runway

Etym.from mid-20th-century aviation jargon, repurposed in early 21st-century venture discourse to quantify company survival in investor communications, see Sommers, Venture Language, 2011.

A single-number projection, expressed in months of funded operation, that reduces cash on hand and burn rate to a negotiable timeframe used to justify spending, hiring, or fundraising.

'We need to extend runway by 12 months to hit the growth inflection' - Q2 Board Deck, slide 12