Default Alive or Default Dead?
BlogPaul GrahamJun 14, 2015
AI Summary
The single most important question in early-stage startups: at current spending and growth, will you reach profitability before your money runs out? Most founders avoid running this calculation. Most who run it discover they're default dead. The good news: the answer is fixable if you know it.
From the original
October 2015 When I talk to a startup that's been operating for more than 8 or 9 months, the first thing I want to know is almost always the same. Assuming their expenses remain constant and their revenue growth is what it has been over the last several months, do they make it to profitability onβ¦
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