• The ‘ideal runway' is a myth, isn't it?

    4 days ago - By Tech Crunch

    When it comes to advice, tech loves standardization. Startups are often told that there are certain metrics to hit, deadlines to meet, timetables to measure themselves against.
    Examples abound: Here's the ideal amount of money to raise at your Series A round; here's how many employees you should have before hiring this executive; here's what stage to hire legal counsel; and, most recently, here's what percentage of staff you should lay off if you're unable to access more financing.
    (The answer is 20% of staff, depending on who you ask).
    There's a response to some of these general...
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