Hacker News new | ask | show | jobs
How to Deal with Startup Failure (Reload) (forbes.com)
3 points by wilschroter 4746 days ago
1 comments
dmor 4746 days ago
$30 million in sales to bankruptcy in 6 months? That's crazy, I didn't realize that was even possible.
link
wilschroter 4746 days ago
If you get over your toes in operating capital it can absolutely happen. Think about a low margin business where most of the money just flows right back in operating costs. You only need a few months of mistakes to be in serious trouble.
link