CASH-OUT DATE
The day in which a company will run out of cash if they continue to burn capital at their current pace and do not raise any additional capital.
Brought to you by DECKO, the leading pitch deck development company trusted by 200+ Startups, Venture Capital Firms, and more around the world.
Example: With $1M in the bank and a burn rate of $100,000/ month, we are looking at a Cash-Out Date of October 1st (10 months from today). We should raise money soon to avoid going out of business.