Cash Management: Launching New Ventures

This lecture covers cash management problems such as overspending, shrinkage (theft), and managing burn rate. It explains the importance of keeping accounts separate, choosing the right bank, and using non-bank solutions like mobile money. Examples and calculations are provided to determine the burn rate and the time to run out of cash. The lecture also emphasizes the significance of burn rate in decision-making, fundraising planning, and revenue model evaluation.