Runway
Startup BasicsRunway is how many months a startup can keep paying its bills before it runs out of cash, at its current rate of spending.
Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.
Runway is how many months a startup can keep paying its bills before it runs out of cash, at its current rate of spending.
SaaS is software you access and pay for over the internet, usually as a monthly subscription, instead of buying and installing it yourself.
A SAFE is a simple contract where an investor gives a startup money now for the right to get equity later, without it being a loan.
SEC Philippines is the government agency where every startup must register as a corporation before it can legally operate.
A seed round is usually a startup's first real outside funding round, meant to help it build a product and find its first customers.
A Series A is typically a startup's first big round led by professional VC firms, raised once there's real evidence the product works.
A Series B is a later funding round for a startup that's already growing fast and needs bigger money to scale operations.
A Series C is a later-stage round for a startup that's already proven its model and is raising to grow even bigger, often before an exit.
A smart contract is a program on a blockchain that automatically carries out an agreement's terms once its conditions are met, with no middleman.
A stablecoin is a cryptocurrency designed to hold a steady value, usually by being pegged one-to-one to a currency like the US dollar.
The Startup PH Act is the Philippine law giving real registered startups tax breaks, grants, and easier visas to help them grow.
A tech stack is the specific combination of programming languages, frameworks, databases, and tools a company uses to build its product.