The amount of time until your startup goes out of business, assuming your current income and expenses stay constant. Typically calculated by dividing the current cash position by the current monthly burn rate. Example: After raising another $50 million, our company now has enough runway to last us through the heat death of the universe.
Co-Working
Virtual Offices and Their Role in the Future of Work
Virtual offices served a great purpose during the pandemic, allowing colleagues to stay connected and collaborate without being in the office together. They have enabled employees to save money, eliminate travel time, and even support flexible working hours.