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A comment on Failed Startup's Final Income Statements Reveal Grave Error. Parent comment

Re:Failed Startup's Final Income Statements Reveal Grave Error by eliajf on Wednesday April 24, 2013 @09:27PM (#5605232)
Great comment. I had a professor say often that "cash is king." Obviously these companies aren't paying attention to cash at all.
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Re:Failed Startup's Final Income Statements Reveal Grave Error by newbie12 on Thursday April 25, 2013 @02:38PM (#5609038)
Actually, the opposite is true. They've got more cash coming in, and cash in the bank, which is masking the operating loss on each sale.
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Re:Failed Startup's Final Income Statements Reveal Grave Error by eliajf on Friday April 26, 2013 @09:02PM (#5616371)
They don't have the cash to pay their bills. Clearly they don't have excess cash coming in. Cash is still king. They are just masking the cash deficiencies of their business by raising it through funding.
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