through cash on hand. - 1 more reply
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@paulg@lincolnmurphy burn is the first derivative of your cash balance (typically used when negative)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg "burn" and "expenses" are the same thing if you're snapchat.#whatrevenueThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg but are not expenses equal to net loss for most startups ;)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg it's lol material because the startup scene made it cool to speak using all kinds of jargon that makes the speaker sound authentic...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@ycombinator Word meanings can change over time, of course; indeed, in my day we used the term to mean "net negative cash flow".Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg burn == expenses if revenue == nil Time for some bootstrapping lessons?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg@ycombinator ??? I thought it meant cash position depletion.I can burn(off) cash at a rate and still be profitableThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg or that you should see a doctor. :-)Thanks. Twitter will use this to make your timeline better. UndoUndo
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