Skip to content
Zero to Term Sheet
Try post-money, SAFE, run rate, or liquidation preference.
↑ ↓ to moveEnter to openEsc to close
Zero to Term Sheet

Tools

Default alive calculator

Enter cash, revenue, growth, and expenses. See if revenue catches up with expenses before the cash runs out.

Learn the idea behind this tool

Simulator

Default alive or default dead?

Set the cash, the revenue, its growth, and the expenses. Expenses stay flat, and revenue keeps its growth rate.

$500K
8%
$100K
Net burn
$60K
$100K − $40K
Simple runway
8.3 months
Cash ÷ net burn
Result
Alive
Profit in month 13
Growth to survive
7%
The lowest monthly growth

Cash at the end of each month

Revenue and expenses each month

  • Revenue
  • Expenses

Default alive. At 8% growth a month, revenue passes expenses in month 13. The cash falls to $59.09K at the lowest point, and then it grows again.

The simple runway says 8.3 months, because it ignores growth. At the lowest point, the cash pays for 17 days of expenses, so a small decrease in growth can change the result.