A conversation with Ivan Hoo, a startup advisor and part-time CFO. startup founder and angel investor. Ivan gives important tips on the importance of building a strong financial model for early startups, with tips and insights from his work as a startup CFO.
Chapters
00:00 Introduction and Background
03:07 Building a Financial Model for Seed Startups
08:57 Identifying Customers and Sales Channels
13:44 Scenario Planning and Assumptions
16:22 Showing Awareness of Other Possibilities
18:30 Involving the Entire Founding Team
21:53 Founders’ Need for Financial Models
23:41 Founders’ Preparedness and Financing Options
26:13 Advising on Financing and Preparedness
28:44 Conclusion and Contact Information