7 Jul
2011
7 Jul
'11
12:15 p.m.
Hi, Question, for those who have run tech startups, how do you deal with excessive revenue? Given that tech firms many times operate on high margins, let's, for the sake of example, say you have a product that, with an expense book of roughly 1M (Rent + Salaries), and your monthly revenue is 8 M KES. What do you do with the remaining 7M? Some say invest in product development but even then, you will still have quite an amount of change. What happens to that change? Invested in a bank? Or in some form of Fixed Income Securities (Bonds, T-Bills etc). What's the general practice in .ke? -- With Regards, Phares Kariuki | T: +254 720 406 093 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares | B: http://www.kaboro.com/ |