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Printed charts and a calculator on a wooden table

Startups & money

Runway math still beats a valuation screenshot

A round is a delay. The burn is the plot.

Startups & money · 26h ago

A marked-up cap table looks like progress in a group chat. It is not a plan for the next eighteen months of payroll, tools, and rent.

If you cannot say how many months you have after the next hire, you do not have a valuation problem. You have an arithmetic problem.

Publish the runway internally every month. Hide the screenshot. The first number keeps the company honest. The second one keeps the feed loud.

Photo by Kelly Sikkema on Unsplash

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