Cash, profits, scale and VC funding

Inspired by Silicon Valley’s hyper-growth, companies elsewhere are burning cash in hopes of being the next big thing. (2018)

It’s a small $100 million in cash-flow profitability, but it sets up the short-term home rental company for an IPO in 2018... (2018)

Venture backed companies have a strange relationship to positive cashflow. Because they have financial backers who can and do finance losses, they ... (2019)

There was a very curious thing in Zoom's financials leading up to its IPO that I am surprised no one commented on.  But as a founder, it jumped out... (2019)

valuations in the private markets, particularly the late-stage private markets, can sometimes be irrational. Public market valuations, certainly af... (2019)

The importance of a well-sorted working capital structure for a D2C company is immeasurable. (2021)