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.
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