Airport runways are built to international standards, but civil engineers and architects must consider wind, terrain and a host of other factors before sketching out blueprints.
Startup runways are similar: healthcare and fintech face different headwinds, which means companies in these sectors manage their cash differently.
According to Healy Jones, who oversees financial analysis and planning for Kruze Consulting, average startup runway length was 23.4 months in January 2023, up from 19.6 months in 2019.
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“However, the average can hide some important nuances,” he notes.
In a report that crunched spending, revenue and runway data from more than 700 startups in health tech,...
