The most challenging aspect of fundraising is telling a story around the numbers.
Most startup founders excel at communicating their passion and the need their product is solving for, but communicating the financials and the business dynamics—the FP&A—often trip them up.
Wouldn’t it be nice if there was a software platform that could help you out with this?
David Greenbaum thought the same thing while shepherding his previous startup, Boost Media, through fundraising rounds.
There wasn’t a platform at the time centered around financial models, so he built one—OnPlan—where he serves as CEO.
Financial modeling topics we discussed with David:
- Combining the strengths of spreadsheets with engineering best practices
- Three reasons to develop financial models
- Why agility is the one true competitive advantage for startups
- The value of thinking backward and generating scenarios