V
Vani Kola
Managing Director at Kalaari
1185109 followers
Studies show 70% of #startups have cash for less than 3 months. Here are my thoughts for startups on dealing with this new normal. - Look at all possible avenues to increase your runway to six months first. Buy yourself time. Then adopt strategies to generate recurring cashflow that can get you to a longer runway. - Also explore #strategicpartnerships and all M&A options on the table. Now is not the time to hold grudges. Look at old opportunities with fresh eyes and do what is best for your customers, employees and stakeholders. There is no shame in exploring an M&A. Make survival the most important goal and work forward from there.
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