Spend every dollar as if it were your last: Sequoia

10 October, 2008

Sequoia Capital recently gave a long, 56-slide, PowerPoint presentation to its portfolio company CEOs. One of the slides offers possible solutions to face the economic downturn. According to the VC firm, startups should “perform situation analysis, adapt quickly, use a zero-based budgeting approach, make cuts, review salaries, employ a heavily commissioned sales structure, bolster balance sheets, become cash flow positive as soon as possible, and spend every dollar as if it were your last.”

Sequoia Capital on startups and the economic downturn

View SlideShare presentation or Upload your own. (tags: downturn finance)

[via VentureBeat ]

« Back | E-mail to a friend | Print

by VenturenBeater on 12 October, 2008

Submitted by VenturenBeater (not verified) on Mon, 10/13/2008 - 09:25.

dont copy paste like an idiot

US economy and indian are very different

by Guest on 12 October, 2008

Submitted by Guest (not verified) on Sun, 10/12/2008 - 20:16.

This was featured in techcrunch.com a long time back. :(
Old news.

by Guest-xkcd on 10 October, 2008

Submitted by Guest-xkcd (not verified) on Fri, 10/10/2008 - 19:48.

Pathetic presentation - and it applies mainly to US startups.

Are Indian startups having more trouble raising money than before? If so make a ppt yourself with the supporting data and put it up. Dont paste some silly Sequoia Capital ppt relating to the US economy and pass it off as journalism.