HOW TO FUND GROWTH & WHEN NOT TO

Summary from the TLDR Founders newsletter

Smart capital allocation is crucial for growth. Capital allocation is a core responsibility, but too often decisions are based on overly certain projections. Companies have four levers to fund growth–growth capex, discretionary opex, working capital, and M&A. As you scale, adopt a structured capital allocation process to rigorously evaluate organic and inorganic growth investments. Push your team for realistic ranges and probabilities, not just point forecasts.