This is the lesson I have picked from 2016. It’s relevant for both investors and entrepreneurs. I’m actually surprised we haven’t taken this unbreakable yet simple truth more seriously in the past and moreover nowadays when venture capital money is abundant. People throw off tons of cash like it’s party time (1999 again would say the pessimistic click bait hunters). Large amounts are raised, that entrepreneurs can’t handle, that startups don’t really need. All this under the bold statement that growth requires to consume cash to create more value in a shorter period of time than the ordinary course of business.