4 ms·
Startups don't survive to later years in limited runways circumstances unless they decrease their spend. There is a survivorship bias point of view - but the cr
by InTheArena 4y ago
Startups don't survive to later years in limited runways circumstances unless they decrease their spend. There is a survivorship bias point of view - but the critical point is that startups are not low capital intensity.
- maerF0x0 4y ago> There is a survivorship bias point of view I'm uncertain if the data has a survivorship bias or not (did not review the actual academic papers). Your and I's conjecture needn't assume it. None the less we're not talking about seed/Series A companies here. We're talking about late stage and large publics w/ 100s Millions to Billions of cash.