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Y Combinator Cast

05/07/22

@ Y Combinator

It's crucial for founders to recognize when they are in a precarious financial situation and to act quickly to assess their runway and make necessary adjustments.

Video

Save Your Startup During an Economic Downturn

@ Y Combinator

Save Your Startup During an Economic Downturn

05/07/22

Related Takeaways

Y Combinator Cast

05/07/22

@ Y Combinator

It's important for founders to understand that the perception of needing to grow rapidly can lead to poor decision-making, such as overspending or neglecting financial health.

Y Combinator Cast

02/13/25

@ Y Combinator

It's crucial for founders to be honest with themselves about their spending and revenue expectations, as unrealistic assumptions can lead to financial failure.

Y Combinator Cast

01/27/22

@ Y Combinator

When a startup's runway decreases to about 12 months, founders often start making better decisions as they face pressure to perform.

Kirsty Nathoo

04/28/17

@ Y Combinator

It's vital for founders to stay informed about the financial and legal aspects of their startup, as misunderstandings can lead to significant issues down the line.

Qasar Younis

05/15/25

@ Uncapped with Jack Altman

It's essential for founders to recognize when they might be pursuing the wrong path, similar to climbers on a mountain who need to be aware of their direction.

Michael Seibel

05/07/22

@ Y Combinator

Founders should be proactive in making tough decisions to steer their startups towards profitability, rather than relying on external pressures or advice.

Kirsty Nathoo

08/22/19

@ Y Combinator

Many startups fail to realize they are running out of cash until it's too late to turn things around.

Garry Tan

06/08/23

@ Y Combinator

As a founder, you might reach a moment when you realize your startup is going to fail, and it's crucial to face that truth instead of living in denial.

Michael Seibel

07/08/22

@ Y Combinator

Founders should be cautious about spending money before achieving product-market fit; it's essential to be disciplined with finances in the early stages.