Sounds more like you're one missed funding round away from having a 10% chance of being kicked to the curb, where "kicked to the curb" often means a fairly gene

Sounds more like you're one missed funding round away from having a 10% chance of being kicked to the curb, where "kicked to the curb" often means a fairly generous severance that covers more than the period you're likely to remain unemployed (12 weeks in this case). While I'm sure there are some legitimately bad outcomes, it seems like the median outcome is keeping your job, and the median outcome for those who don't is a several month paid vacation.