Tip #68: Minimum cash position

Tip 68: Minimum cash balance. Remember the last tip where we noted our sensitivity to running out of cash? Good. Now take a guess at how many presentations tell us what their minimum cash position is during their projections if they complete this fundraising?

If you guessed less than 2%, you would be right. In fact, searching all the pitch decks we received last year, not one included the phrase "minimum cash position." Every single one of our due diligence reports does.

So tip #68: tell us (as a datapoint – a number in a circle) the minimum cash position and when it happens in your projection model.