Venture & Growth
Four Ways to Deal With a Zombie Startup: Extending the Runway, Winding Down, Selling Cheap, or Restructuring for a Non-VC Exit
Venture capital firms face 'zombie startups' that survive on existing revenue but cannot attract new capital. This guide explores four strategies: extending runway, winding down, low-multiple acquisition, or non-VC exit, detailing their trade-offs for fund metrics, LP relations, and reputation.
Mina Kim·November 6, 2026
