Disclosure certainty 4/5 debate potential 1/5

Squire was financially prepared for over 12 months of zero revenue

Songe LaRon · How I Built Resilience: Songe LaRon of Squire · Jul 23, 2020 · at 13:47

Songe LaRon, co-founder of Squire, explains the startup's cash management strategy amid unpredictable state-by-state business closures in 2020.

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“It's always safe to kind of assume the worst case and be prepared for the worst case, which we were prepared to go to zero revenue for over 12 months.”

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Assertion Not checkable as stated
Squire's revenue essentially dropped to zero in March and April 2020
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Disclosure
Squire waived subscription charges for all customers through October 2020
“And we also decided to waive all of our subscription charges to current and new customers until October, because we knew that their revenue was also going to go to zero.”
Songe LaRon Jul 23, 2020 ▶ 9:43 How I Built Resilience: Songe LaRon of Squire
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