Making your startup fundable despite unpredictable exits
In periods when acquisitions slow and public markets remain volatile, the traditional startup narrative of rapid growth followed by a clear exit becomes less reliable. Investors adapt their criteria, and founders must respond accordingly. A “fundable” startup today is less about projecting a near-term liquidity event and more about demonstrating resilience, capital efficiency, and durable value creation under uncertain exit conditions.Capital Efficiency as a Fundamental IndicatorWhen exits are less predictable, investors prioritize how effectively a startup converts capital into progress. This shift reflects a broader market reality: venture capital funds may need to hold investments longer, making burn rate and…