Updates

What's the difference between a budget and a forecast?

Tracking the Tax Cuts and Jobs Act, Section 174, and why it matters for bootstrapped and early-stage companies

Understanding how corporate franchise taxes work and how they impact your business.

How to model SaaS, ecommerce, and 15+ other common revenue models.

How multi-billion dollar investments in Artifical Intelligence companies are structured

How you can earn CPE credits while learning about venture capital

Recapping a webinar with Graph Advisors on going from Fund I to Fund II.

Learn how to build financial models the right way

Highlighting the Cornerstone Limited Partner Agreement (LPA) for emerging venture capital managers

Or, how to make sure you never create something like community-adjusted EBITDA.

$1 MM in template sales on Gumroad

Technical and practical considerations to keeping a clean cap table.

What the various roles in finance mean at a startup, and how to think about hiring for finance as companies grow.

From spreadsheet jockey to prompt CFO, the intersection of artifical intelligence and financial forecasting will bring experimentation to spreadsheets and new opportunities to financial modelers.

Plus when and how to use it in business decision making

Data sources and approaches to benchmarking your metrics for private, early-stage companies.

Using the Cap Table and Exit Waterfall and an import of a share register to create scenarios for fundraising rounds and proceeds from exits.

Best practices for effective budgeting for a rolling fund.

The foundations to building a forecast model for a venture capital fund.

How I plan to roll out support for LAMBDA functions.

Here's a few intermediate-level Excel functions that have significantly improved my financial modeling skills.

Hemrock's templates focus on using operational mechanics to forecast financials. Here's why.

Hemrock's Bring Your Own Model (BYOM) functionality allows you to build or bring your own growth and revenue model and easily use it to replace the default growth and revenue model in Hemrock's Standard Model.

The fundamental concepts about finance and accounting you need to know to use the Hemrock templates (or any financial model).

Here's a detailed look at consolidated financial statements, how to understand them, and the role they play in financial projections.

Estimating your cost budget is the first, and most important, step towards creating your financial projections.

How to model revenues using the top-down and bottoms-up approaches.

The FAST Standard is a guideline on how to construct good financial models. Here's an explainer of what the Standard aims to achieve and why I achieved my FAST certification and support the standard.

You're thinking about applying to an accelerator, or you're picking which one to choose. Here's what to pay attention to.

Startups often present their financial projections incorrectly. Here's why, and what you need to do instead

How to create the assumptions for startup financial models