Always Have 18 Months of Cash in the Bank

I was once told by an experienced entrepreneur (I can’t remember who) to always have at least 18 months of cash in the bank. The logic behind this is: 1) as a rule of thumb it takes 3 months to raise money, 2) building/marketing/selling technology always takes longer than you think.

 

(Full Post: http://cdixon.org/2011/12/06/always-have-18-months-of-cash-in-the-bank/


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Chris Dixon

Chris Dixon is an investor at Andreessen Horowitz. He was previously the Co-Founder/CEO of Hunch, Co-Founder of Founder Collective, and Co-Founder/CEO of SiteAdvisor.

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Filed Under:
Collection: Strategy & Starting Up
Category: Budgeting, Projecting & Burn Rate