The Runway Blog

Startup finance, minus the jargon

Practical guides on runway, burn, unit economics, dilution and investor updates — written for early-stage founders, India-first.

ESOPIndia 6 min · 13 Jun 2026

ESOP for Startups in India: A Founder's Guide

How employee stock options work for Indian startups — pool size, vesting, strike price, the taxation founders get wrong, and why ESOPs are worth the dilution.

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FoundersEquity 6 min · 10 Jun 2026

Cofounder Equity Split: How to Divide Startup Equity Fairly

The cofounder equity split is one of the earliest and most consequential decisions you will make. Here is how to think about it — and why vesting is non-negotiable.

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Cash FlowFinance Basics 5 min · 5 Jun 2026

Cash Flow vs Profit: Why Profitable Startups Still Run Out of Cash

Profit and cash are not the same thing — and confusing them is how a "profitable" startup goes bankrupt. Here is the difference, and why founders should watch cash.

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MetricsD2C 5 min · 3 Jun 2026

MRR vs Revenue: What Indian D2C Founders Should Track Instead

MRR is a SaaS metric. If you sell products, not subscriptions, it quietly lies to you. Here is what transactional and D2C founders should track instead.

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Unit EconomicsMetrics 5 min · 22 May 2026

What Is a Good Gross Margin for a Startup?

Gross margin decides how much each sale actually funds the rest of your business. Here are healthy benchmarks by model — SaaS, D2C, marketplace, services — and how to improve it.

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FundraisingInvestor Relations 6 min · 14 May 2026

How to Write a Monthly Investor Update That Gets Replies

The structure that turns a monthly update from a chore into your most reliable source of intros, hires and follow-on capital — with a copy-paste template.

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MetricsSaaS 5 min · 30 Apr 2026

ARR vs MRR: What They Mean and How to Calculate Them

MRR and ARR are the headline metrics of any subscription business. Here is exactly what each means, how to calculate them, and the mistakes that inflate them.

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FundraisingCap Table 7 min · 22 Apr 2026

Startup Equity Dilution, Explained With Real Numbers

Pre-money, post-money, ESOP, and exactly how much of your company you give up in a round — with a worked example every founder should run before signing.

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FundraisingValuation 6 min · 8 Apr 2026

How to Value a Pre-Revenue Startup

Valuing a startup with little or no revenue is part art, part method. Here are the approaches investors actually use — and what really drives the number.

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Unit EconomicsMetrics 6 min · 30 Mar 2026

What's a Good LTV:CAC Ratio? (And How to Actually Improve It)

The LTV:CAC ratio every VC asks about — what counts as healthy, why CAC payback matters just as much, and the real levers to improve it.

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FundraisingFunding Stages 7 min · 20 Mar 2026

Startup Funding Stages Explained: Pre-Seed to Series C

Pre-seed, seed, Series A, B and C — what each stage means, what investors expect, how much founders typically raise and give up, and when you are ready for the next one.

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Burn RateMetrics 5 min · 12 Mar 2026

Gross vs Net Burn Rate: What Founders (and VCs) Actually Mean

Gross burn, net burn, and the burn multiple — what each one measures, which one VCs ask about, and how to read them without fooling yourself.

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FundraisingSAFE 6 min · 28 Feb 2026

SAFE vs Convertible Note: Which Should Your Startup Use?

SAFEs and convertible notes both let you raise before a priced round. Here is the difference, the terms that actually matter, and what Indian founders use instead.

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RunwayFundraising 6 min · 20 Feb 2026

How to Calculate Startup Runway (the India-aware way)

Runway is more than cash ÷ burn. Here is the formula founders actually need — including the GST credit and TDS receivable that Indian startups should count as cash.

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