[sg_gabriel]

>"But he talks about having plenty of cash"

I think he's talking in absolute terms versus relative terms that founders are used to thinking in.

Imagine that you have $3 million in runway, but you are burning $500K a month. That only gives you 6 months of runway.

It takes perspective to zoom out to realise - "Hey, I actually have $3 million in the bank. That's a lot of money. If I can somehow reduce costs to $150K a month, I actually have 20 months of runway to figure things out."

Unfortunately, this means "cutting more than needed".

[digitaltrees]

Exactly. That survival will be better for everyone, even those you have to lay off because you can build from there and likely hire some of them as things stabilize.