What do you mean by the startup Valley of Death phase?

‘Death Valley Curve’ or ‘valley of death’ is a term used in start-up landscape or rather financing, which refers to the period during the initial investment in a start-up when the company is falling short of projected revenue rates or simply unable to generate sufficient profits to cover the expenses. It is the financial risk faced by start-ups to soldier through the early stages of their business, and become viable in the future.

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