What is defined as the projected annual revenue based on current performance?

The projected annual revenue based on current performance is referred to as the run rate. This term is commonly used in business to extrapolate current financial performance into a future period, typically one year. By taking the revenue generated in a specific timeframe (like a month or a quarter) and multiplying it by the number of periods in a year, startups can estimate their annual revenue if current conditions persist.

Run rate is particularly valuable for businesses in their early stages, as it allows them to project future performance based on actual data rather than forecasts or assumptions. This can help in making informed decisions regarding budgets, investments, and growth strategies.

The other terms in the question refer to different financial concepts. Burn rate measures how quickly a company spends its cash reserves, important for understanding cash flow sustainability. Forecast refers to a broader prediction of future business conditions based on various inputs, while valuation is the process of determining a company's worth. These concepts do not specifically denote the projected annual revenue based on current performance, which is why run rate is the correct term in this context.