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What is a Runway?

Definition

Runway

Runway is the amount of time a startup can continue to operate before running out of cash, assuming no new revenue is generated.

Detailed Deep Dive

Runway is the amount of time a startup can continue to operate before running out of cash, assuming no new revenue is generated and expenses remain constant. It is calculated by dividing the company's current cash balance by its monthly net burn rate (Runway = Cash / Net Burn). Maintaining a healthy runway (ideally 18 to 24 months after a funding round) is crucial for giving the team enough time to build, scale, and launch a fundraising campaign without running out of cash.

Frequently Asked Questions

Q:How is runway calculated?

Runway = Current Cash Balance / Monthly Net Burn Rate.

Q:What is a healthy runway for a startup?

Ideally, 18 to 24 months of runway after a major funding round, giving the team 12-18 months of focus and 6 months to raise the next round.

Quick Facts

  • CategoryMetrics
  • Key ApplicationCash flow forecasting and operational planning

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Runway Media Coverage & Intelligence

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