Hypothetically speaking, a startup gets some rounds of investment from VCs, operates for a few years, and run out of runway. What do these final months look like? Do the investors try to get their money back?
Hypothetically speaking, a startup gets some rounds of investment from VCs, operates for a few years, and run out of runway. What do these final months look like? Do the investors try to get their money back?
Interesting, the place I work at still has runway (apparently), but we’re not close to being profitable, have no clearly defined market fit, and we’re rapidly bleeding long term hires that are getting fed up and quitting. I’m sensing from the unusual silence from the founder that discussions of some sort are happening higher up that we’re not privy to. I’m trying to figure out what the signals match up to.
“Bleeding long term hires” are reading the tea leaves. Better to get a new job when you have one, finding a job when you need it is much harder.
FWIW, not being profitable isn’t such a red flag. It’s not uncommon for a startup to never get anywhere near profitable but still be fine. But in your case, it sounds like there are other signals too.
You should freshen up that resume and LinkedIn profile