What happens to funded startups that can't raise any more funding?
We enter the funding "No Man's Land" where startups go to linger and eventually die a very long, unceremonious death. No one talks about it — certainly not the Founders who are left with the breathing corpse that was their once-hot startup. Certainly not the investors who have written off their investment long before anyone else.
Yet everyone knows we're digesting in the Sarlacc pit for a thousand years without any idea what to do about it.
Having been in this fiery wasteland more times than I care to admit, I learned that at some point Founders have pretty much three options to escape, and "we'll just hold out for funding" isn't one of them.
Let's start with per...