Investor Connect Podcast

Diligencing the Financials

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In diligencing the startup’s financials, ask the following questions:

What is the key assumption behind the financials?

Does it assume a product will reach the market at a specific time?

Does it assume we’ll have hired new team members by a certain date?

What funding does the plan assume?

What price and unit volume were used to set the sales forecast?

How do the margins compare to similar companies? Are they in the same ballpark?

What salaries are forecasted, and are they reasonable for this stage of business?

How will the funds be used?

How detailed are the numbers? Is everything rounded up to the nearest thousand dollars, or does it demonstrate specific knowledge of costs?

Big round numbers signal a swag.

What is the cash runway shown by the financials?  

What does the debt, credit card debt, and unpaid expenses add up to?

The financials tell you, the investor, what the startup knows and is thinking. 


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.
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Music courtesy of Bensound.

Direct download: Diligencing_the_Financials.mp3
Category:general -- posted at: 6:00am CDT

On this episode of Investor Connect, Hall welcomes James Wagoner, CEO at Joule Case.

Joule Case is a portable power station that replaces gas generators and provides power wherever the power grid is unavailable or unreliable. Joule Case has developed a patented alternative energy technology solution that will make it the standard oil of the green revolution. 

Joule Case provides innovation in a largely stagnant battery market, replacing noxious generators with clean, safe, cost-efficient renewable power in the fast-growing event-power industry with music festival partners like Burning Man and Electric Daisy Carnival (EDC). 

James builds teams, manages resources, and aligns with the long-term vision. As a licensed professional engineer with years of developing technical projects and products, he comes from a technical background and understands the importance of people for any large technical project, product, or organization. James excels at building rapport and aligning incentives to unify diverse teams and organizations. Throughout his career, he drives for a better, greener world through technology development and implementation. He enjoys both professional and personal challenges, such as climbing Mt. Rainier and cycling from San Francisco to LA.

James discusses running a business in the energy industry and shares some of the challenges startups face. He speaks about potential rewards and mentions the differences between his company and competitors.

You can visit Joule Case at www.joulecase.com, on LinkedIn at www.linkedin.com/company/joule-case/, and on Twitter at www.twitter.com/joulecase.  

James can be contacted at jamesw@joulecase.com, and on LinkedIn at www.linkedin.com/in/jameswagoner3

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.

Direct download: James_Wagoner_of_Joule_Case.mp3
Category:general -- posted at: 6:00am CDT

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