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Runway

The cash planning tool for startups

Would you recommend Runway to a friend?
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Hyon Lee
Maker
@hyonlee
Hey guys, I’m the developer at LTSE that built Runway, a free, visual tool to help you understand, manage and extend your cash runway. I built it for founders like me, who aren’t the biggest fan of spreadsheets, but want to build a sound financial model for my company. I’d love to hear your thoughts!
Max Pelzner@whoismaxpelzner · Creative Technologist (clone.agency)
@hyonlee this is awesome! Huge resource for something like myself
Hyon Lee
Maker
@hyonlee
@whoismaxpelzner Thanks! Let me know if I can help :)
gazzer82@gazzer82 · fuzzybadger
Any plans to integrate with external accountancy software, like Xero? So we can build scenarios on top of our baseline?
Marcus Gosling
Maker
@marceire · VP Product, Long-Term Stock Exchange
@gazzer82 Hey gazzer82, yes we have one integration in the works which we will release soon. This will allow you to overlay your actual balance history on top of your planned balance.
Will Curran@itswillcurran · Chief Event Einstein, Endless Events
@gazzer82 There are tools like Float that already do this. :)
gazzer82@gazzer82 · fuzzybadger
@itswillcurran I've tried several, but they all generally fall over in one way or another. Quite often in how they handle VAT in the U.K. Any you would recommend in case I've missed them?
Will Curran@itswillcurran · Chief Event Einstein, Endless Events
@gazzer82 I assume if Xero or Quickbooks online manage VAT well then Float would handle it perfectly. It's about making sure your accounting is setup correctly. I don't know about VAT to know for sure but I don't see why not?
Algert Sula@algerts · Designer
Designers are getting a pretty bad deal in the product screenshot estimate and I feel really bad for the Part-time CFO but great product nonetheless 👌😀
Hyon Lee
Maker
@hyonlee
@algerts hahaha we'll consider a raise ;)
Robin Solis@robin_solis · Co-Founder, Synchronicity.co
@algerts the logo is fantastic, whoever did it.
Hyon Lee
Maker
@hyonlee
@algerts @robin_solis @marceire that would be Marcus :)
Lee Lance@leelance · Co-Founder, SiteBy
Wow @ericries another fantastic resource, thank you (and the whole team) so much. Been playing around with a scenario on the tool and it's super fast/easy to get it set up and modify to look at different scenarios. Critical knowledge but easy enough to get back on the task of building one's startup. Kudos.
Hyon Lee
Maker
@hyonlee
@ericries @leelance Thanks for the positive feedback! :D
Alexandre Wayenberg@alexwayen · Co-Founder & CEO @ Shape
It would be great to be able to export some graph and summary data for a pitch deck in a standard size (16:9 / 4:3). You could have a branded export like "generated with Runway" to spread the word among Startup founders and investors.
Hyon Lee
Maker
@hyonlee
@alexwayen great idea! you're able to export to a csv at the moment, but exporting the graph seems like the logical next step.
Campbell Macdonald@cambel · Co-Founder
@alexwayen @hyonlee It would also be cool to import your stuff from csv/gsheets/xls format.
Hyon Lee
Maker
@hyonlee
@alexwayen @cambel We got a lot of that - how do you see it working? would you be ok to download a template from us and fill it out? That might be the quickest way to implement it imo