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How to project cost in an early startup

Submitted by Jaap on Tue, 05/26/2009 - 05:55

Interesting article about how to project cost in an early startup. The main take aways are the following

  • Revenue projections are always wrong
  • Cost projections can be right
  • For an early startup an investor does not want to see an profit and loss statement for the coming 5 years but more what does it take to take the startup to the next level in the coming 12 months