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Setting Up Your Accounting System

Feld Thoughts

Tie the P&L forecast to the Balance Sheet and Cash Flow Statement and generate snapshots of what the Financial Statements will look like each year for the next 5 years. While they’ve been hard at work on their product, they’ve also incorporated the company, now named SayAhh (thanks Mac!) as a C-Corp in Delaware.

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Finance Fridays: Getting Started – Allocating Equity and Founder’s Investment

Feld Thoughts

Finance Friday’s gets off the ground with today’s post by introducing you to an imaginary startup, the entrepreneurs that we’ll being following throughout the series, and their first challenges: splitting up the founders’ equity and addressing the case where one of the founders provides the initial seed capital for the business.

Equity 137
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Convertible Debt: Worst Form Of Seed Financing — Except For All The Others

Gust

Structuring this kind of seed investment as a loan only makes sense because, as it turns out, a convertible note is a convenient “hack” to make it quicker, easier and cheaper to inject seed capital into an early stage startup while giving investors some protection (debt is ahead of equity in line in the event the company is liquidated).

Finance 134
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Quickly Unpacking Two Recent Acquisitions (of Cylance; of PlanGrid)

Haystack

price tag squeezed out by BlackBerry represented *over half* of the actual cash reserves it had sitting on its balance sheet. 1/ A Pre-Seed Reminder: According to Crunchbase, PlanGrid was founded and went through Y Combinator in 2012. The company only raised a bit over $1M as seed capital. 1/ Cash Is King: The $1.4B