In the world of startups & VC, runway is a simple but sometimes undervalued metric for understanding the state of a company and is something every founder or investor should know about their company. On this episode of Uncapped Notes, Eric and Janel give their best blue steel and define runway, going over some real-world examples of how runway is calculated and why it is important for both investors and founders to understand.
Timecodes
0:00 - Intro
0:44 - Defining and calculating runway
1:45 - Adding revenue to the equation
2:30 - Why do investors care about runway?
3:03 - Understanding runway as a founder
3:53 - Outro
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