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Cash is King: How founders should decide their cash runway
It’s the figure all early stage founders know. Current cash in the bank, divided by monthly cash burn, equals cash runway – or how long your company can survive before it needs further funding. And while many start-ups survive a bit longer than their cash runway suggests – usually with aggressive cost control – a…
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The law firm billable hour must die
Long blog post alert. TL;DR – law firms should just quote everyone fixed fees rather than billing by the hour. —— What must die for the legal industry to evolve? That is a key question on the lips of law firms worldwide. Put another way, “with technological change and fast-paced disruption all around us, what…
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VC investing: simplified
I was discussing early stage VC with my friend yesterday. It became clear that early stage VC investing can be simplified as follows: Made me chuckle.