<oembed><type>rich</type><version>1.0</version><author_name>j (npub1wt…cjjv2)</author_name><author_url>https://nostr.ae/npub1wtfnlhvhvm90lgsgyd6cu82tj3v429y7qkuu54srwzxpefppc2zq3cjjv2</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>This means nothing to most people. In fact, I’d be willing to bet most people don’t even understand what all that financial jargon means. &#xA;&#xA;Targeting operational stability…&#xA;&#xA;Strategic flexibility…&#xA;&#xA;Treasury assets become unpredictable…&#xA;&#xA;Volatility compresses runway… &#xA;&#xA;Cut burn…&#xA;&#xA;“His point was simple but important: runway matters more than upside when markets move violently. A company targeting 12 to 24 months of operational stability can quickly lose strategic flexibility if treasury assets become unpredictable. Once volatility compresses runway, management choices narrow fast: raise capital, cut burn, or find revenue immediately.”&#xA;&#xA;</html></oembed>