In the face of recent economic downturns and fears of a startup bubble-burst, it may be surprising to hear that startups are faring better than you might think. I’ve been talking to a bunch of founders who are struggling to raise funding — and that is a real problem — but there are some startups that focus on the business fundamentals that are still thriving.
A deep dive into the data from startup accounting firm Kruze Consulting shows that startups that can keep an eye on the fundamentals — that is, those that are running more like a “real” business, rather than the “growth at all costs” mentality we’ve seen over the last few years — are in pretty decent shape.
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