Cristóbal Valenzuela, the former president of Sandbox VR, the brick-and-mortar VR experience franchise, didn’t always have a strong grasp of finance. And it’s something he felt self-conscious about.
“I’ve always thought it was something for ‘real business people’ and I could just go and do what I enjoyed, which is product and engineering,” he told TechCrunch in an email interview. “This is the state of the world for most founders today.”
After countless frustrating experiences with Excel spreadsheets, Valenzuela was spurred to create an alternative. Alongside co-founders Alejandro Matamala and Anastasis Germanidis, he started Runway, which aims to replace spreadsheets with “intuitive” financial modeling, planning and reporting workflows.
“Runway is the first strategic management platform for modern, high-growth technology companies,” Valenzuela said. “[It gives] teams a clear and joyful god’s-eye view of their entire business,...
