Tren Griffin+ Your Authors @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Apr. 14, 2020 1 min read + Your Authors

1/ "Suddenly, margins matter. Richer margins lengthen runway. How many more months of burn could the company yield with this alchemy? Let’s illustrate.."  https://tomtunguz.com/why-margin-matters-2020/ 

2/ You might hear someone say:

"Tren is old shool in his love for high gross margins."

If a business has low gross margins it doesn't have a lot of elbow room for below GM line expenses. I've been to low gross margins, and I don't want to go back.

 https://www.google.com/amp/s/25iq.com/2017/02/04/gross-margin-for-fun-and-profit-involves-beer-and-music-streaming/amp/ 

3/ Sometimes when I'm sitting at a campfire someone will ask me to tell a scary story. I will occasionally tell the frightening tale of  http://Pets.com  which reported negative gross margins of $277,000 in the third quarter of 2000. Some otherwise smart friends owned it.


You can follow @trengriffin.



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