Will Little @wclittle Subscribe

Managing Director at Prota Ventures.
I'm a bioengineer-turned-software-developer and venture builder/investor. Learn more about me professionally on LinkedIn, personally here, and check out the podcast I host, Ventures.

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Topic:   Financial Modeling
 Will Little

Jan 26, 2022
Startups Financial Modeling Ventures Podcast

Startup Finance & Accounting 101: A crash course for founders :: with Veronica Sagastume

In this episode of Ventures, my guest Veronica Sagastume (https://www.linkedin.com/in/veronicalsagastume/) and I talk about all-things startup finance and accounting. From the perspective of what founders need to know, this episode ended up being a crash course in the various high-level aspects of bookkeeping, accounting, controller work, fractional CFO work, tax prep, legal considerations, and finance operating suggestions. Veronica’s firm (https://www.fortifiedaccounting.com/) works with funded, early stage startups and she makes a compelling pitch for why you should seriously consider hiring a firm rather than individuals in the early stages of your funded business.
Will Little

Aug 25, 2020
Startups Financial Modeling About Will

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.

Will Little

Oct 6, 2016
Startups Financial Modeling

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.

Will Little

Sep 29, 2016
Startups Financial Modeling

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.
Will Little

Sep 22, 2016
Startups Financial Modeling

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.
Will Little

Sep 16, 2016
Startups Financial Modeling

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.