Startup Professionals Musings
JULY 3, 2012
Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Make it clear that you intend to re-forecast your plan every three months, and communicate changes proudly to your team, rather than apologetically.
Startup Professionals Musings
APRIL 20, 2011
Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Make it clear that you intend to re-forecast your plan every three months, and communicate changes proudly to your team, rather than apologetically.
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Startup Professionals Musings
APRIL 12, 2010
Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Make it clear that you intend to re-forecast your plan every three months, and communicate changes proudly to your team, rather than apologetically.
Up and Running
MAY 20, 2014
While data science is still a nascent field, knowing basic calculus and statistics and learning how they are applied to modeling and forecasting changed the way I think about customers. That’s why companies have advisory boards that get compensated — you usually have to pay for that kind of support and knowledge.
OnlyOnce
JULY 9, 2013
Chapter 22: Forecasting and Budgeting…Rigorous Financial Modeling, Of Course You’re Wrong—But Wrong How?, Budgeting in a Context of Uncertainty, Forecast, Early and Often. Chapter 34: Board Meeting Materials…“The Board Book”, Sample Return Path Board Book, The Value of Preparing for Board Meetings.
Startup Professionals Musings
FEBRUARY 13, 2016
Include advisory board member qualifications and key industry connections. What are your forecasts for revenue, expenses and cash flow? Forecasts are evaluated as a level of commitment and a measure of your business savvy. Investors invest in people more than the idea. As a team, they cover all key skills required.
David Teten
JANUARY 19, 2021
In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. Disclosures: Blue Future Partners is a member of the Advisory Board of ff Venture Capital , where David Teten was formerly a Partner.
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