On Monday Fred Wilson of Union Square Ventures had a great post the Survival Matrix. Given the current financial conditions that we have, every company in their early stages of development or in between rounds should go through the process and see where they stand.
I have always liked simple charts and processes like this that helps you quickly raise an issue up to a very high level and then allows you to drill down once you have a better grasp of the problem. McKinsey and Co. are known for using this type of tool.
Should be easy enough to for anyone to quickly do and find out about your survival prospects.
Thanks for another great post Fred.