I was a cofounder when rip good times came out. We were not a sequoia company but in hindsight we were really appreciative they published their advice publicly. Our team happened to be at a quarterly offsite when it came out. I remember we fiercely debated whether or not to believe it but we eventually came out of the offsite taking action - we cut founder salaries significantly, cut other non essential priorities, adjusted our forecasts and expectations and had an all hands meeting where we informed our employees that we’d extended our runway by another year and the cuts we’d made were to preserve their roles. Things turned out nearly exactly as sequoia predicted - we had just enough cash to grow the business, keep everyone on board, and get to an exit without raising another round. I’m hopeful coronavirus won’t be as bad across the board but I would strongly think about my alternatives before betting against sequoia.