Raise Millions by Hustle Fund VC Page 131 currently have 18-24 months of runway so we have some buffer in case we don’t hit $10M in 12 months. But the goal is crystal clear. Founders often forget to share this crucial piece of info with their team. They usually go out for a nice dinner and celebrate. Then everyone just goes back to work. But your team needs to be in the loop. Transparency builds trust. Share how much runway the company has left and what the team needs to achieve together to get everyone on the same page. 3. This could be our last fundraise… The final thing you should share is the most cheerful point of all: everything could go in flames tomorrow. It’s currently January 2024. We’re in a downturn right now. Raising capital has gotten harder. Maybe the economy will get worse. We don’t really know what’s going to happen. With all this uncertainty, it’s hard to predict whether or not you’ll be able to raise money in the future. So the goal here is to stay alive. There’s no need to incite panic, but help your team understand that every dollar is precious. Just because you have more of it now than you did a few months ago doesn’t mean you can waste it. Raising money after you achieve your big milestones is not guaranteed. hustlefund.vc / @hustlefundvc