In a recent blog post Ben Horowitz talks about how one bad process can poison your company culture and break the company's back. The takeaway is this: Many startup founders - interestingly especially those with an engineering background - screw up the budgeting process by not applying any constraints to growth. According to Ben Horowitz a typical budgeting process goes like this: Set goals that will enable us to grow Break the goals down so that there is clear ownership and accountability for each goal by ... Read more