[bostik]

The money might not be in the bank.

For many (even unicornish) startups the funding is released in tranches, usually tied to certain performance metrics. With drastically reduced revenue, new customer flow all dried up, and even marketing result graphs simulating nosedives, there aren't that many milestones you could hit.

If [enough] performance milestones are missed, company's next batch of on-paper funding pot may not be released.