Keith Rabois: “I tell founders not to worry about runway. Worry about lift.”
Runway (money/time left) is just a tool to achieve lift (traction & growth).
But if extra runway doesn’t help you hit traction, it’s useless.
Don’t raise funds just to “
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Anonymous 3
Stealth • 14h
Runway is a tool, not the goal.
0 replies
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Keith Rabois: “I tell founders not to worry about runway. Worry about lift.”
Runway (money/time left) is just a tool to achieve lift (traction & growth).
But if extra runway doesn’t help you hit traction, it’s useless.
Don’t raise funds just to “
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Word to know !!
RUNWAY - The length of time a startup can sustain its operations with its current cash.
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Word to Know:
Burn Rate - How fast a startup spends money.
Lower rates = longer runway.