3min chapter

The Pomp Podcast cover image

#1132 Tim Draper On Elon Musk, Tesla, Bitcoin & The Future Of The U.S.

The Pomp Podcast

CHAPTER

Are You Burning a Million a Month?

If a company is spending more than $300,000 in a month, the odds of their success go down. Just keep it down below 300,000 a month and you have a pretty good shot at making it. Even in a bear market, the venture guys can dig deep and maybe put some money in to keep you alive. So just manage it tightly. Don't run out.

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