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Just because your startup is self funded doesn't mean you won't be impacted. * If you charge money for a product and your customers are no longer willing to sp
by cstejerean 18y ago
Just because your startup is self funded doesn't mean you won't be impacted.
* If you charge money for a product and your customers are no longer willing to spend money, you're in trouble.
* If you rely on advertising for revenue and companies reduce their ad spending, you're in trouble.
* If you're hoping to get acquired and your potential acquirers are no longer able to spend money because of plummeting stock prices, you're in trouble.
- vaksel 18y agothe difference is that a small team startup has to make a lot less revenue to survive. A big new startup on the other hand would have a few million a year just in salary expenses.