Feld Thoughts

JULY 22, 2011

Their suggestion was to write a series of posts that follows the development of an imaginary startup as the company navigates various events, focusing on how each event will impact not only the P&L, but also the Balance Sheet and Cash Flow Statement.

Finance 135

Finance Congo Chicago Cambodia 135

Feld Thoughts

JANUARY 11, 2019

Assuming the people addressing the issues were the right people, and the extended team (management and board) focused on the correct problems, and then the team gave each other enough time to see whether or not what they were doing addressed the issues, more often than not things ended up in a happy place.

Balance Sheet 154

Balance Sheet Cash Position Leadership Restful 154

Feld Thoughts

AUGUST 12, 2011

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. It required a small investment of time and money to get QuickBooks up and running, but it was a manageable distraction from building SayAhh’s core product.

Balance Sheet 136

Balance Sheet Forecast Cap Table Early Stage 136

Feld Thoughts

MAY 18, 2012

The way most board meetings are currently conducted is a waste of time for management, significantly inefficient, and generally ineffective. Send out monthly financials (Income Statement, Balance Sheet, Cash Flow) with a written analysis of them. But for now, I’ll give you three specific things to change.

Balance Sheet 139

Balance Sheet Early Stage Email Management 139

Feld Thoughts

JANUARY 19, 2017

It includes P&L, Balance Sheet, and Cash Flow statements. In addition, there is a cover MD&A (hopefully written by the CFO – not a formal SEC one, but a comprehensive management discussion and analysis). Monthly financial package: This is a full financial package distributed to the board and executive team.

Balance Sheet 70

Balance Sheet Metrics SEC Distribution 70

Feld Thoughts

FEBRUARY 7, 2012

Ultimately, all the numbers translate into three financial statements – the P&L, Balance Sheet, and Cash Flow Statement. This doesn’t mean that the leadership and functional managers shouldn’t track and analyze the detailed data. Every company I’m involved in keeps track of numbers. They should.

Balance Sheet 158

Balance Sheet Revenue Metrics Leadership 158