“I don't know what my numbers should say.”
Turn a few honest assumptions into a 3-statement model, a runway date and a raise size you can defend.
Build the model · 4 min
Analysts don't read your model top to bottom. They run a short sequence of checks, and the first failure colours everything after it. Here's that sequence, with the numbers they look for.
April 13, 2026
Build the model · 5 min
Cash divided by burn gives you a number. It's not your runway. Here's how to work out the month cash really runs out, whether you're default alive, and the date you have to start raising.
January 19, 2026
