Burn Rate and Runway: How to Read a Startup's Finances
Burn rate shows how fast a company spends cash, and runway shows how long it will last. How to calculate both, what Paul Graham's default alive test adds, and the burn multiple.
Section
Business & Startups
Technology companies, funding, regulation and the markets behind the products.
How Startup Funding Works: From Pre-Seed to Series A
Startups raise money in stages, trading ownership for capital. How the stages are labeled, how SAFEs and priced rounds work, and what dilution does to a founder's stake.
The SaaS Business Model: Subscriptions, Churn and Unit Economics
SaaS companies earn recurring revenue instead of one-off sales, which changes how they measure success. The key metrics, defined, with a worked example and the caveats.
Solo Founders: How One Person Can Run a Software Company
Solo-founded startups have become far more common, according to Carta's data. What changed, what kinds of businesses suit one person, and where the model strains.