A practical guide (from Sequoia Capital) on decisions to take on understanding your business cost structure and taking action to extend runway. At a high level, it starts with analyzing your cost centers, between gross margin and opex and getting into the heart of what spend is efficient vs. not. What you will find will fall into four quadrants, highly impact vs. not, and hard to execute vs. easy. Once you have this understanding, you can start to take action on extending burn.