20VC: Why This Time Will Be Worse Than The Great Financial Crisis, Why Down-Rounds, Firesales and Shutdowns Will Happen & The Ultimate Startup Survival Guide; 7 Steps to Ensure Your Company Survives The Storm
This podcast episode discusses the challenges faced by startups in the current economic climate, including the potential for down rounds, the difficulties in obtaining bridge funding, and the impact of the impending economic downturn. It also explores the strategies that startups can use to navigate these challenges, such as carefully evaluating bridge rounds, adjusting pricing to ensure they can raise future rounds, and taking a staged approach to selling shares. The episode also provides valuable advice for founders on how to manage marketing spend and valuation during economic downturns, as well as how to show investors their company's growth potential. It concludes with a discussion of the importance of finding great founders and how it can lead to better returns and a happier life for the investor.
