Startup Runway
topic on 2 shows · 4 statements across 4 episodes
4 statements about Startup Runway, every show
Basu Trivedi: Startup runway is meaningless without product-market fit or exit
“The runway doesn't matter unless it leads to a takeoff or a landing. Ideally a takeoff in startup land.”
Tan: 24 months of runway is optimal for seed-stage startups
“We don't need 48 months of runway here. We don't really even sometimes need 36 months. 24 feels really good to us. It gives the company the right kind of cushion to be able to take risks and achieve the next round”
Ries: Reaching pivots faster extends startup runway without raising extra capital
“If we can get to the moment of pivoting sooner, cheaper, faster, Then we extend, it's like magically extending the runway of the startup without raising more money, and that's why it's such a powerful idea.”
Startups should target 24 months of runway instead of 18
“Yeah, I mean, I think 24 is probably the right number. The issue with 18 months worth of runway is that by the time you close the funding ground, you get started, you might have 1011, 12 months before you need to think about fundraising again.”