<ul data-eligibleForWebStory="true"><li>A venture capitalist shares a playbook for founders and investors on how to save failing startups by addressing common root causes.</li><li>The triage framework includes diagnosing issues like burn rate, cohort NRR, and cap table health, followed by taking immediate actions to stop the bleeding.</li><li>Recommendations for founders include renegotiating contracts, launching retention campaigns, and installing interim executives, with a focus on founder coachability for turnaround success.</li><li>Decision-making involves pivoting if the market shrinks, doubling down on successful products, or seeking bridge rounds if metrics are strong but cash is low, ultimately aiming for graceful exits rather than letting startups linger.</li></ul>

*“How to Mend a Broken ❤️ Startup: A VC’s Battle-Tested Playbook for Founders & Investors”

Discover more