Oct
12th
Sun
12th
“VCs that were all hot and heavy to jump in have said, ‘Can you please do a nuclear winter scenario for us and say, if all hell breaks loose, how long can you make the cash last?’” according to [Betty] Kayton, who previously has worked as CFO at educational products company LeapFrog Enterprises Inc. and refers to herself as a “rent-a-CFO.” -VentureWire, “Backup Plans A Part Of Start-Up’s Pitches,” 10/09/08
The new “downside” scenario in a standard modeling exercise looks much more gloomy.