Cash Burn
Where is my money going? Why Most Founders Don’t Actually Know Their Cash Burn Rate
“Know your cash burn.” It’s one of the most common pieces of advice founders hear—from investors, board members, and operators alike. It sounds simple - almost obvious. But in reality, most founders don’t actually know their burn rate. Not because they aren’t capable. Not because they’re careless. And certainly not because they lack discipline. In fact, the opposite is usually true. Many founders are exceptional in their craft. Some build world-class products and engineering organizations.…
