Strict Standards: call_user_func_array() expects parameter 1 to be a valid callback, non-static method GoogleSitemapGeneratorLoader::Enable() should not be called statically in /home/cfolounge/cfolounge.com/wp-includes/plugin.php on line 311
Gurley Wisely Advises Startups To Tighten Their Hatches | CFO Lounge

Gurley Wisely Advises Startups To Tighten Their Hatches

Mon, Oct 13, 2008

Down to Business

In this TechCrunch article, Bill Gurley, General Partner at Benchmark Capital, tells CEOs and CFOs of startups that now is the time to conserve coin and hunker down.

Also in the article, the following points are made by a CEO who went through major layoffs during the dot bomb crash in 2000:

  • You don’t realize how fast things spin out of control. There are self‐reinforcing negative affects in a downturn.
  • Don’t spend money until you have to
  • Better to be “late to the party” than to be early and run out of money
  • Line item review of the budget every month (legal, accounting, everything)
  • Not just a CEO mindset, but a company mindset
  • Create 2 or 3 different burn scenarios - know at any point in time how many months of cash is left.

This post was written by:

Chad Cohen - who has written 51 posts on CFO Lounge.


Contact the author

96 Comments For This Post

  1. Nice Offices Says:

    What does this mean for the likes of Zillow? Any plans to give up the free pop, plush offices with a view of Elliot Bay, or the half days?

  2. PartyPoker Says:

    Great post but I was wondering if you could write a litte more on this subject? I’d be very grateful if you could elaborate a little bit more. Kudos!

  3. referencement Says:

    Greetings! I’ve been following your site for some time now and finally got the courage to go ahead and give you a shout out from New Caney Tx! Just wanted to mention keep up the great work!

  4. coiffeur paris 2 Says:

    When I initially commented I clicked the “Notify me when new comments are added”
    checkbox and now each time a comment is added I get several e-mails with the same comment.
    Is there any way you can remove me from that service?
    Thanks!

  5. robe avocat Says:

    Hey fantastic website! Does running a blog like this require a large amount of work?
    I’ve virtually no understanding of programming however I was hoping to start my own blog soon. Anyways, should you have any suggestions or techniques for new blog owners please share. I know this is off topic but I simply needed to ask. Thank you!

  6. volet roulant lame orientable Says:

    I know this if off topic but I’m looking into starting my own weblog and was wondering what all is required to get set up? I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very internet smart so I’m not 100% sure. Any recommendations or advice would be greatly appreciated.
    Kudos

  7. garcinia cambogia Says:

    Thank you for every other magnificent article. Where else may just anyone get that type of info
    in such an ideal approach of writing? I’ve a presentation next week, and I am at the search for such information.

  8. serrurier Says:

    Now I am going away to do my breakfast, later than having my breakfast coming again to read other news.

  9. http://yourls.dineshjumani.com Says:

    Actually when someone doesn’t be aware of then its up to other viewers that they will help, so here it happens.

  10. serrurier Says:

    Thanks for the marvelous posting! I truly enjoyed reading it,
    you could be a great author. I will make sure to bookmark your blog and will come back someday.
    I want to encourage you to ultimately continue your great writing,
    have a nice morning!

  11. plomberie Says:

    Hello my loved one! I wish to say that this article is
    awesome, nice written and come with approximately all important infos.
    I would like to peer more posts like this .

  12. societe referencement Says:

    {

  13. formation referencement Says:

    formation referencement

  14. brother 2270dw Says:

    Another strong point of this printer is its output quality.

    This Brother printer is inexpensive, particularly
    for a laser printer with auto-duplex, and is wireless.
    This compact laser printer only prints in black and white at a speed of up to 27 pages per minute.

  15. CHeap Hostgator Hosting Says:

    Good respond in return of this question with firm
    arguments and describing everything about that.

  16. Fake Oakley Sunglasses Outlet Says:

    Oakley sunglass outlet which he launched in ‘97
    Fake Oakley Sunglasses Outlet

  17. seo monitor Says:

    I was recommended this blog by way of my cousin. I’m not positive whether this
    publish is written by him as nobody else know such specified approximately my trouble.
    You are wonderful! Thank you!

  18. best anabolic steroids for cutting Says:

    Howdy would you mind stating which blog platform you’re working with?
    I’m looking to start my own blog soon but I’m having a hard time deciding
    between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because yoyr design seems different
    then most blogs and I’m looking ffor something completely unique.
    P.S My apologies for getting off-topic buut I
    had to ask!

  19. Brian Says:

    Right here is the right webpage for anyone who hopes to understand this topic. You realize so much its almost hard to argue with you (not that I personally would want to…HaHa). You definitely put a new spin on a topic that has been written about for many years. Great stuff, just wonderful!

  20. lamp shades Says:

    Everything is very open with a clear explanation of the
    challenges. It was definitely informative. Your site is very useful.
    Many thanks for sharing!

  21. gta news Says:

    This design is steller! You obviously know how to keep a reader entertained.
    Between your wit and your videos, I was almost moved to start my own blog (well,
    almost…HaHa!) Great job. I really loved what you
    had to say, and more than that, how you presented it.
    Too cool!

  22. Top Nike Bot Says:

    Every weekend i used to go to see this web page, for the reason that i want enjoyment, for the reason that this this web
    site conations truly nice funny data too.

  23. World of Tanks Blitz Hack Says:

    Despite what exactly a lot of may possibly feel, world of tanks
    hack tool 2014 is well known over countless
    nations around the world all over the world. Wait for your targeting reticle to shrink to
    the smallest size (called “max aim”) and throw shells into the very front or very rear tread wheels
    on enemy tanks. world of tanks cheats 2014 features a big function throughout Us Way of life.

  24. portsmouth high school calendar Says:

    Self-mutilation has been a problem that has existed for a long time.
    If a rough estimation is made, it would be discovered that Nasarawa
    State can make at least modest revenue of forty thousand naira (N 40,000),
    daily as royalties and fourteen million, six hundred thousand naira per annum.
    One of them was 17 and the younger one was 13 and they died a year apart.

    Have a look at my website: portsmouth high school calendar

  25. http://ottwoieibuttesrell.blog.com/2014/04/16/do-not-worry-about-the-putting-on-weight Says:

    I do not even know how I ended up here, but I thought
    this post was good. I do not know who you are but certainly you are going to a
    famous blogger if you aren’t already ;) Cheers!

  26. Tricia Says:

    An intriguing discussion is worth comment. I think
    that you need to write more about this subject matter,
    it may not be a taboo subject but usually people don’t speak
    about such topics. To the next! Best wishes!!

  27. bioingenios.Ira.Cinvestav.mx Says:

    Hi i am kavin, its my first time to commenting
    anywhere, when i read this paragraph i thought i could also make
    comment due to this brilliant piece of writing.

  28. Find Out More Says:

    I used to be able to find good information from your articles.

    My web blog; Find Out More

  29. Freddy Says:

    Hey there, You’ve done a great job. I’ll certainly digg
    it and personally suggest to my friends. I’m confident they
    will be benefited from this web site.

  30. Iowasaturdayschool.Com Says:

    Hello, this weekend is nice for me, as this moment i am reading this wonderful educational post here at my residence.

  31. temple run 2 hack Says:

    Generally, the study did show that violent video games is top notch engineers
    temple run 2 hack will help you make out a stack of blocks, promote reading without ever touching paper.

    This is especially true in terms of graphics, new console games.
    Since there’s temple run 2 hack very little or earn a living?

    I was thinking that seems to actually play temple run 2 hack the instrument
    itself. Which system that rarely embedded on online websites that
    are deliberate, slow moving, which could lead to EverQuest, the opponents like in the
    end update them.

    Feel free to visit my homepage: Temple run 2 hack

  32. download company of heroes 2 the western front Says:

    This 3-D game puts you mentally in the $65 range.
    It is also used to describe or enhance the gaming
    industry, and you’re good. Interactive Entertainment announced on Wednesday 27 August, 2008 issue of Obesity, author Ann E.
    A significant benefit of business they have a material product shipped
    to you when it comes to backing up your skills! Then during your gameplay so you can challenge your friends over the nation orchestra
    and symphonies have been a couple of download company of heroes 2 the western front decades.

  33. Desiree Says:

    It’s awesome in support of me to have a website, which is
    beneficial in support of my experience. thanks admin

  34. Major Says:

    I read this piece of writing fully regarding the resemblance of newest
    and earlier technologies, it’s remarkable article.

  35. Http://Www.Sharpefinance.Com/Userprofile/Tabid/57/Userid/36248/Default.Aspx Says:

    Yesterday, while I was at work, my sister stole my
    iPad and tested to see if it can survive a thirty foot drop, just so she can be a youtube sensation. My iPad is now broken and she
    has 83 views. I know this is totally off topic but I had
    to share it with someone!

  36. Selene Says:

    I like the helpful information you provide in your articles.
    I’ll bookmark your weblog and check again here frequently.

    I’m quite sure I’ll learn a lot of new stuff right here!
    Best of luck for the next!

  37. Santiago Says:

    I am really enjoying the theme/design of your website. Do you ever run into any web browser compatibility problems? A couple of my blog visitors have complained about my blog not operating correctly in Explorer but looks great in Firefox. Do you have any suggestions to help fix this issue?

  38. Orlando Says:

    What’s up it’s me, I am also visiting this web page on a regular basis, this site is really fastidious and the users are in fact sharing pleasant thoughts.

  39. Senaida Says:

    Terrific post however I was wondering if you could write a litte more on this subject? I’d be very grateful if you could elaborate a little bit further. Thanks!

  40. Kayleigh Says:

    Very shortly this web page will be famous among all blogging people, due to it’s good posts

  41. yahoo.com Says:

    The rationale is that you might consider getting Sit Stay Fetch.
    Just don’t underestimate the woman’s carefully and puppy
    training - yahoo.com - make his lessons as part of your
    pet is acting appropriately. Use his name and mailing
    address information to: training@sotc. Doing so will provide you with it, the SEALS had a dog s behavior is simply a pup at home
    and family without being handled is important to hire professionals?
    Such type of dog training treat.

  42. rich froning gear Says:

    Thiѕ article is genuinely a nice one it assists neww net people, ѡho arе wishing for blogging.

    Visit mу web blog … rich froning gear

  43. Zak Says:

    I’m gone to convey my little brother, that he should also pay a quick visit this website on regular basis to obtain updated from newest news.

  44. Rosita Says:

    naturally like your web-site but you need to test the spelling on several of your posts. A number of them are rife with spelling problems and I to find it very bothersome to tell the truth on the other hand I will surely come again again.

  45. Darwin Says:

    I savour, result in I found just what I was looking for. You have ended my four day lengthy hunt! God Bless you man. Have a nice day. Bye

  46. Kristopher Says:

    A fascinating discussion is worth comment. I think that you ought to publish more on this issue, it might not be a taboo matter but typically folks don’t discuss such subjects. To the next! Best wishes!!

  47. Danae Says:

    If some one wants expert view about blogging and site-building after that i recommend him/her to visit this web site, Keep up the pleasant job.

  48. Joellen Says:

    For those who are interested in learning more about chickens and pest control boston, Salem,
    Portland and many other Northwest cities offer “coop tours. A more carefree approach is a permanent four-sided coop built in the middle of the garden. You may as well use boiling water or vinegar in a sprig bottle, however remember, vinegar will also destroy your vegetable crops so use cautiously.

  49. Marti Says:

    Excellent blog post. I absolutely appreciate this site.
    Thanks!

  50. Edwin Says:

    If you don’t have any suggestions what Facebook supporters are subsequently don’t fear at
    all.
    Once this occurs and the free space drops below 15% you will
    encounter a big fall in effectiveness.

  51. www.anonysocial.com Says:

    Right now it seems like BlogEngine is the top blogging
    platform out there right now. (from what I’ve read) Is that
    what you’re using on your blog?

  52. myvcsv.co.za Says:

    great points altogether, you simply received a new reader.
    What could you recommend in regards to your publish that you made a few days ago?
    Any sure?

  53. kama weapons Says:

    Those centers that do choose to train with martial arts weapons
    usually choose to do so at the more advanced levels.
    “[T]here is no clinical evidence to support that [cushioned running shoe] design is optimal to promote the long-term health of runner,” the study explains.
    There are also multi-sided bo staffs such as octagonal but
    these are much less common than the usual round, circular versions.

    Feel free to visit my website; kama weapons

  54. Juliann Says:

    This is a great tip especially to those new to the blogosphere. Simple but very accurate information… Thank you for sharing this one. A must read post!

  55. download whatsapp for pc windows vista Says:

    For now, my vote goes to WhatsApp for its simple procedure and popularity.
    Virus/Spyware is a program that been developed to harm your computer and occasionally your privacy
    too. You can also try using USB Memory as a booster.

  56. Abbey Says:

    Fantastic beat ! I wish to apprentice at the same time as you amend your web site, how can i subscribe for a weblog site? The account helped me a appropriate deal. I have been a little bit acquainted of this your broadcast provided vivid transparent idea

  57. Galen Says:

    Hey there! Quick question that’s totally off topic. Do you know how to make your site mobile friendly? My blog looks weird when browsing from my iphone 4. I’m trying to find a theme or plugin that might be able to resolve this problem. If you have any recommendations, please share. Thanks!

  58. Bernice Says:

    They started out to produce correct pocket watches
    and chronometers. The capability to make the choices that are right once we move forward
    toward our targets. Each melody is advised being a different kind
    of music.

  59. Kaitlyn Says:

    Magnificent goods from you, man. I have understand your stuff previous to and you are just extremely fantastic. I really like what you’ve acquired here, really like what you’re saying and the way in which you say it. You make it entertaining and you still care for to keep it sensible. I can’t wait to read much more from you. This is really a wonderful website.

  60. Angeline Says:

    Oh my goodness! Awesome article dude! Thank you, However I am going through problems with your RSS. I don’t understand the reason why I cannot subscribe to it. Is there anybody having the same RSS issues? Anybody who knows the solution will you kindly respond? Thanks!!

  61. http://www.crunchwear.com Says:

    If you are planning an expansion to your property
    its simple that you need to acquire and then install additional
    security sensors in order to protect an extended section of your own house.
    One of the advantages of wireless doorbells is that the end unit with the bell or chimes unit can be left mobile and taken from room to room,
    even into the garden; such is the ease of mobility, without
    being tied down literally to a set of cables and wires.
    Seal the gaps with the help of a trim molding and you are now ready
    to enjoy the benefits of your system.

  62. Jerri Says:

    If you wish for to take a great deal from this piece of writing then you have to apply such strategies to your won web site.

  63. Jackie Says:

    Tremendous issues here. I am very glad to see your article. Thank you so much and I’m looking ahead to contact you. Will you please drop me a e-mail?

  64. Ground Beef Tacos Says:

    I have read several just right stuff here. Definitely price bookmarking for revisiting.
    I wonder how a lot effort you place to make
    any such wonderful informative site.

    My weblog Ground Beef Tacos

  65. mortgage predictive dialer Says:

    My partner and I stumbled over here coming from a different page and thought I
    might check things out. I like what I see so now i’m following you.
    Look forward to looking over your web page yet again.

  66. Shanna Says:

    10 to 15 (multi-exercise movement)- rest 90 seconds.
    Aikido focuses on realizing synchronization between ‘ki’ (spirit) and ‘tai’ (the
    body). table tennis fitness components, table tennis fitness components.

  67. cool cydia tweaks for ipod touch 2g Says:

    Can you operate Skype on a non Wifi network for totally free?
    Unlocking your gadget will not harm it or affect its perform.
    It is all right there for you to see with simplicity. What do you all believe the
    iPad mini will consist of?

  68. http://topwhatsappforpc.wordpress.com/ Says:

    This causes it to be really vital that you know about some safety norms
    while using Facebook. That Facebook site can subsequently divert the traffic to your internet site.

  69. g force bo staff Says:

    During an interview, composer Lalo Schifrin revealed that Bruce often trained to the
    “Mission Impossible” TV Show soundtrack. As the title of this article indicates, we have to focus on more details about the
    BEST self defense items. The only Black Belt that has any street credibility now is a Gracie,
    Machado, or a few other Brazilian Jiu Jitsu Black Belts.

    Here is my web site … g force bo staff

  70. dietformula Says:

    Hi there, always i used to check web site posts here early in the break of
    day, because i love to learn more and more.

    Have a look at my web page; dietformula

  71. treadclimber Says:

    In a recent study, the majority of kids ages 12-15 are spending their summer days in front of the
    computer, watching movies and television, and shopping at the malls.
    Think about the demographic of the user, the size of the space and
    of course the budget. Get ready to become fit and have an amazing immune system
    that will make sure your visits to the doctor cue to illnesses
    are reduced significantly.

  72. architect light Says:

    However, no matter what tricks you apply and tips
    you follow, your personal interaction with the architect
    will create the best impact. There are benefits to both types
    of green architects. This really is the purpose why pretty much each of
    the architects describe themselves as becoming essentially the most innovative.

  73. Harland Says:

    It’s great to read all this useful information on dog training.
    I have a concern however. How do you work with an older
    dog?

  74. Eduardo Says:

    to improve your core knowledge by tripling (3x) your. A learning log (or journal) should be very personal to you, of course, so whatever layout or format suits you for reflecting on your past or planning for your future, is fine. Same games played in these casinos are slot machine games, random number, poker, blackjack and many more.

  75. click for more Anglia Tool Centre Coupon Code Says:

    I do accept as true with all the ideas you have offered
    for your post. They’re very convincing and will certainly work.
    Still, the posts are very brief for newbies. Could you please
    lengthen them a little from subsequent time? Thanks for the post.

  76. Berlin Pass Coupons Says:

    Excellent post. I used to be checking constantly this blog and I am impressed!
    Extremely helpful info specially the closing section :) I handle such information much.
    I used to be seeking this certain info for a long
    time. Thank you and good luck.

  77. angry birds friends hack ifunbox Says:

    The majority of Spain s broadband users could only access around 1mb/s in 2006
    banned online gambling to realize wide range
    of multiplayer 3D games tend to be attracted to cell phones.
    This way, one can add angry birds friends
    hack to our mobiles. Many enthusiasts would prefer to reflect fashion trends
    as their wall paper designs and a compelling business case,” The popularity of such games. Within four months the game alive for any journalist’s career.

    My web-site angry birds friends hack ifunbox

  78. download wasteland 2 full game Says:

    In a recent survey conducted by a whopping 2. All conditions,
    mobile software, Apple will continue enjoying the latest mobile
    games UK. You are able to see how the console
    does alongside Valve’s system when it releases later this month.
    These corporations invest a little money. To study publications is some thing new.
    An online Entertainment portal offering complete mobile
    applications like free downloadable wasteland 2 download mobile software, themes, every
    step is highlighted with lighting, special
    sound effects.

    My page: download wasteland 2 full game

  79. Shelby Y. Coroniti Says:

    Oh my goodness! Amazing article dude! Thank you so much,
    However I am experiencing issues with your RSS. I don’t understand why I cannot subscribe to it.
    Is there anyone else getting similar RSS issues? Anyone that knows the answer will you kindly respond?
    Thanx!!

  80. apple Says:

    After I originally commented I seem to have clicked
    the -Notif me when new comments are added- checkbox and now whenever
    a comment is added I get 4 emails with the exact same comment.

    Perhaps there is a means you are able tto remove me from that service?

    Thanks a lot!

    Visit my web site :: apple

  81. air purifier allergies Says:

    WOW just what I was searching for. Came here by searching for gold
    watches

  82. Datahub.io Says:

    Hey, I think your site might be having browser compatibility issues.
    When I look at your website in Opera, it looks fine but
    when opening in Internet Explorer, it has some overlapping.

    I just wanted to give you a quick heads up! Other then that, great blog!

  83. term life insurance Says:

    you’re in reality a just right webmaster. The web
    site loading velocity is amazing. It kind of feels that you are doing any unique trick.
    Moreover, The contents are masterpiece. you’ve done a magnificent
    task on this subject!

  84. http://Www.axiombts.com Says:

    It’s awesome designed for me to have a web site, which is useful for my
    know-how. thanks admin

  85. thrivingbusiness.zendesk.com Says:

    Pretty! This has been an incredibly wonderful post.
    Many thanks for providing these details.

  86. diabetes protocol treatment Says:

    obviously like your web site but you need to take a look at the spelling on quite a few of your posts. Several of them are rife with spelling issues and I in finding it very bothersome to tell the truth then again I’ll surely come again again.|

  87. Rick Says:

    However, nothing should stop you from spicing up your look. Plan a visit to some outlet stores on your schedule. It is eco stylish for the environmentally aware student.

  88. Barbara Says:

    Surprising site, a terrific study. I can take a seat the following all day

  89. Dermaluxe Skincare Says:

    I am actually grateful to the owner of this website who
    has shared this wonderful post at here.

  90. Jamie Says:

    Chaweng is koh samui beach hotels (Jamie)’s
    hottest beach, and resorts within the space have direct access to
    the shoreline and the island’s thrilling evening scene.

  91. Alvena Skincare Ingredients Says:

    Hello my friend! I want to say that this post is amazing, great
    written and include approximately all important infos.

    I would like to look extra posts like this .

  92. linksminadas.lt Says:

    Hey, I think your site might be having browser compatibility issues.
    When I look at your blog site in Safari, it looks fine but when opening in Internet Explorer,
    it has some overlapping. I just wanted to give you a quick heads up!

    Other then that, awesome blog!

  93. http://tinyurl.com/02b8a67caedeee71b8cf6791d2ec1caf Says:

    Great info. Lucky me I recently found your blog by accident (stumbleupon).

    I’ve saved as a favorite for later!

  94. shop cheap jerseys Says:

    shop cheap jerseys -
    Professional Cheap T Shirt Jerseys Outlet Sale, 74 Paul Fanaika Jersey From China Store for NFL Fans.
    Buy Discount NFL Football Jerseys, Hockey jerseys here.

  95. http://www.simpletext.co Says:

    Hallo! Ich habe folgende Lese Ihre Websitre für eine lange Zeitt jetzt und endlich die Tapferkeit
    Mut, gehewn Sie vvor und geben Ihnwn a shout out voon Gepäckträger Tx!
    Gerade wollte Ihnen sagen, sagrn weiter so fantastischen Job!

  96. Calculate Final Grade Weighted Says:

    Yesterday, while I was at work, my sister stole my iphone and
    tested to see if it can survive a forty foot drop, just
    so she can be a youtube sensation. My apple ipad is now destroyed and
    she has 83 views. I know this is completely off
    topic but I had to share it with someone!

Leave a Reply