Episode 34 Storytelling by the Numbers

Tech Uncensored - An Altitude Accelerator Podcast

Great fundraising stories require robust financial models. Founders looking to raise capital need to be able to effectively articulate performance and future activities by defending their numbers. Investors want to understand your overall business strategy and the ‘how’ and the ‘why’ behind your performance and your projected financials.

Your ability to answer questions at the macro and micro level of your business is crucial to obtaining stakeholders’ confidence as your business grows. A good financial strategy developed will be the key to making critical decisions over time and allows you to articulate your business strategy and growth plans.

We spoke with Yanky Li, an advisor to technology start-ups who had previously co-founded an AI/real estate company and helped a fintech unicorn get to where it is today. He is a CPA in both Canada and Australia. By having a founder mindset, he has helped those who want to change the world in their own way. Yanky helped us break down the importance of not only building a robust financial model, but also how it interplays with all aspects of your business. We will delve into how it can be leveraged for resource allocation, strategic planning and for risk management. For startup founders, a comprehensive financial provides transparency, evidence of financial viability and a roadmap for a company's growth.