If your company is not doing well over time, there is a good chance the common stock is approaching $0 value. The longer this goes on, the more certain you can be.
If you get a sense of deja-vu every time a C-level at an all hands says "next year we'll be profitable" , "we just need this funding round, and then" "we missed revenue targets this quarterb but" etc. then you are probably there already, or nearby.
There are exceptions of course, sometimes a rough patch is just a rough patch.
Yep, I've had this happen. The "rough patch" has been going on for years, with down round after down round. At some point, you have to accept it's not working out.
If you get a sense of deja-vu every time a C-level at an all hands says "next year we'll be profitable" , "we just need this funding round, and then" "we missed revenue targets this quarterb but" etc. then you are probably there already, or nearby.
There are exceptions of course, sometimes a rough patch is just a rough patch.