Investors review three key financial documents when considering an investment in a startup:
- Cap table
- Financial statements
- Financial model
A signficant deficiency in any of these three documents is enough to stall or stop an investor from moving forward.
As an investor with Band of Angels, without a doubt, the financial model is always the weakest of these three.
Most startup financial suffer from three problems:
- Not clear
- Not detailed
- Not reasonable
Join us for an insightful class covering how a seasoned investor evaluates a startup financial model. We’ll also do a live walkthrough of an actual model from a startup and show how to use our simple fill-in-the-blanks financial model included with our due diligence course.
