u/michaelnovati replied · · edited
Feel free to DM me the company and I can give a quick analysis. (Ex-FB 8 year, E7 principal eng, A16Z backed startup now) - or share here if you are comfortable.
1. Ask them about runway. A company in great shape right now will have > 24 months of runway - which is unlikely.
2. If the runway less than a year, find out if they are actually making revenue, or if they are just burning through cash with no path to making money.
3. Look at their investors. If they are top tier investors, it might give them more options to keep the ship running if things get worse and absolutely they will have access to good advice regardless.