MG Siegler wrote a piece today titled, “John Doerr: 10 ways for companies to stay afload in rough times” here is the list:
- Act now.
- Protect the vital core of the business.
- Get 18 months (or more) of cash.
- Re-prioritize and rerationalize all your research and development.
- Negotiate.
- Everyone in your organization should be selling the product.
- For bonuses, offer equity instead of cash.
- Pay attention to where your cash is.
- For the revenues you plan on getting, look for leading indicators.
- Over-communicate.
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