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Startups should have cash reserves for 3 years: PolicyBazaar Co-founder
short by Dharna / on Tuesday, 7 April, 2020
PolicyBazaar Co-founder Yashish Dahiya told YourStory it was important for startups to have cash reserves, while they focus on survival amid COVID-19 pandemic. Dahiya said that the question for founders today is how long can they continue with zero revenues. He said, "It's important to build a capital base where you can run...business without revenues for at least three years."
read more at YourStory