Basic Startup Cost model
Originally published: 31/01/2017 09:51
Last version published: 01/06/2017 11:06
Publication number: ELQ-15005-3
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Basic Startup Cost model

Answers the question to how much you need to raise for a venture backed startup.

Description
There comes a big issue when entrepreneurs are mislead about one of the crucial tools needed for a start up company. They are told to not use any financial model when making up their fundraising rounds until they get to the Series B level. However, we all know that this is very flawed.

I have made this simple and basic model for you to use as the basis for your own cost model. This should help you give you an idea of where to start when it comes to finding how much capital you need to reach that next milestone.

I highly advice founders to build on this or anything as such that you may come through because it does help in guiding you in the right direction - how much money to raise, and how to manage cash burn.

Additionally, some key ideas are given on the online methodology, which can be used as tips as build upon the model.

This Best Practice includes
1 excel model, 1 methodology online

Prof. Sunil Rajaraman offers you this Best Practice for free!

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Further information

Does not have a revenue build.


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