A heartbreaking story about time and money.
Berkonomics
OCTOBER 5, 2023
First, think about your time as money! How about young or pre-revenue companies? Yes, there were other issues such as a protracted patent rights fight that drained cash, but the largest problem, inefficient use of R&D time burning fixed overhead, led to the demise of the company. We’ll get to my heartbreak in a minute.
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