I work for a startup that's having trouble raising additional funding, I'm concerned that it's a sign of the future. We have revenue, but not enough to support our burn. I want to stay here, but I'm scared.


  • There will likely be layoffs within the next few weeks, so start looking for a job. No company that’s in a bad financial position wants to pay for salaries of employees over holidays when they are going to be gone by Jan anyway.

  • Hi, I feel your pain. I’m sitting here now looking at 3 months of cash in the bank. 14 employees in NYC. We’ve been in business for 4 1/2 years, raised over $4mm but existing investors are most individuals so not much follow-on support. We have overseas institutional investors who seem hell bent on torturing me. I’ve personally guaranteed our office so could lose my house (wife and two kids) in the process.

    I feel paralyzed right now. The upshot is we have very real revenue possibilities coming in that, yes if all went perfectly, could get us to profitability (and even if not perfectly, would still be great). But…I am tired and burnt out and depressed. Feels good to share. Thanks for listening and just know you aren’t alone.

    • Non US investors don’t really understand risk/reward structure of startups. They want immediate returns because they don’t understand that startup markets take years to develop. Chin up man and happy Thanksgiving

      • Thank you for the affirming words re “Non-US investors” not understanding. That is exactly the case. Chin up it is.

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