Entrepreneurs got used to playing VCs off each other and picking the highest valuation. Now some of those decisions are coming home to roost. The number one thing you do not want to do is surprise your venture capitalists with an accelerated cash out date. And now's that time where you have to be just really nice to your VCs.
Jason welcomes back Kruze COO Scott Orn for another edition of Startup Finance Basics! Jason and Scott break down the state of the market (0:00), 2023 budget planning (9:21), and how to nail investor comms! (14:58)
(0:00) Jason welcomes Kruze COO Scott Orn and they discuss the state of startups and VC
(9:21) What a 2023 budget plan should look like at a Seed stage startup
(14:58) Bias for action, investor comms