The fundamentals needed to run a business in the next economic cycle.
Great article Ryan! We will likely see a lot of startups struggle in the coming year due to inverted cash flows.
Of course, there are some businesses (like SpaceX) that just take a ton of money to get going. If you're building spaceships, tough to get around that! But many software companies, particularly in these days of AI-boosted software development, don't need that kind of up front capital.