We need these Sequoia Capital guys running all our Govt offices.[/quote]
Unfortunately, smart people like these folks will only invest time in money into things they know would be profitable 🙂
It’s actually has been the theme of my company these days. All CEOs are basically saying the same thing.
Something along the line (paraphrased)… This is gonna be rough, our customers are being impacted, and we will be impacted. Trim the fat…Find the most capable people, cut the bullshit. No more creative assignment projects that don’t contribute to the product line. Find our competitors that are successful and copy the sh!t out of them and beat them to their own game…. by out innovating, out marketing, out selling our competitors. We have a capital advantage, take out the small competitors that are a direct threat to us 2-3 years down the road…now….Our/your survival depends on it.
In a nutshell, back to basics…. No more facebook crap.
[quote=fat_lazy_union_worker] All startups must become cash-flow positive — in other words, earn more than they spend. Or in other, other words, act like the real businesses they always should have emulated.
[/quote]
Little old me has been saying the same thing for a while now.
San Diego tech companies that are cash-flow negative or not generating revenues will be in trouble. They won’t be able to pay those professionals who bought overpriced houses in the region.
[quote=fat_lazy_union_worker] All startups must become cash-flow positive — in other words, earn more than they spend. Or in other, other words, act like the real businesses they always should have emulated.
[/quote]
Little old me has been saying the same thing for a while now.
San Diego tech companies that are cash-flow negative or not generating revenues will be in trouble. They won’t be able to pay those professionals who bought overpriced houses in the region.
[quote=fat_lazy_union_worker] All startups must become cash-flow positive — in other words, earn more than they spend. Or in other, other words, act like the real businesses they always should have emulated.
[/quote]
Little old me has been saying the same thing for a while now.
San Diego tech companies that are cash-flow negative or not generating revenues will be in trouble. They won’t be able to pay those professionals who bought overpriced houses in the region.
[quote=fat_lazy_union_worker] All startups must become cash-flow positive — in other words, earn more than they spend. Or in other, other words, act like the real businesses they always should have emulated.
[/quote]
Little old me has been saying the same thing for a while now.
San Diego tech companies that are cash-flow negative or not generating revenues will be in trouble. They won’t be able to pay those professionals who bought overpriced houses in the region.
