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Comment by mmaunder | Hacker News Reader
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mmaunder
·
Cashflow.
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jacques_chester
·
I didn't really understand cashflow until I took an accounting 101 unit. It was an eye-opening experience.
GregorStocks
·
Yep, that's the first thing on the list, all right. Okay, my turn: split the stock between the founding team evenly.
nandemo
·
No, it is not. The first item on the list is about profitability. Being profitable isn't the same thing as having positive cash flow:
http://www.investopedia.com/articles/01/110701.asp
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