Incomplete forecasting models and buried assumptions lead startup founders to overestimate their runway, with AI-powered forecasting offering a solution.
AI uses machine learning, including large language models and time series algorithms, to provide real-time data analysis, normalize revenue flows, and mitigate human biases.
38% of failed startups run out of cash due to misunderstanding their runway, emphasizing the importance of accurate financial planning.
While AI can enhance financial forecasting and provide valuable insights, human oversight remains essential in considering contextual factors AI may miss.