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Thursday, July 07, 2011 10:07:52 AM
My biggest concern yesterday was that the CEO of a public company stated (on several occasions) that he wasn't concerned with the cash position and burn rate of the company because they survived before near bankruptcy (of course he didnt mention the ridiculous deal SEO did to keep the company afloat). That to me is absolutely shocking and scary coming from a CEO.
It's like saying "hey I was broke before but I didn't actually die so I am not concerned with going broke again."
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