As the last few weeks of the course approach, we're nearing the end of the journey! My group has been putting together our pitch deck over the last week or so, as we got approval from Rick last week for our final business model and general plans. I'm a bit nervous about getting everything ready in time but I think we should be able to pull it off. I'll probably be in charge of doing most of the financial work, as I've taken a some classes in the field and done a few internships in VC/banking. The task is both exciting and daunting as the numbers really drive everything. Hopefully I haven't lost my Excel skills from last summer!
Stay tuned to our group blog to see the outline for our deck and what we put together for this week's run-through, and I'll post a link here as well in a few days.
EDIT: Our pitch deck can be found here!
Hi Alka,
ReplyDeleteI love your enthusiasm. The last days typically require a focus on go-to-market and financials and it seems like that's happening.
On the financials, take out the Tax line and don't use the negative numbers as an offset for the money to be raised. It's just a tax credit to be applied once you're profitable. So, it looks like you're going to need $3M plus. Raise enough for at least a year, preferably 18 months. I'll share this on your group blog.
See you Thursday.