The Startup Recession Survival Guide
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For startups, the difference between 2021 and 2023 is like night and day. In 2021, we saw venture funding increase nearly 100% from 2020. Then, in spring 2022, everything came to a screeching halt.
Now, VCs are more concerned with profitability than growth projections, which means startup founders and CFOs have to change their approach and master the art of cash management. In this guide, we’ll uncover the six most essential ways your startup can survive—even thrive—during a recession.
Now, VCs are more concerned with profitability than growth projections, which means startup founders and CFOs have to change their approach and master the art of cash management. In this guide, we’ll uncover the six most essential ways your startup can survive—even thrive—during a recession.
In this guide, we'll cover:
Best cash flow management practices and growth drivers every founder should know
How to extend your cash runway and three key strategies for reducing cash burn
The importance of showing the fundamentals for funding and having a solid financial operating plan