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Things are getting crazy out there and a letter from Y Combinator is circulating.
Things are getting crazy out there and a letter from Y Combinator is circulating that illustrates what some of the smartest folks out there are thinking about right now. Y Combinator is a major accelerator program that appears to be sounding a major alarm right now. The image of the letter appears to be missing the postscript:
"PS: If for any reason you believe this message does not apply to your business or you need someone to say it to you in person to believe it…please reassess your beliefs monthly to make sure you don’t. Don’t drive your business off a cliff. Also remember that you can always contact your group partners."
This is another clear signal that smart founders should be thinking about their business and how they're going to raise money/reduce burn ASAP.
If you've got a comment or question for the show, you can e-mail us at show@resultsjunkies.com. You can find Paul and Ed online @paulsingh and @pizzainmotion.