2min chapter

This Week in Startups cover image

Ask an Angel with Zach Coelius: practical advice for founders and investors in a downturn | E1512

This Week in Startups

CHAPTER

Are You Playing Pielo Now or No?

i think people's betting tegy has changed. We're st i'v seeng that right now we have number of companies who are raising what we're going to be very healthy bridges, like tons of runway,. And the demand from existing investors and new investors, is liketic, 60, 70, 80 % down. So leo teyl, you know, they'll raise enough money to stay alive, but they're going to have to, like, bisly. They can't be back in the gogo, let's throw money at random stockdays. The free money is gone. Youc do some crazy old school venture bet you know, like tom perkins did

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