As the coronavirus pandemic forces Europeans to stay at home and leaves companies fretting about economic consequences, startup founders across the region are wondering what to do about cash, debt and staff.
Fundraising aside, attention is turning to day-to-day costs and cashflow.
“As always when the wind turns and skies turn grey, as a startup you need to mind your costs and come back to the basics of cash management,” says Albin Serviant, chief executive of company builder Founders Factory in Paris.
