Betting On It, S1 E6: Financial modeling for startups w/ Kenneth Giles from Forecastr.co
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Show Notes
BettingStartups.com brings you Season 1 of Betting On It, an 8-episode series that follows one betting industry startup as it gets investor-ready ahead of its seed funding round.
In this episode, Drew and Sahil from BetsBooster are joined by Kenneth Giles from Forecastr.co, who drops a ton of knowledge on everything related to financial modeling for early-stage companies.
They discuss:
- Different broad approaches to fundraising strategy, and the pros and cons to each
- The importance of doing bottoms-up customer modeling, and how to get started with that process
- Understanding which metrics matter most for early-stage companies, especially when there isn't always a lot of available data
- How to think about and approach valuation in discussions with investors
- Using SAFE agreements for investment, and why they are a popular option for startups
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