With only 5m in the bank, 12m burn and 130m in revenues, is there any way to optimize your cash flow? If you can get a 180 day line of credit from your suppliers your runway will look a lot better. Your suppliers are the only ones who care if you go out of business, and if you’ve worked with them for a long time they hopefully like you.
And you have to cut costs too. It’s not fun but you have to do it. Renegotiate every contract, and just stop paying for things that you don’t 100% need.
And you have to cut costs too. It’s not fun but you have to do it. Renegotiate every contract, and just stop paying for things that you don’t 100% need.