Nikonomics - The Economics of Small Business cover image

Nikonomics - The Economics of Small Business

36 - How Velo CFO Works with the Top 1% of Founders with Vibhav Joopelli

Jul 26, 2024
41:36

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Join me, Nik ( https://x.com/CoFoundersNik ), as I talk with Vibhav Joopelli  ( https://x.com/vibtweets ) founder of Velo CFO, to discuss the intricacies of launching and running a fractional CFO and accounting firm. Vibhav shares insights on working with top 1% entrepreneurs, the decision to niche down on venture-backed startups, and the dynamics of preparing companies for fundraising.

The conversation covers the challenges and opportunities in the industry, the economics behind fractional CFO services, and Vib's unique journey from Ramp to starting his own successful business. If you're curious about the world of fractional CFO services and venture-backed startups, this episode is packed with valuable lessons and practical advice.
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Here are some questions this episode answers:

- How did Vibhav Joopelli build a successful CFO firm?

- What strategies does Vibhav use for financial modeling and fundraise preparation?

- How can venture-backed startups benefit from fractional CFO services?

- What are the challenges of working with high-growth startups and how can they be overcome?

- How did Vibhav manage to scale his business while maintaining high-quality financial services?

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Love it or hate it, I'd love your feedback.
Please fill out this brief survey with your opinion or send me an email at Nik@cofounders.com with your thoughts.
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This week we covered:

01:19 Meet the Guest: Vibhav Joopelli 

01:41 Sponsor Message: How to Win a $100 Amazon Gift Card

02:23 Diving into Velo CFO: Services and Niche Focus

04:00 The Genesis of Velo CFO: From Private Equity to Startups

08:02 The Importance of Accurate Data in Financial Decision Making

13:10 The Entrepreneurial Leap: Starting Velo CFO

18:04 Customer Acquisition and Business Economics

19:31 Specialized Skills in CFO Roles

20:41 Sponsor Message: Win $100!

21:23 GL Accounting System Architecture

23:11 Fractional CFO Business Dynamics

27:29 Challenges in Fundraising and Valuation

35:10 Rapid Fire Questions

40:38 Conclusion and Final Thoughts

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