As we head into a potential economic downturn, startups face more uncertainties in their business and VC fundraising prospects. In this climate, it is wise for startups to implement a downturn playbook to prepare for various financial impacts and build contingencies proactively. Burkland has built a presentation that reviews a recommended downturn playbook for startups. The presentation covers four steps when building a downturn playbook.
Startup Downturn Playbook
- Keep your ear to the ground
- Adjust your fundraising expectations
- Know your runway and seek to extend
- Build scenario plans
For more details on each step, download your copy of the full presentation.