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.
Business Management
7 Issues Each Startup Founder Must Know
The startup phase of your new enterprise will probably be an thrilling, exasperating, and predictably uncertain time on your new enterprise.