I’m the CEO of a startup. We are a portfolio company with a local Venture Studio. We have $300,000 of revenue in the bank. I don’t have cofounders. My burn rate is $10,000 a month. $2,000 revenue. Launched in June. Here’s the problem.
I have no idea what this means. Is this early stage company I’ve been asked to grow in a good position based on those numbers? Or is this a company that they are pretty sure is going to fail?
I know that I’m lucky to be affiliated with this venture studios but this is the most honest I’ve ever been. I’m having sever imposter syndrome. I have no idea what I’m doing.
Please offer perspective.