David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

APRIL 8, 2010

They collected information that justified their assumptions about the problem, opportunity, market size, their solution and competitors and the their team, They rolled up a 5-year sales forecast with assumptions about their revenue model, pricing, sales, marketing, customer acquisition cost, etc. It was an exquisitely crafted plan.

Business Model 332

Business Model Business Plan Customer Cap Table 332

Feld Thoughts

AUGUST 12, 2011

Build a financial model that forecasts the P&L. Revenues and costs should both be based off of a robust set of assumptions. 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. historical data).

Balance Sheet 137

Balance Sheet Forecast Cap Table Early Stage 137

David Teten

SEPTEMBER 23, 2017

EShares is an increasingly popular tool in our portfolio for tracking private company cap tables. With regard to analyzing a given company’s financial model, that is a reasonable stereotype, given that VCs do not typically use financial leverage and financial forecasts of early-stage companies have a very high uncertainty rate.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

OnlyOnce

MAY 26, 2022

Do you spend a lot of your time dealing with finance-related issues like fundraising, debt, investors, or cap table questions? A final obvious sign that your CFO isn’t scaling is if they get forecasts wrong, or don’t even try to do them. Trust your gut.

Cap Table 62

Cap Table Forecast Finance Metrics 62

Both Sides of the Table

MAY 19, 2018

A detailed financial model that shows your anticipated revenue, costs and profits (Income Statement) as well as your balance sheet and cashflow statements. Investors love to be able to see what you told them in forecasts in prior years and then compare with how you actually performed. So how does this work in practice? No problem.

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336

Hunter Walker

JULY 18, 2022

Do you understand your cost structure and can you manage to a forecastable growth rate. Your runway is impacted by the absence of projected revenue. Similarly, for a variety of reasons, the music stopped. Are you indispensable for customers? Continually missing top line projections in this environment is DEATH.

Valuation 147

Valuation Cap Table Startup Later Stage 147