CHAPTER 1Business Thinking and FinancialModeling for Technology Startups
Your financial model is a key management tool. If built correctly, it will provide invaluable assistance in understanding, managing, and presenting your business idea. It can assist you in the simple budgeting of cash, or it can serve as the primary basis for a valuation of your company.
In this chapter, I will explain several concepts related to technology startups. We will discuss questions that entrepreneurs get from investors. We will explore strategies and principles that create success and credibility, and we will view the early-stage enterprise through the lens of value. We will discuss the financial model, a tool that assists the entrepreneur in planning and in ...
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