3 ms·

i predict a crash, burn, and firesale.

• Retric 18y ago
  They will probably crash and burn in 2009 or 2010, however if they have 265 million / year in revenue they should be able to cut back staff 6months before they run out of money and significantly extend their runway. However, doing so would reduce their value to future investors which would make raising money harder and significantly impact morale. The fact they are looking for money now is a good sign they understand the problem, but if that does not quickly pay off they need to think about cutting down their costs. Even if it damages their growth.