05/24/2019
This waterfall is a clear and simple way to track performance.
The single best financial reporting tool ever
Today I faced a choice. Should I go out and enjoy the beautiful weather and waves and go for a surf or should I blog about my favorite financial reporting tool? Seems like a pathetic question for…
05/10/2019
#5 in A16z's list of 16 metrics is LTV which should be calculated off of contribution margin and NOT gross margin which many companies tend to do.
16 Startup Metrics
We have the privilege of meeting with thousands of entrepreneurs every year, and in the course of those discussions are presented with all kinds of numbers, measures, and metrics that illustrate th…
05/03/2019
Cash is king and with it, you can feed and expand your kingdom. Optimizing working capital is key to generating the cash needed to retain control of your kingdom. 👑
Go fund yourself: The power of working capital for start-ups
If you get this right, you might not need any outside investment at all.
04/30/2019
Slack's been around for all of 5 years and is one of the shorter private to public tenured startups. Given their vintage, their revenue is fairly concentrated today. But the ARR graph leaves much to salivate over. Conversion is key! Good luck.
5 Interesting Learnings From Slack. As It Gets Ready to IPO. | SaaStr
With Slack's IPO data and financials finally public, what is left to know about the app we all use and have been reading about for years? What's
04/26/2019
Resurfacing this old Medium article on operating metrics. Not surprisingly, numbers are the earliest form of communication because they provide some sense of truth and accountability. That was true for the Sumerians as it's true for us today.
The 10 Most Important Metrics in a Startup’s Financial Statements
Financial statements are a Rosetta Stone for startups. They reveal the strategies and the tactics of how to bring a product to market. These are the ten metrics I look at when sifting through a…
04/24/2019
Here's a basic infographic laying out lifetime value calculations. Do you use a different variation or are there other variables that should be considered?
Calculating the Lifetime Value of a Customer
How much is one new customer worth to a business? This infographic shows how to calculate the lifetime value of a customer.
04/23/2019
Great table of contents article by Mark Suster that lays out his point of view on fundraising. #7 took me by surprise but in thinking through it, makes a lot of sense. Be wary of opening up your VDR to too many disinterested parties.
Some Advice Before You Hit the Fund Raising Trail
Fund raising.
04/22/2019
FinAcct is a consulting firm that provides finance and accounting advisory services to early and mid-stage startups, elevating their financial visibility and accountability. FinAcct believes quality data is a cornerstone for smart decision making and strives to be a trusted advisor in guiding companies as they grow.