VentureBeat June 27, 2020
Startups have been particularly vulnerable during COVID-19: Global VC funding has dropped, supply chains have been disrupted, and market activity has slowed. The changes have meant fewer liquidity deals are available for investors, who now don’t have the funds to invest fresh capital into the wider startup sphere.
As a result, many startups need to extend their runway until investment recalibrates and funding opportunities come back. Some people believe this could take a couple of quarters, but looking at data from the 2008 crash, it’s more likely to take a couple of years.
Regardless of what type of startup you are — and whether you have just received funding or are looking to raise now — your runway has been...