News for hackers. Stuff that matters.

A comment on My Fifth Year as a Bootstrapped Founder. Parent comment

Re:My Fifth Year as a Bootstrapped Founder by mediaman on Friday February 10, 2023 @06:16PM (#34747357)
This is actually why the balance sheet is more important than the income statement. The income statement can obfuscate what's happening to cash flow. A close study of the balance sheet reveals whether working capital is consuming retained earnings.
[ Parent | on HN ]
Re:My Fifth Year as a Bootstrapped Founder by fsckboy on Saturday February 11, 2023 @01:38AM (#34750147)
of course, you could always look at the third leg of the three legged stool, the cash flow statement.
[ Parent | on HN ]