[kictanet] Finance Policy - Tech Startups

[Phares Kariuki]

Hi,

Question, for those who have run tech startups, how do you deal with
excessive revenue? Given that tech firms many times operate on high margins,
let's, for the sake of example, say you have a product that, with an expense
book of roughly 1M (Rent + Salaries), and your monthly revenue is 8 M KES.
What do you do with the remaining 7M? Some say invest in product development
but even then, you will still have quite an amount of change. What happens
to that change? Invested in a bank? Or in some form of Fixed Income
Securities (Bonds, T-Bills etc). What's the general practice in .ke?


-- 
With Regards,

Phares Kariuki

| T: +254 720 406 093 | E: pkariuki at gmail.com | Twitter: kaboro | Skype:
kariukiphares | B: http://www.kaboro.com/ |
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