Accel's 2015 portfolio held an average 16 months of cash runway
Brian O'Malley · 20VC: Accel's Brian O'Malley On The Prioritisation Of Growth, The Metrics That Show True Customer Retention & Why The Most Interesting Companies Create A Market · May 4, 2016 · at 9:42
Brian O'Malley, Partner at Accel, details the cash reserves and runway across Accel's active portfolio during a tech market slowdown.
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“At the end of last year, the vast, vast, vast majority of companies had more than 12 months of cash. I think of the 105 active portfolio companies something in the high nineties had more than 12 months of cash with the average being closer to 16.”
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