How much runway should you build during a fundraise?
How much runway should you build during a fundraise?
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Early-stage startup founders must’ve often heard from investors/ advisors to build runway for at least 18 months when fundraising. Yet, quite a few founders plan for much less. “We will raise Series A in 9-12 months” is a risky strategy, usually driven by an attempt to limit dilution.

There is a simple reverse-calculation to justify a minimum 18 month runway.

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