Gartner Research

Tech CEOs With 6 Months of Cash or Less: What You Need to Do Immediately

Published: 26 April 2023

Summary

Current economic events are stalling companies worldwide and threatening short- and long-term revenue and profits. For companies with less than six months of financial runway, tech CEOs must take drastic action immediately.

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Overview

Key Findings
  • Tech CEOs often find the business is down to three months left in cash and with little or no hope of raising money or selling its way out of the problem.

  • Tech CEOs have up to six months’ cash runway available, but the next financial moves are not clear or understood as to the critical nature of the success of the company.

  • Tech CEOs have greater than six to 12 months of cash, but are not taking into account the effects of the economy slowing sales cycles, and the next round of funding is often pushed.

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Tech CEOs who are in

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