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Round size and runway · Copyable template

Scenario planner one-pager

Three runway scenarios on one page, so the plan survives the round closing late or small.

Runway is a cash calculation and a strategy choice at the same time. Too little forces reactive decisions. Too much creates dilution, spend pressure, and a false sense that the next milestone will arrive on its own.

A single runway number hides risk; a range makes the decision visible. This one-pager holds three cases and five dates, so the question stops being “do we have twelve months?” and becomes “when must we have enough evidence to choose the next path?”

Copyable template

What is in it

  1. The milestone this runway has to reach
  2. Base case
  3. Downside case
  4. Decision case
  5. The five dates
  6. What you are watching, and what follows

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The template is ready. Add your email to open it, and you will also get The Raise Memo — a note for founders raising capital.

How to use it

Notes

Starting early does not mean launching a public raise before the evidence is ready. It means holding optionality: knowing which milestone you are pursuing, which investors might fit, and which data has to improve first. And do not raise simply to extend time without changing the company's evidence — if the current plan is not working, more cash delays the decision and adds dilution without improving the outcome. Cutting scope, focusing on one segment, improving collections, or taking a different financing path may be the better move.

Where this comes from

The thinking behind it

Take it with you

Runway and burn tracker

A month-by-month sheet for cash in, cash out, and the runway that falls out of the two.

Spreadsheet

Round size worksheet

Build the raise number from what it has to pay for, rather than starting from a round figure.

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From the publication

Read The Raise Memo

A note for founders raising capital—what investors notice, how conviction gets built, and what to do next.

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