How to Impress VCs with your Startup Model (Part 2): Communicating Your Model the Right Way

  • Numbers should be consistent across all sources (i.e. numbers in the pitch deck should tie to the model and historical performance should tie to internal accounting documents).
  • Investors are reviewing the model to understand the assumptions, so they should be laid out in a clear manner. We suggest putting inputs and outputs on separate tabs. Using clearly labeled tabs can also help investors navigate the model (e.g. output tab, assumption tab, KPI tab).
  • Using color coding can make the model easier to understand. Investors with a financial background are accustomed to seeing hardcoded values in blue, links to numbers in green, and formulas in black.
  • For companies that are post-launch, we recommend showing a clear separation between actual vs. projected results in the model.

--

--

--

BBG Ventures is an early-stage fund backing female founders with big ideas that will reshape the way we live.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Metrics Madness — Part 1 of 2

The Growth Project: Day 44

How to Develop an Entrepreneurial Skillset in Kids

Young kids and students learning how to build a business and treat it like a real game and challenge using the URLYstart program.

SIMONE AND LOVELDA VINCENZI: The Public Speaking Power Couple

My Thoughts: Piggyvest

Apply now for the 2020 jamlab accelerator programme

Be Willing to Wait For It

5 Steps To Validating Your Awesome Idea Before Launching A Startup

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
BBG Ventures

BBG Ventures

BBG Ventures is an early-stage fund backing female founders with big ideas that will reshape the way we live.

More from Medium

The Top UK Venture Capitalist Firms in the United Kingdom

How Angel Investors Should Analyze Startup Financials

Why and when to take VC funding for an early-stage startup?

Why pitching to VCs is the numbers game