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> if investors withdraw funds the company goes belly up in a day

Investors can't withdraw funds from companies by design. When you sell shares in a public company it's another investor buying it from you.

Runway is runway, it can be looked as a glass half empty ("running on fumes") or half full. If a company runs out of time/funding rounds it can cut costs. It's easier to make a profit when you have high revenue, brand recognition, fewer competitors. That's why growth companies run for years on losses.




pulling funds, as in the 'cash from financing activities' yeah that can be withdrawn. shares are different, in that investors can sell the shares at a loss.




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