Maybe because they don't know what that means?
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What does "default alive" mean? Aren't all companies alive by default?
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good Q - if they run out of money, they're still cash-flow functional? Or what?
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cause most VCs want them to burn the capital instead of optimise for an unlimited runway?
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default alive means they will be cash flow positive before the bank hits 0. You can be default alive and burn VC money.
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*startup culture*
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not trying to poke, but doesn't that usually mean not raising money?
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No. It means not needing to raise money. Huge difference.
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My naive assumption would be that everybody would *try* to do this, but many would be unable to do so.
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But as I said, "naive"; I'm outside the funded-startup bubble. It just reads to me as "I've decided I want this company to succeed".
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