Startup Therapy

What a Market Downturn Means for Startups

Informações:

Sinopsis

In today’s Startup Therapy Podcast, Wil and Ryan talk about putting a freeze on your resources when returns take a downturn. When is it necessary to let go of some employees? When is it an urgent matter to get more funding? Can you possibly get more funding when the Startup isn’t hitting the target? Well, you can definitely weather the storm when you understand that a downturn is tough but it’s a good phase to start cleaning up unnecessary ties and expenditures.   Sign up for the Startups Newsletterhttps://www.startups.com/newsletterResources: Startup Therapy Podcast  https://www.startups.com/begin Join our Network of Top Founders  Check in with us on LinkedIn | Wil Schroter | Ryan Rutan What to Listen For 00:00 Intro 00:24 Startup market crash 06:47 The reason investing got so crazy 14:59 We raise money to get to milestone 17:35 When you start seeing lay-offs 20:33 We have to switch to defense