3 ms·

15 months seems pretty standard for an early stage startup.

• ryanSrich 4y ago
  Not in my experience, unless you're very close to raising your next round. 20-30 months is about what I'd expect from a Series seed company in between rounds. 15 months is essentially 1 year. It's going to take 6 months to raise more money from start to finish. That means your actual runway is closer to 9 months. Now of course, they could be excluding current and future revenue, which a lot of companies leave out from runway (rightfully so), but if not, 15 feels low. As things change during this recession, I could see many Seed stage companies pushing to operational break even. If you can keep your annual costs below $1m, and scale to $1m in ARR, you're going to be far better off than companies that have to raise to keep going. If you can grow and sustain the business for another 24-30 months, you'll avoid the game investors are playing now of "let's see how low we can get this valuation".