Scraping by start-ups: Advice froma friend

Talked with a friend yesterday who thinks his start-up may be going under.They’rewaiting for that next nfusionof VC cash,and if it doesn’t happen…they’re doomed,
Then talked with another friend who’s done start-ups over the past 6 years.
His advice: “If they have money for 6 weeks for 15 people,then they probably have about $150,00-200,000.If they have that,they should immediately fire everyone except for the 3-5 people who can write the plans and work the hours to make the ciompany reinvent itself so they can get some new funding. Everything else should be secondary, and they should use that $150,000 to make sure they can get to that next level.”