I have been running the 1Mby1M global virtual accelerator since 2010. I find myself saying to entrepreneurs ad nauseam that VCs want to invest in startups that can go from zero to $100 million in revenue in 5 to 7 years, which is hypergrowth.
There is a Twilight Zone in which many venture funded startups exist. The company isn’t growing at a high velocity. No further financing is viable. No exit is viable either. What happens to such startups? And how do you avoid becoming one of these walking deads?