3min chapter

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The Best Financial Advice VCs Give Startups | Startup Finance Basics w/ Kruze's Scott Orn

This Week in Startups

CHAPTER

Understanding the Importance of Accrual Accounting in Startup Finance

This chapter highlights the critical role of proactive communication with venture capitalists, advocating for regular updates and board meetings to strengthen relationships. It also explains the benefits of accrual accounting over cash accounting, emphasizing how it provides a clearer financial picture to investors and enhances trust during board presentations.

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