Comment
Comment by susanwise
New money in does not want to execute this plan, and last money in wins. Given the debt vs. cash scenario, I don't have enough cash to execute he 60-90 day burn wind down plan. But from a logical perspective I completely agree with you and really should have pushed for this approach a year ago. We cut down our burn by nearly 50% last year, but turns out really should have cut it by 80-90% to not have to be in this spot.