@paulg ah boot strapped for life :)
I think I have yet to see an investor update that omitted monthly expenses where they didn't turn out to be > revenue.
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@paulg I know it may not be applied in all the biz. But if we ever ran a boot strapped biz I think you would see a report like that.
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@paulg@DanielleMorrill Revenue growth is more interesting anyway, unless the only thing causing it to go up is increased spending. -
@paulg@DanielleMorrill Costs for a tech startup tend to be directly estimable from head count. Not always, but damn near. - Show replies
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@paulg overwhelmed after searching for "investor update" on your blog. first thought, best thought: best post on investor update structure? -
@JasonStoddard This will fit in a tweet. Monthly revenue, growth rate thereof, monthly expenses, money left in the bank. - Show replies
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@paulg The signaling inherent by the omission is worse than the accounting itself.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Considering how many startups run cash flow negative, this only suggests cash flow positive investees like to brag. No?Thanks. Twitter will use this to make your timeline better. UndoUndo
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