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If you need funding to cover your monthly nut, you need a plausible path to hyper-growth; the portfolio math doesn't work for investors otherwise. If you set out to build a small-scale sustainable business, and you succeed, you can avoid funding. But if you're pivoting to something entirely new mid-to-late-ways through your company, you've probably burned down most of your reserves.


> monthly nut

Strongly recommend checking urban dictionary before using that in Australia :D or you'll get some amused comments


"An individual's fixed monthly expenses, such as rent, utilities, cell phone, Internet access, car payments, car insurance, etc. These are the bills you have to pay regardless of what you do in a particular month. Can also be used more generally to describe one's monthly expenses, regardless of whether they are fixed or variable."

Urban Dictionary is know for shoehorning any word(s) no matter which into a sexual innuendo, but this the most voted definition, by far. Seems like ejaculation is not such a widespread meaning.

https://www.urbandictionary.com/define.php?term=monthly%20nu...


>your monthly nut

That means... something different where I come from.

Are you using it to mean "monthly fixed costs"? I haven't come across that meaning before.


It's a gambling term, it means the amount you have to win to break even.


it's a loan sharking term, every week you hold the nut, you owe the vig


"Covering your nut", or "earning your nut" basically means selling enough to cover your expenses.

I hear it some from business or sales types in the US most often.


> If you need funding to cover your monthly nut

You can get funding for that?!


Yes. Most of what early vc practically pays for is salaries (and a lot of that is really just a passthrough to landlords because California is an incompetent state run by incompetent people.)


I believe you just had a "whoosh" moment.


That's what I get for reading literally. sigh.


You can take solace from the fact that you've made quite a few people sensibly chuckle in cafes around the world.


haha this is why I love HN


the landlords beg to differ. to them it's a great country, run very competently.

private tax (rent for soil bound property is nothing but a private tax) is the best thing since aristocracy and tithing.


Before 2022, that would have been series B material.


> If you need funding to cover your monthly nut, you need a plausible path to hyper-growth; the portfolio math doesn't work for investors otherwise.

If you only look towards people like Peter Thiel, sure. But the people that cleaned up his mess with SVB aren't so insane.


No, it's true of more or less any investor.




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