Startup board meetings are scheduled several weeks apart, but many founders work until the last minute on the deck updating investors on revenue, the product pipeline, hiring, and other essential matters.
In this environment, founders who try to “bright side” their numbers into a positive narrative will lose credibility.
It’s nice to think so, but you can’t present a detailed plan that will save the day — there are simply too many factors outside of your control.
The best move is to make a directional plan, but to craft one, you’ll first need a firm handle on the KPIs your investors are considering before your next fundraise.
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In a detailed post that includes formulas and benchmarks for calculating incremental profit margin, pre...
