Navigating Market Cycles: How to Extend Your Web3 Startup's Runway for Success

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Extend your startup's runway with strategic financial planning and the support of Cronos Accelerator Program's $100M ecosystem.

Having a sufficient runway is more than just a number. It's a vital metric that guides your budgeting, strategic planning, forecasting, and fundraising efforts. In 2023's unpredictable fundraising climate, with high inflation proving persistent across most major economies and investors becoming extremely cautious, exploring alternative approaches to extending your startup's runway has grown into a pressing priority.

Making the right decision depending on your start-up’s unique position and approach, regardless of the current market trends, is fundamental. Preparation and Leg Work for the Next Bull Market Fundraising in a crypto bear market presents unique challenges, making it a strategic move to consider holding off until the next market cycle. To prepare for the next bull market, it’s often beneficial to start socialising with investors as early as possible before you really need the money.

 

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