Fri, 28 August 2020
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. After completing the financial projections, you may want to create various scenarios of your financial model. Startups are often optimistic, while investors are pessimistic. You may want to create a best-case scenario and a worst-case scenario. For the worst-case scenario, keep your revenue at the current level or only with small increases. Check your cash position and runway and adjust the expenses and fundraise plan accordingly. For the best-case scenario, use the revenue targets you have in mind. Check your cash position and runway and adjust the expenses and fundraise plan accordingly. Here are several common errors:
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
Direct download: EG_July_2020_Startup_Funding_Espresso_-_Financial_Projections_-_Best_case_Worst_case.mp3
Category:general -- posted at: 2:36pm CDT |