Back to Glossary
startup-productbeginnerunit-10

Runway

Definition

How long a company can keep operating before it runs out of money at its current burn rate.

In Plain English

Runway is like how many months of fuel are left in the tank.

Real-World Example

A startup with 12 months of runway has about a year to raise money, cut costs, or reach profitability.

Why It Matters for Your Work

Runway shapes hiring, product scope, fundraising urgency, and risk tolerance.

Common Mistake

Talking about runway without including burn rate assumptions.

Related Terms

View MVP
MVP

Minimum Viable Product—the simplest version that delivers core value.

View Pivot
Pivot

A meaningful change in strategy based on evidence that the current approach is not working well enough.

View Traction
Traction

Evidence that customers or users are adopting and valuing a product.

More startup-product Terms