Your runway is shorter than your spreadsheet
Three months go to fundraising itself.
Every runway model I read forgets the months spent raising the next round. Those months are real, and your burn doesn’t pause for them.
Take your runway, subtract four months, and see what is left. That is the date you need to start.
E. Brandt
Weiter.
Go deeper · The numbers
Template: runway, backwards
The spreadsheet behind the memo on round size, ready to fill in.
Become a member · $5 a monthKeep reading · The words
A term sheet in one page
Comments