If you spend a hundred thousand a month, your burn is a hundred thousand. Another way of framing losing money is investing in your business. Ocaave got ten months of runway, ok? If you had one point seven million o the bank, ogana, you got 20 months of runway. To understand and what your real goal is at all times is to have 18 to 24 months of runway in the bank. I think that's the best way to run a company in the early stages. You can iterate two or three times, figure out if you've got enough traction here,. And then you'll be able to watch this nubs go down.
First, Jason covers ConstitutionDAO attempt to buy one of the remaining 13 copies of the constitution at Sotheby's (01:56). Then, he does 10 points from the Startup Checklist on operational excellence (34:54). To close out the show, Producer Rachel speaks with Meagan Loyst, a VC at Lerer Hippeau who leads a group called Gen Z VCs (01:04:00).