If you can show that you can monetize a little bit, that gets everyone really excited, right? I mean, nothing speaks like revenue. Now your credibility is going up because you have put yourself in the bucket of somebody who makes a plan and delivers against the plan. And this is where expenses are super important. There are people have gotten Lucy Gucci, VCs, employees, everybody in between contractors, founders, VPs. Everybody has not looked at cost. They buy software. They don't use it. The belt tightening is here.
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