Microsoft BizSpark - Microsoft BizSpark is a global program that helps software startups succeed by giving them access to Microsoft software development tools, connecting them with key industry players, including investors, and providing marketing visibility to help entrepreneurs starting a business. Microsoft BizSpark is a worldwide partner of the Founder Institute, providing software, support, facilities, and mentoring to many entrprenuers within the Fouder Insitute network. Learn more about our partnership here, and sign-up for BizSpark here.


Clifford Chance is one of the world's leading law firms, with 33 offices* in 23 countries and some 3,200 legal advisers. www.cliffordchance.com


Sanoma Media is a media company that crosses frontiers, with her expertise, creativity and appealing content Sanoma creates the right context for advertisers to achieve their objectives. Sanoma Media Netherlands B.V. is a part of the Sanoma Group, an European mediagroup operating in several media sectors in twenty countries www.sanomamedia.nl


V-Ventures is a holding company with a portfolio of Dutch investments geared towards news- and information supply and management www.v-ventures.nl  

Identifying the Key Drivers of Your Startup’s Financial Model, by Vince Scafaria

Posted by Amity Sims on 2013-12-20

Inside FI gives you exclusive access inside the training sessions of the Founder Institute. To get updates when we release new videos, follow us on Twitter or subscribe to our weekly newsletter here.

Before you can move forward with a business idea, you need to have cash. More importantly, you need to manage that cash wisely. In this talk from the New York Founder Institute, Vince Scafaria explains the necessary components of a financial model, and offers tips for money management in the first months of starting up.

Vince Scafaria is founder and CEO of DotAlign, a collaborative relationship management app for professionals looking to get the most value from their social graph. In addition, he was founder and CEO of DealMaven, and served as Director of Operations for the Investment Banking vertical of FactSet.

“Getting that first check from your clients is so much harder than you’d ever imagine” says Vince. "Be conservative and always know how you’re going to survive under different scenarios”.

The New York Founder Institute is currently accepting applications for the upcoming Winter Semester. If you could benefit from expert training and feedback to launch a company in New York, click here to learn more and apply today. Final applications are due 2011-10-02.


                            

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