That’s on the founders and management, not the VC. You can choose to plan ahead and make sure you treat employees and customers fairly based on tracking your expenditures and reserves or you can run into the wall at full speed.
We did this. It wasn’t that hard but it required a lot of honesty. Having been through it I’m always shocked when startups fail with no warning.
We did this. It wasn’t that hard but it required a lot of honesty. Having been through it I’m always shocked when startups fail with no warning.