The biggest hurdle for early-stage growth companies, from an investment perspective, isn’t simply determining whether they have a good business model. It’s assessing whether they can grow that business without destroying their capital structure by continually raising dilutive equity to cover losses on the path to (potential) profitability.
We decided for the first time to use this due diligence framework as an experimental launching pad for a potential ongoing series of Skull Sessions labeled, ‘You Make The Call.”