Cash Balance Data From 800+ Startups Indicate Founders Have Become Capital Efficient
Kruze Consulting, the startup accounting and CFO consulting firm servicing more than 800 venture funded startup clients, has analyzed the last 3 years of startups’ operating expense data. The data indicates that startups have reduced their operating expenses significantly, preserving an average runway of 22 months. Median runways remain strong, higher at the end of…