On January 1, 2021 Ms. Omer Sphira, a CFO of an Israeli startup without any revenues, rushed into her CEO’s office saying that their Runway is only 12 months. Her CEO said that he doesn’t agree with her since they have $2.4 million in cash and their gross burn rate is only $200,000. Could you help them to decide who is right?
On January 1, 2021 Ms. Omer Sphira, a CFO of an Israeli startup without any revenues, rushed into her CEO’s office saying that their Runway is only 12 months. Her CEO said that he doesn’t agree with her since they have $2.4 million in cash and their gross burn rate is only $200,000. Could you help them to decide who is right?
* השאלה נוספה בתאריך: 04-07-2023