I think this depends on the size of the startup.  If you&#x27;ve only got ~10 employees, decent office space, furtniture, catering, etc. in SF or SV could be a meaningful fraction of your overall expenditure.  The more employees you have, though, the smaller that fraction is likely to be.  Even so, I think you&#x27;re right - downgrading your office space would get you maybe a couple months of extra runway, vs. reducing salaries or staff, which would get you a lot more.