Boundless CEO Xiao Wang and Angel investor Dan Rosen urge startups to shift to 'wartime' survival, extend runway to 18 months

Startup leaders must shift from rapid-growth mindsets to survival strategies amid the COVID-19 shock, learning from past downturns and peers. Leaders like Dan Rosen and Xiao Wang recommend extending cash runway, cutting and renegotiating expenses, and using government programs to preserve teams and prepare for recovery.

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