Dream It
APRIL 8, 2020
Runway is a crucial indicator of survival that signifies your company’s future financial ability to sustain operations. If you cannot sustain operations for 18 months, cut your burn rate so you can extend your runway. Investors want to see you’re able to remain lean and adapt to changing economic circumstances.
TechCrunch
NOVEMBER 30, 2022
This economic environment will continue to test a lot of companies,” said Jake Fingert, managing partner, and Lionel Foster, investor, at Camber Creek. This economic environment will continue to test a lot of companies. Don’t miss out on this chance to get 25% off on an annual subscription to TC+!
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StartupNation
JANUARY 12, 2022
This program is preparing and connecting Metro Detroit Black-owned businesses to various funding resources to ensure their sustained success. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.
TechCrunch
AUGUST 15, 2022
Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment. The company’s goals early on were to “hire and grow in a sustainable way,” Lapeyre said.
TechCrunch
NOVEMBER 30, 2022
“In today’s economic environment, Teampay’s software-led approach has proven resilient — as we saw in late 2020 to 2021, when the economy rebounds, Teampay benefits disproportionately through accelerated growth … We increased our debt facility for additional flexibility in uncertain times.” billion in 2021.
TechCrunch
AUGUST 11, 2022
I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace. For example, a company could have achieved tremendous growth during the pandemic by tapping into COVID relief funds, but this source of funding may not be stable enough to sustain them for years to come.
TechCrunch
APRIL 24, 2023
Since then, the company tweaked its credit origination and is now growing at 25% month over month this year “in sustainable growth.” And at a time when other financial players are increasing rates due to the difficult economic environment, Constrafor is able to lower its price to customers and pass on the savings to them, he added.
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