[TuringNYC]

More likely: Worried about runway given difficultly of raising capital, cutting down to ensure burn-rate assumes capital isnt raised.

[choeger]

With profits, shouldn't you have an infinite runway?

[kabdib]

That depends on where your profits are coming from. If a large number of your customers depend (say) on VC funding . . .

[TuringNYC]

Only if the profits are sustainable and wont go down/away with the recession.

Also, with stocks not going up infinitely, comp needs to change to less stock ("free") and more cash, further reducing profits.

[stickfigure]

Yes, so assume the word profits should have quotes around it.

[nytesky]

I was confused as well. Did PP mean revenue?