Silicon Valley Investors Give Startups Survival Advice

Silicon Valley Investors Give Startups Survival Advice for Downturn

May 29, 2022 by Wallt Street Journal

Key Facts

  • VENTURE-CAPITAL FIRMS TELL PORTFOLIO COMPANIES TO BUCKLE DOWN FOR THE LONG HAUL; ‘BEFORE YOU THRIVE, YOU HAVE TO SURVIVE’ After years of funneling cash into startups’ grand ambitions, Silicon Valley’s SIVB 4.00%?
  • investors are engaging in the grim ritual of delivering survival advice to their portfolio companies.
  • In recent online slide presentations, blog posts and social-media threads, venture-capital doyens including Lightspeed Venture Partners, Craft Ventures, Sequoia Capital and Y Combinator are telling the founders that they need to take emergency action for what could be the sharpest turn in more than a decade.
  • Their advice includes cutting costs, preserving cash and jettisoning hopes that hedge funds or other investors will swoop in with big checks.

Click To Read Full Article

ORGANIZATION
PERCENT
LOCATION
MISCELLANEOUS

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?