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1/ Welcome back to the age of the startup death spiral
2/
Sub 12 months runway and no financing -->
Hunker down, cut costs incredibly hard, run hyper lean -->
Lose your ability to generate any growth & develop product.
Sub 12 months runway and no financing -->
Hunker down, cut costs incredibly hard, run hyper lean -->
Lose your ability to generate any growth & develop product.
3/ The End.
There is a fine line between conserving cash and entering the death spiral. Tough to navigate. Don't stop selling.
There is a fine line between conserving cash and entering the death spiral. Tough to navigate. Don't stop selling.
4/ If you go into full hibernation mode - there's a chance you won't make it out. Be a bastard at cash management, cut marketing, cut any overheads, implement salary cuts across the board, forego your own salary etc
BUT ...
Don't stop selling
Don't stop delivering on product
BUT ...
Don't stop selling
Don't stop delivering on product
