Amongst the more mature startups who have raised a lot of capital VCs are clearly
guiding startups to cut costs and value fiscal discipline over “growth at any cost”
Q. Which statement best describes the spending behavior at most of the
more mature companies in which you are on the board or observe?
Planning to cut costs
Cut costs in previous 12 months
Source: Upfront Ventures survey of VCs (N=115 and N=159, respectively), Jan 2017, Jan 2016