At the seed stage investors are interested in gross growth (not net growth). As founders it is your responsibility to have financial intelligence. Investors will be using lingo like Cost of Sales, Gross Margin, SG&A, Operating Expenses. etc.
You’ll be expected to know how to read and produce a balance sheet for your company. Unless you can afford to pay someone else to do that for you. A CFO.
Links:
Dmitry is working on a Professional Employer Organization
Partnerhero.com - Outsourcing for startups
gymad.io - gym membership for digital nomads in south america
kiki.nyc - Share Wifi with your neighbors
James is working on a financial newsletter for companies
foresight.is - Standards-based, rock-solid financial model templates for forecasting and fundraising for any type of business
Chartmogul - consolidate and clean your billing data, then analyze itÂ
Next Meetup
Our meetup is every two weeks. Check out the zoom link for registration and dates.
If you would like to advertise on the SoloFounders Newsletter please reach out.