
Dealmaking in a Recession - Morgan Beller, General Partner, NFX; Jordan Roberts, Partner, Fenwick & West
The HLEP Podcast
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Is It Burn Rate Fundraising or Profitability Concerns?
Jordan: The largest cost center for any startup is going to be headcount. He says that in many cases there's no binding requirement that they have to doYeah it's more it's a collaborative effort um and oftentimes it's founders coming to their investors as to get a gut check of what you know of how they're approaching their investments Generally right so they maybe had an idea that they were going to go raise in spring of 2023 and and want but you know I don't know all these things in the news and headlines, he said.
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