1. How long a company could survive given its current revenue and expenses (usually expressed in months). Startups usually have between 6 to 18 months of runway.

For example, if a startup has no revenues, has expenses of $20,000 per month, and has $100,000 in the bank, it has a "runway" of five months.

2. What your bedroom becomes when Vogue by Madonna comes on.

Example sentence: When the SunSipz founder realized he'd hit a full 2 years of runway, he spent an hour dancing around his bedroom-office.