Sell when growth is high, even if cash flow is low.
Berkonomics
SEPTEMBER 24, 2015
Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . By John Huston. There are only two types of companies -those which have achieved positive cash flow and those which have not. (Earnings before Interest, Taxes, Depreciation and Amortization, or EBITDA is the most commonly used definition of cash flow.).
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