Return to site

Startup survey: More than 50% of companies have less than 6 months of cash runway to survive

(Bigstock Photo)

For startups, cash is king during an economic crisis. The more dollars in the bank, the longer a company can survive as revenue dries up.

More than half of Seattle-area startup leaders surveyed by the Washington Technology Industry Association said that they have less than

https://contacted.org/2020/05/startup-survey-more-than-50-of-companies-have-less-than-6-months-of-cash-runway-to-survive/