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by dzonga
1178 days ago
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cut the majority of management, COO etc that are not necessary in generating
revenue. find ways to become cash flow positive yesterday.
dilute expected stock based compensation for employees and for you.
if all fails - have the business pay you an exit fee for not damaging the business. unfortunately, a business with such bad numbers wouldn't have survived without the cheap money. even with low margins such as 20% profits - it's still a decent bootstrapped business but ya'll got addicted to the cheap cash |
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