: Having resources that can be permanently committed to new uses.
I hope this helps! Let me know if you'd like me to expand on any of these points or provide further clarification. the logic of business strategy bruce henderson pdf
The dot-com bust happened because startups forgot Henderson’s lesson about Cash Cows. Growth consumes cash. Without a Cash Cow (or massive external funding), a Question Mark dies. Modern venture capital obsesses over "runway"—directly derived from the BCG Matrix. : Having resources that can be permanently committed