โ๐๐ต๐ฐ๐ณ๐ช๐ฆ๐ด ๐ข๐ฏ๐ฅ ๐ญ๐ฆ๐ด๐ด๐ฐ๐ฏ๐ด ๐ง๐ณ๐ฐ๐ฎ ๐ข๐ฏ ๐ถ๐ฏ๐ฆ๐น๐ฑ๐ฆ๐ค๐ต๐ฆ๐ฅ ๐ซ๐ฐ๐ถ๐ณ๐ฏ๐ฆ๐บ ๐ช๐ฏ ๐ง๐ช๐ฏ๐ข๐ฏ๐ค๐ฆ.โ In the startup world, “Burn Rate” is often whispered about with the same mix of reverence and fear as a ghost story told around a campfire. But if youโre a CFO, you know that it shouldnโt be a mystery. Itโs simply the speed at which your…
โStories and lessons from an unexpected journey in finance.โ Itโs a scenario every finance leader knows too well. You spend October and November locked in conference rooms, arguing over basis points and headcount. You refine the model until itโs a work of art. By January 1st, you have a “perfect” budgetโa pristine map for the…
โStories and lessons from an unexpected journey in finance.โ While the rest of the world spent last week fighting for restaurant reservations and overpaying for roses, those of us in the finance world were likely focused on a different kind of long-term commitment. One that doesnโt require a candlelight dinner, but does require a very…
โStories and lessons from an unexpected journey in finance.โ If youโve been following along, you know I like to strip away the corporate jargon and look at the “bones” of a business. Weโve talked about Gross Margin through the lens of a cupcake shop and Free Cash Flow as your “Netflix money.” Today, weโre tackling a term that makes…
โStories and lessons from an unexpected journey in finance.โ The biggest line item on my P&L is also the only one that goes home at night. We are wrapping up the “Inner Circle” series with the most critical alliance of all: Human Resources. In finance school (or in my case, the school of hard knocks),…