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Thursday, March 12, 2009

How to survive when your burn rate is up, the economy is down, and you're running out of funds

This blog post by serial entrepreneur Jason Calacanis is sobering. But that's why it's a must-read. I think some of us do get stuck thinking about the huge exit, or the long term value down the road we are trying to build, and he brings it all down to:

Are you going to survive for the next 12 months?

Whether 'yes' or 'no', what are you going to do?

What to do if your startup is about fail (or "Don't Stop Believing")

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