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After years of free-flowing capital, Silicon Valley startups and VCs have a newfound obsession with cash

4 days ago   |   By Business Insider

Venture capitalists and their portfolio companies have placed a newfound premium on cash in the wake of the coronavirus crisis.
Prior to the COVID-related downturn, money was free flowing in Silicon Valley; now, though, not so much.
Venture investors have pushed their portfolio companies to cut expenses and find alternative sources of money to extend their so-called runways to as much as two years worth of cash burn.
Thus far, the focus on cash has worked; the investors who spoke to Business Insider said they hadn't yet had to shut down any of their portfolio companies.
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