runway

In the face of recent economic downturns and fears of a startup bubble-burst, it may be surprising to hear that startups are faring better than you might think. I’ve been talking to a bunch of founders who are struggling to raise funding — and that is a real problem — but there are some startups that focus on the business fundamentals that are still thriving. Looking at the numbers, this presents as an uptick in median runway length, a decrease in operating expenses, and an encouraging rise in profitable revenue. This is founders focusing on being more efficient,” Healy Jones, VP of financial strategy at Kruze Consulting, told me. It now stands at an impressive 12.5 months, significantly higher than the nine to 10 months usually expected after an average funding round.