David Teten

SEPTEMBER 23, 2017

Even for later-stage companies with predictable financials, the lack of liquidity, audited financials, and standardized metrics creates real challenges to scaling quantitative investing. Later stage investors are using private company marketplace services focused on more established companies, listed below under “Exit Investments”.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Steve Blank

OCTOBER 1, 2009

Sloan put in place GM’s management accounting system (borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals.

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

Hunter Walker

JULY 18, 2022

Do you understand your cost structure and can you manage to a forecastable growth rate. It seemed that the outcomes were bigger than we ever anticipated and each vertical could create multiple huge winners because of market size, massive global reach, and so on. What’s the biggest open question for most companies in remaining ‘great?’

Valuation 117

Valuation Cap Table Startup Later Stage 117

Hunter Walker

FEBRUARY 20, 2018

Asking founders to prematurely perfectly forecast the amount of capital they need to get to a Series A is an unnecessary constraint. Why should I expect premature precision in budgeting and forecasting the capital requirements? Why does this matter to founders (and to us)? A few reasons.

Forecast 109

Forecast Early Stage Dilution Later Stage 109