Curious rule of thumb I’ve been pondering today:
A rough rule, but a good rule:
If you are in growth mode, to hire the team you need, and scale at the rate you want ... you need at least half your ARR on your balance sheet
I.e., if you are $6M ARR, you need >=$3m in the bank to invest in hiring, etc.
If you have less, raise
— Jason ✨BeKind✨ Lemkin ⚫️ (@jasonlk) January 24, 2021
Cesar got a new Friction Log up today. I also published some smaller friction logs across a few things I’ve been using Can’t wait to do the podcasts!
https://frictionlog.com/logs/figma
Only a little today as the v6 mobile blitz continues.
All mobile v6 stuff. Here were the internal Test Flight notes:
This is an archived post, some things might not display right.
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