Naval Ravikant (Angel Investor, Entrepreneur)
"Play long-term games with long-term people."
Success in startups comes from building relationships and thinking beyond short-term gains.
Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts
2. Non-Current (Long-Term) Liabilities
Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme