WHY FOUNDERS MISREAD RUNWAY (AND HOW VCS READ IT DIFFERENTLY) Every founder has a version of their runway story. It’s usually told in months: “We’ve got 12 months of cash left before the next raise.” But investors don’t hear that number the same way. A founder’s 12 months of comfort often looks like 6 months of risk to a VC. That’s because the story behind those months, the cashflow forecasting, … Continue reading →