“RESERVES EXHAUSTION” IS COMING TO VENTURE-BACKED STARTUPS IN 2024. EVEN REALLY GOOD ONES.

Summary from the TLDR Founders newsletter

Beyond right-sizing and maximizing your cash runway, sometimes even your investors run out of cash, even if your business is booming. The reckoning is coming for a lot of really good companies. Deals will be had on the cheap coming in Q1’24.