Startups aren’t doing as badly as you might think

Startups aren’t doing as badly as you might think

11 months ago
Anonymous $Pi6HN8Q0B-

https://techcrunch.com/2023/12/21/doom-and-bloom/

In the face of recent economic downturns and fears of a startup bubble-burst, it may be surprising to hear that startups are faring better than you might think. I’ve been talking to a bunch of founders who are struggling to raise funding — and that is a real problem — but there are some startups that focus on the business fundamentals that are still thriving.

A deep dive into the data from startup accounting firm Kruze Consulting shows that startups that can keep an eye on the fundamentals — that is, those that are running more like a “real” business, rather than the “growth at all costs” mentality we’ve seen over the last few years — are in pretty decent shape. Looking at the numbers, this presents as an uptick in median runway length, a decrease in operating expenses, and an encouraging rise in profitable revenue.

Startups aren’t doing as badly as you might think

Thu Dec 21, 5:29pm UTC
https://techcrunch.com/2023/12/21/doom-and-bloom/ > In the face of recent economic downturns and fears of a startup bubble-burst, it may be surprising to hear that startups are faring better than you might think. I’ve been talking to a bunch of founders who are struggling to raise funding — and that is a real problem — but there are some startups that focus on the business fundamentals that are still thriving. > A deep dive into the data from startup accounting firm Kruze Consulting shows that startups that can keep an eye on the fundamentals — that is, those that are running more like a “real” business, rather than the “growth at all costs” mentality we’ve seen over the last few years — are in pretty decent shape. Looking at the numbers, this presents as an uptick in median runway length, a decrease in operating expenses, and an encouraging rise in profitable revenue.