Chapter
The Future of Scaled Unicorn Software Companies and Their Burn Rates
25:45 - 30:57 (05:11)
The potential risk of running out of money and going belly up is becoming a systemic issue for scaled unicorn software companies as they burn through their raised capital. This concern is especially relevant for companies that continue to spend at a high rate and do not trim their expenses to reach profitability.
Clips
The problem of running out of money and shutting down remains a major issue for scaled unicorn companies.
25:45 - 30:57 (05:11)
Startup Fundraising
Summary
The problem of running out of money and shutting down remains a major issue for scaled unicorn companies. Though these companies have raised millions of dollars, they still need to cut down burn and manage their funds in a better way to avoid running out of money and dying.