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How to Run Your Startup in a Recession (angel.co)
3 points by karimford on April 29, 2020 | hide | past | favorite | 1 comment


Get to profitability. I’d treat 24 month runway as a 2nd step. Profitability would allow you to get better terms, so it’s worth working really hard in the next 2 months to get profitable. Then raise whatever you need. Investors can still smell weakness through a Zoom call.

Also, a candid perspective from Charles Hudson: https://news.ycombinator.com/item?id=22985423




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