cashflow

“Cash flow over valuation any day of the week. What I mean by that is, who cares if a venture fund is going to say your business is worth a billion dollars? It feels nice. But building cash flowing businesses is ultimately a huge reward from a financial standpo…”

“The truth is, your P&L is a liar. It's not really trying to deceive you, but it's written in a language that doesn't really care about your survival.”