Company profit check
Can anyone help me, how/where to understand the startups cash runway and how to calculate it? Example: Byjus, ola etc
Kendall Lee
Stealth
2 years ago
These details will not be easily available in public. There is a reason Byjus is ready to pay a penalty for late publishing of annual report.
Aside, on the MCA website you can pay 100₹ and download the balance sheet of a company. But this wont tell you the runway. I have seen some cases where there just a few months of runway left and the employees have no clue. Till last year there was always going to be another fundraise happening. But if the fundraises dont start again companies which had raised 50M$+ are also going to start running out of money soon unless they drastically cut salaries which is usually the biggest expense.
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