"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy cover image

"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy

E4: Can Turning Down a Huge Upround Lead to a Greater Outcome? FloQast CFO Razzak Jallow Proves It Can

Apr 25, 2024
Razzak Jallow, CFO at FloQast, discusses building trust with the CEO, responsible product innovation, and turning down a financing round that could have doubled FloQast's valuation. He shares advice for aspiring CFOs on evaluating roles, precision Q&A skills, and hiring top talent.
46:30

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Turning down a financing round can lead to a greater outcome by doubling valuation and increasing trust with investors.
  • The CFO's role involves executing the CEO's vision, building trust with colleagues, and fostering product innovation responsibly.

Deep dives

Importance of Strategic Investment

Investors provide funds to grow a core business, not for risky investments like Bitcoin. The pain of valuation drops affects hiring and employee engagement.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode