Runway funding - Houston, we have…
There’s a term bandied around a little bit these days that seems slightly obscure. Despite what it sounds like, “runway funding” has absolutely nothing to do with airplanes. The analogy is sound though, because they’re kind of the same.
Obviously a plane is supposed to leave the ground before it runs out of runway. The same can be said for start-up companies, which are usually given a limited amount of capital to get things up and running before the runway, or cash, runs out.
If the investors in the company are not prepared to seed more cash the start-up will either die explosively, or simply wither away and die an anonymous death. There are plenty of instances in history though where the start-up cash has been topped up to allow the company to hit its straps and to keep going. Venture Capital (VC) and private investors normally control the destiny of the company and the funding usually depends on one of two things: 1) the company is about to turn a profit or 2) the company could possibly be “the next big thing” and people are prepared to keep the bankroll going.
2large2Email is a little division in the publicly traded company Manaccom Corporation Ltd, listed on the Australian Stock Exchange as MNL. Unlike most start-ups we have a solid track record and a solid future. And to top that off, our little division is actually profitable. That means that we’re here for the long run and we’re not dependent on VC funding and we don’t have to worry about the dreaded runway running out.
We believe that a good, solid, reliable and easy-to-use large file sending product is just what the small business world needs. We needed it, and that’s why we built 2Large2Email. And looking at take-up numbers, we’re not the only ones who struggle with FTP and allegedly express couriers! So, Houston, we have lift-off!

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