If your startup is out of money, it's usually a delusion to think you can avoid disaster by getting bought. But startups out of money often find ways to save themselves. So if you're out of money, it's usually better to make one last effort than waste time talking to acquirers.
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If your startup runs out of money usually means you spend too much on growth not enough on sustainability or getting revenue. Cos Revenue cures most illnesses.
What it means is that you didn't get growth, whether you spent a lot on it or not.
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Plenty of example where plenty of growth was achieved and the company still ran out of money. Cost effective revenue does indeed cure that illness
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