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David Sacks: SaaS Metrics, Tech Cycles & Fundraising in a Down Market
"World of DaaS"
Fundraise Nine Months Before Cash Out Date
If you have two years of runway, that's not two years to operate your business and improve your metrics until you have to fundraise. And this environment could be a year before they have to start. You really need more cash than you think you do. Really you're looking to raise nine to 12 months before your cash out date.
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