Default Alive or Default Dead?

BlogApr 19, 2026

Original excerpt

October 2015 When I talk to a startup that's been operating for more than 8 or 9 months, the first thing I want to know is almost always the same. Assuming their expenses remain constant and their revenue growth is what it has been over the last several months, do they make it to profitability on the money they have left? Or to put it more dramatically, by default do they live or die? The startling thing is how often the founders themselves don't know. Half the founders I talk to don't know whether they're default alive or default dead. If you're among that number, Trevor Blackwell has made a handy calculator you can use to find out. The reason I want to know first whether a startup is…

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