Topic: Financial Modeling
I turned 40 this summer. I spent my 20s building businesses and my 30s investing in early stage founders. Here are a few things I’ve learned thus far.
Greetings to anyone else out there in the Oregon Trail Generation that is crossing (or has recently crossed) the 40 mark. :) We’re old enough to remember an analog world, but young enough to have grown up with the early days of the Internet. It’s been quite a ride thus far.
Startup Financial Modeling, Part 4: The Balance Sheet, Cash Flow, and Unit Economics
In the first three articles in this series, we looked at the big-picture motivation for startup financial modeling, why it’s important to start with your assumptions, and how to practically build your income statement and custom detail tabs. Today, we’ll finish off the series by examining how to construct the final components necessary to complete your model, including a quick discussion of unit economics and how to best keep your model updated.
Startup Financial Modeling, Part 3: The Income Statement and Custom Detail Tabs
In the first two posts in this series, we examined why building a financial model for your startup is important and how to practically get started with your assumptions tab. Today, we’ll continue by diving into the income statement and supporting tabs used to calculate your projected revenue and expenses.
Startup Financial Modeling, Part 2: Start with Your Assumptions
In the previous post of this series we described what financial modeling is and why it is important for startup founders to build their own models from scratch. Today, we’ll begin by diving into how to practically start building a financial model.
Startup Financial Modeling, Part 1: What is a Financial Model?
Our plan is to break this out into a four-part series and guide you through the components necessary for building your own financial model from scratch: Part 1: The why and what of financial modeling // Part 2: Assumptions // Part 3: Income statement and custom detail tabs // Part 4: Cash flow, balance sheet, and keeping the model updated.