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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Databricks CEO, Ali Ghodsi on The 3 Phases of Startup Growth, How to Evaluate Risk and Downside Scenario Planning & Who, What and When To Hire When Scaling Your Go-To-Market

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

how things pan out if you don’t cut staff fast enough

In 2016, the market changed and raising money became harder for many companies. Some companies burned through their cash and couldn't secure more funding. This led to layoffs and a loss of credibility. It is important to raise money and have a financial runway.

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