Recently a startup asked me to introduce them to investors.
I asked them a few questions and realized they had no up to date financials, no financial reporting capabilities, and no ability to provide investors with updates as they scaled.
I told them I was not comfortable introducing them to investors due to this.
I instead gave them some advice on FP&A (Financial Planning & Analysis) tools to put in place to fix these gaps.
By
Jason Hishmeh