VC’s have sent “survival memos” to the start-up community 🚨
Fundraising will become more difficult over the next 12-18 months.
Investment has tightened and even the best start-ups are struggling to raise.
Case in point: last week we saw VOLT fail to raise $200m in their Series F 😢
In this environment, every company moves from what is “nice to have” to what is “essential”.
Conserve cash, reduce your burn, avoid unnecessary hires, extend your runway and plan ahead 🏃♂️
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