Zombie Startup

定義

A zombie startup earns enough to survive but not enough to grow into venture outcomes, leaving investors stuck and founders grinding without a path to exit or scale.

資金調達における位置づけ

The zombie state usually follows raising venture money for a non-venture-scale business; the honest exits are profitability on purpose, sale, or wind-down.

よくある質問

How do startups become zombies?

Product-market fit in a market too small for the capital raised, or growth that plateaus after the preference stack already assumes scale.

What should a zombie startup do?

Choose deliberately: restructure toward profitability, seek acquisition while the team has value, or return remaining capital, rather than drifting.

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