A bunch of startups might be in better shape than you think

Earlier today, TechCrunch+ published an open letter to startups from Index Ventures partner Mike Volpi with advice for startups that have different levels of runway. In short, the more cash that a startup has, the more latitude it will have to be aggressive in the present downturn and the looming recession.
We caught up with Volpi last week to talk through his perspective on the market, the disconnect between venture performance and startup operating results, and what portion of startups might be in reasonable shape to attract capital and grow despite a risk-off investing environment.
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