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Startup Financial Models: Best Practices in Spreadsheet Design

David Teten

I’ve tried to summarize the most useful and easily achievable steps, so that even casual users can start making their spreadsheets more valuable without delving into macros or VBA programming. Purpose of a Model. A financial model should be a virtual re-creation of the actual business.

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Silicon Valley Frontlines: Two Tales of "Working For Equity"

philipsmith.typepad.com

a year burn rate and your equity is worthless due to numerous recapitalizations and bridge loans from investors then either you don't get it or I'm stupid to do it. This prevents automated programs from posting comments. The second example came along just this morning. Please try again. Having trouble reading this image?

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Everything you ever wanted to know about advisors: Part 2.

venturehacks.com

Most of their companies would probably give 6% of their shares to YC for free, just to participate in the program. The company is acquired, recapitalized, or otherwise restructured and the advisors are no longer useful or desired. The company has left the line of business where the advisor added value.

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How to Be an Angel Investor

www.paulgraham.com

60,000is less than a lot of graduate programs. The reason you dont want to give them up is the following scenario.The VCs recapitalize the company, meaning they give it additionalfunding at a pre-money valuation of zero. It doesnt happen often.Brand-name VCs wouldnt recapitalize a company just to steal a fewpercent from an angel.