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Kirsty Nathoo

08/22/19

@ Y Combinator

Runway is not just a vanity metric; it's crucial for understanding the health of your company. Don't ignore it or manipulate the numbers to feel better about your situation.

Video

Kirsty Nathoo - Managing Startup Finances

@ Y Combinator

Kirsty Nathoo - Managing Startup Finances

08/22/19

Related Takeaways

Tom Blomfield

12/16/23

@ Y Combinator

Include burn rate and runway in investor updates; these metrics are crucial for understanding your startup's financial health.

Tom Blomfield

12/16/23

@ Y Combinator

Avoid vanity metrics and focus on clear, actionable metrics that can guide your startup's strategy and decision-making processes.

Adora Cheung

08/01/19

@ Y Combinator

It's important to track a few secondary metrics alongside your primary metric to gain a comprehensive view of your startup's health, rather than focusing solely on one metric.

Kirsty Nathoo

08/22/19

@ Y Combinator

Your runway is how long you can operate before running out of money, calculated by dividing your bank balance by your average burn rate.

Y Combinator Cast

02/13/25

@ Y Combinator

Investors can help guide startups by encouraging transparency about financial metrics like runway and burn rate, which are essential for maintaining focus and discipline.

Alexandra

09/18/18

@ Y Combinator

Focus on what matters most for your business; avoid vanity metrics and concentrate on sustainable growth and revenue.

Tom Blomfield

12/16/23

@ Y Combinator

Don't change the definition of your metrics just to make the numbers look better; consistency is key to understanding your progress over time.

Tom Blomfield

12/16/23

@ Y Combinator

With better metrics, you'll make better decisions, just like flying an airplane with instruments instead of flying blind.

Adora Cheung

08/01/19

@ Y Combinator

It's crucial to be honest about your startup's current status and to regularly fill out your primary metric and goals to maintain accountability and track progress effectively.