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Uber Shuts Down

socalTECH

Uber developed software used to upload, organize, and share content through a free web site; the site also provided photo galleries, slide shows, videos, and blogs. Uber blamed the crisis in the economy for the shutdown. READ MORE>>

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10 Cash-Flow Surprises That Could Kill Your Startup

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. They pay just the smallest bills and let the rest slide. Every dollar in inventory is a dollar less in cash available, maybe even two dollars less if your gross margin is 50%. Then there are the Founders that overreact.

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Save Your Spin for Someone Who Cares

Both Sides of the Table

He had 2 weeks’ cash left in the bank and was facing massive layoffs or potentially bankruptcy. Put up your slide with the 5-6 logos of journals that have covered you. A good friend of mine was features on the front cover of the LA Times business section with a glowing article.

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Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. They pay just the smallest bills and let the rest slide. Every dollar in inventory is a dollar less in cash available, maybe even two dollars less if your gross margin is 50%. Then there are the founders that overreact.

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