the.com/startup capital
the money you burn before you find out if anyone wanted the thing at all.
means the initial funds used to launch a new business, covering everything from incorporation to the first year of not making a profit.
from from venture finance vocabulary of the 1960s-70s, when institutional risk capital first got organized to bankroll pre-revenue companies instead of just family and friends.
typical sourcefounders, friends, family, before any investor shows up
runway mathmeant to last until revenue or the next round
failure ratemost of it evaporates before profitability arrives