Startup Basics and Finance - You're a Fiduciary.

Jason: I hear you guys really work hard for especially the early stage startups that don't have experience in some cases. You do a lot of teaching, right? That's a big part of your job is to educate founders on what is a P&L? What's a balance sheet? How to read it? How to make a model? It's all really good stuff. Scott: kudos to you for making time and talking to these people. This is where you build your reputation as a venture capitalist. Jason: We're going to do many more of these; our next startup basics and finance series will be about monthly updates.