The key to avoiding startup stagnation is agility, according to Golden Gate Ventures’ Michael Lints and Plus Venture Capital’s Zainab Al Sharif.
Venture capitalists aren’t just looking for startups that can turn a profit, they’re seeking companies and entrepreneurs capable of overcoming the challenges associated with stagnation. When this doesn’t happen, and growth plateaus, small to mid-sized firms risk becoming “zombie startups.”
Cointelegraph editor-at-large Kristina Lucrezia Cornèr recently moderated a discussion centered on reanimating zombie startups at Web Summit Qatar 2024. Cornèr was joined by Venture capitalists Michael Lints, a partner at Golden Gate Ventures, and Zainab Al Sharif, principal, Plus Venture Capital.
In defining what a “zombie startup” is, Lints had this to say:
