Before I get into things, here's a little background, I work at a start-up company. It's a logistics company founded by a bunch of former UPS executives. Up till now, we've had two smaller customers but have been in talks with some large companies for quite some time now. The problem is not that these large potential customers are not interested, it's that the process simply takes a long time. Anyways as time has gone on, we've had to trim some fat i.e. people/assets we don't need, had have been running with just the necessities. Essentially I've been running up the operations side along with another guy. Like any start up, we've been living on investor money until things really get going and we can become profitable...

...well today my boss told me we've run out of cash. The first move he's making is getting rid of the other guy, leaving me to be the main person for pretty much everything (website, technology, operations, you name it). We're also dumping what's been our main technology platform for our one customer for something makeshift. Finally, I'm not getting my paycheck until....? The next move is to find more investor money to keep things rolling. There are some big talks that might come to fruition coming this march, but we might not have enough capital to last that long.

So here's my question. Is it time to jump ship?

You need to ask yourself two questions.  Given the current state of the economy, do you see these large customers investing cash and time in a new logistics system?  Look at the financial state of these customers.  You said the process takes a long time so I am assuming a company will need to invest time and maybe consultants to being the system online(I'm thinking it would be similar to bringing SAP online, meaning a real nightmare).  Second,if your investors don't want to put more cash into the startup, why would you?  You need to start looking at least, and when you find something, make your decision. Good luck

If you're considering it, then yes. Ditto Giller. If you find a dinghy to jump into, stand near that shit. If you don't and the ship ends up sinking, you're fucked. If the ship doesn't sink but you take off and find a better ship, you win.

Disclaimer: This is coming from someone who's 19 and has worked one job.

On the other end, as someone who's 19 and has worked 9 jobs, here's my idea. Also as someone who most recently worked for a business that went under, much like your place of work is on the brink of doing.

Start looking. Start making calls. If you find an offer better than where you are now, jump ship right then (with proper 2 weeks).

Budget yourself to save up a cushion in case things head south and you're out of a job sooner than you planned.

Waiters make good bank

Ayn Rand much?

Thanks for the advice guys, it's a strange feeling being in this situation. In a way, you're all right. I need to start researching a backup plan be it grad school or a job elsewhere. I think for now sitting on the fence is the right plan. Although the situation is dire, this might be a storm the company can ride out. I think I'll know where things are going by the end of the month/mid Feb. Keep your fingers crossed.

Not really. The original sentence was short anyways, it's not like I'm saying all connotations of that sentence represent objectivism, but anyways self-reliance means not only self-servitude but not being subservient to anyone else. whatever I'm going to miss my bus

Quite true.  You do not want to be a pawn.  Not sure your relationship with thee folks, but they could be using you for their ends.