Austin Startup

APRIL 8, 2019

I’m not sure if they are “good” per se, but my investors regularly ask for a redacted version to share with another startup in their portfolio which needs an example of a good update. The [REDACTED] costing us more than expected. Attached please find last month’s balance sheet and P&L. Hopefully, it is helpful.

San Francisco 48

San Francisco Balance Sheet Startup Austin 48

Both Sides of the Table

JULY 16, 2010

You’ll notice that Harvard lost 30% of the entire value of its portfolio. He acknowledged the importance of the growing seed fund movement in creating a new wave of cost-effective innovation. He then profiled his portfolio company FourSquare who started with a very small investment.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

MARCH 31, 2014

Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast.

Private Equity 328

Private Equity Metrics China Intellectual Property 328

The Startup Magazine

FEBRUARY 19, 2019

Spend some time understanding their preferences, any portfolio gaps and the right terminology to use in your plan. A cost/benefit analysis for customers can evidence how any competitive advantage is not easily surpassable. Plenty of information is available on the Mercia website through our Insights section.

Business Plan 117

Business Plan Technical Review Initial Public Offering Due Diligence 117

Both Sides of the Table

APRIL 21, 2020

Biggest Advice I Give to Portfolio Founders? Get your costs down, renegotiate your supply contracts and extend your runway. A seed company hasn’t ramped up its cost base. A strong balance sheet will matter in the years ahead. This is not a 2-month v-shaped correction. Raise when you can.

Marketing 263

Marketing Valuation Churn Rate Balance Sheet 263

David Teten

DECEMBER 16, 2015

In addition, we typically ask portfolio companies to report on the following non-financial metrics: Universal Metrics. Customer Acquisition Cost (CAC). My colleague Cristian Valbuena , Controller of Portfolio Accounting, recently spent 3 days on-site at an ffVC company learning about the company, its needs and timeline.

Metrics 60

Metrics Analytics Balance Sheet .Net 60

Up and Running

JUNE 13, 2017

The explanation for the discrepancy is simple: large banks are focused on sourcing and scaling loans over one million dollars, cross-selling products to their customers, and driving down costs through standardized operating procedures and technology. Lenders can secure loans with equipment, a stock portfolio, or other assets.

Community 117

Community Technical Review United States New York City 117

VC Adventure

APRIL 7, 2020

But we’re encouraging all of the companies in the Foundry portfolio to take a step back and consider whether they truly qualify for the program and whether their participation will save jobs and result in the business being less threatened by the crisis. We thought that it was important to share it more broadly.

SBA 118

SBA Balance Sheet Programming Portfolio 118

David Teten

AUGUST 6, 2015

My colleague Paul Bianco serves as interim CFO for a number of ff Venture Capital ’s portfolio companies, and has built and reviewed hundreds of financial models. This is especially important for companies that carry inventory on their balance sheet. Use an appropriate number of significant digits.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

YoungUpstarts

DECEMBER 4, 2014

No interest accrues and no debt is added to your company balance sheet. A lengthy application process and stringent credit review are big hurdles, and besides, maybe you just really need cash flow more than you need a costly loan or credit line that will add long-term debt to your company’s balance sheet.

Finance 196

Finance Balance Sheet Global Operations 196

Eric Friedman

AUGUST 18, 2021

The opportunity cost of the money I have not made on crypto is insane because I first was talking about crypto in 2011 as I’ve been in financial services for a long time. I don’t worry about my anti-portfolio. Relatedly, I look at companies like Deciens’ portfolio company, Treasury Prime , or some of its peers and I wonder.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

crowdSPRING Blog

FEBRUARY 28, 2019

There are three key financial documents of any business that go here: an income statement, a balance sheet, and a cash flow statement. To start a new photography business, your costs may include: your brand design (logo, business cards, and website). marketing and advertising costs. equipment costs or leases.

Business Plan 64

Business Plan Small Business Administration Hiring Social Media 64

VC Adventure

MARCH 19, 2020

As you can imagine we’ve been having conversations all week across the Foundry portfolio (which includes not just companies but also our ~ 35 fund investments; between those we have look-through into a few thousand companies). You should be adjusting costs now, full stop. And to be clear, it’s going to be deep.

Balance Sheet 69

Balance Sheet Portfolio Stock Early Stage 69

VC Adventure

MARCH 25, 2014

We’ve had a number of those in the portfolio that are – by the nature of having not raised a eye popping round – much less talked about. Think growing at the right cost vs. growing at all costs. But not always. Much less is talked about the null case. One optimizes spend and trajectory.

Balance Sheet 92

Balance Sheet Portfolio Metrics Cost 92

The Equity Kicker

OCTOBER 18, 2012

When I’m talking about our portfolio company StrikeAd, which operates in the realtime mobile advertising ecoystem I like to quote Mary Meeker’s statistic that 10% of media consumption is on mobile, but only 1% of media spend.

Balance Sheet 118

Balance Sheet Forecast Mobile Portfolio 118

Agile VC

DECEMBER 6, 2012

Unlike a startup that might raise equity financing across several rounds all combined in a single balance sheet, VC’s do not simply commingle these funds into a single bucket to be allocated across all the companies in that firm’s portfolio. Why is this?

LP 178

LP Balance Sheet Differentiation Limited Partner 178

VC Adventure

MARCH 25, 2014

We’ve had a number of those in the portfolio that are – by the nature of having not raised a eye popping round – much less talked about. Think growing at the right cost vs. growing at all costs. But not always. Much less is talked about the null case. One optimizes spend and trajectory.

Balance Sheet 48

Balance Sheet Portfolio Metrics Cost 48

YoungUpstarts

MAY 12, 2014

Value means the stock is priced modestly compared to the strength of its balance sheet and cash flow. In the letter, Buffett advised, “Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.” One is an attractive price.

Stock 157

Stock Memphis Balance Sheet Analytics 157

Up and Running

FEBRUARY 17, 2016

You need trusted advisors that are proven in the beverage industry and have a decent portfolio of brewery clients. Cash must be available to cover costs and offset delays. A startup brewery’s biggest costs tend to be the brewing system (e.g., Costs vary by scope, location, and market. he explains. Is it losses?

Oregon 60

Oregon Jordan SBA Cofounder 60

David Teten

JUNE 1, 2011

Staying on the buyers’ lists is based on how well you conduct yourself in the diligence processes, “beauty contest” Banks are aware of your funding situation and your portfolio / investment thesis. balance sheet) are not held at the business unit or asset level. Financials (e.g.,

Private Equity 122

Private Equity Deal Flow Equity Developer 122

YoungUpstarts

NOVEMBER 30, 2012

Generating multiple streams of income (earned, passive, and portfolio) is the only logical path to financial freedom in a global economy where half of all college grads are moving back home jobless and saddled with debt. Nor do they realize the cost of running a household. Parents must teach kids the basics of entrepreneurship.

Balance Sheet 226

Balance Sheet Finance Revenue Cost 226

David Teten

NOVEMBER 17, 2011

We had a simple balance sheet by financing round model in our earlier master template financial model , but this model is more suitable for use in employment negotiations. For my start-up, I built a very robust operational and financial model with a detailed revenue build up and a validated cost structure.

Employee 155

Employee IRR Startup Mexico 155

Seeing Both Sides

NOVEMBER 26, 2012

We have a number of portfolio companies that are raising money. If you have a stronger balance sheet than your competition, you can push off monetization decisions and focus on product-market fit. I spend alot of time with my portfolio companies on their go-to-market strategy, partnerships and scaling sales. .

Balance Sheet 42

Balance Sheet Entrepreneur Dilution Portfolio 42

VC Cafe

JULY 4, 2011

. “The affirmation reflects the resumption of the downward trend in public deficits and debt, the robust outlook for Israeli growth, and a strengthening in the sovereign’s external balance sheet,&# said Purvi Harlalka, director at Fitch’s Middle East and Africa Sovereign Ratings Group.

Balance Sheet 90

Balance Sheet Acquisition Africa 90

Up and Running

MAY 15, 2019

You need trusted advisors that are proven in the beverage industry and have a decent portfolio of brewery clients. Cash must be available to cover costs and offset delays. Estimate brewery startup costs. Start with estimating your startup costs. A new and growing brewery’s biggest costs tend to be the brewing system (e.g.,

Oregon 24

Oregon Jordan Software Review Distribution 24

Altgate

MARCH 8, 2009

Their portfolio firms will be able to cut back on headcount and other spending and additional capital from investors will allow the companies to survive for the 2-5 years it will take the market to begin to recover. Later stage funds will end up owning more of their portfolio companies via down rounds and ultimately should see ok returns.

Later Stage 34

Later Stage Early Stage Venture Capital Portfolio 34

Both Sides of the Table

MARCH 30, 2016

They either had a portfolio company in market and weren’t getting offers as quickly as expected or they knew a friend in the biz who was recounting this to them in a session VCs strangely call “comparing notes.”. We had grown into a more reasonable burn rate so raising capital meant we would have many years of cash on the balance sheet.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Up and Running

FEBRUARY 9, 2015

I want you to be really realistic about your personal financial portfolio and how you spend money before you make the decision to start a business. You need to learn how to read financial statements, statements of cash flow, balance sheets, a profit and loss statement. Now what are your basic startup costs?

Social Media 60

Social Media Small Business Software Review Technical Review 60

Both Sides of the Table

AUGUST 9, 2011

I thought about things I never had to as an entrepreneur: check size, ownership percentage, deal stage, portfolio construction and risk. The parallels to the music industry are too obvious even though the industry players, the medium and the cost structures are different. I have always believed that TV was ripe for disruption.

Stock 305

Stock Technical Review Marketing Greece 305