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Minimum Viable Finance: The Guide for Seed/Series A Startups

125 pointsby refrigeratorabout 2 years ago

7 comments

refrigeratorabout 2 years ago
Hi HN, I&#x27;m the founder of <a href="https:&#x2F;&#x2F;causal.app" rel="nofollow">https:&#x2F;&#x2F;causal.app</a> and the author of this post —<p>Most of the finance content online is very textbook-y and overkill for early stage cos, so wanted this to be a &#x27;no-nonsense&#x27; guide for founders&#x2F;ops people that have to juggle a bit of finance stuff alongside everything else.<p>We&#x27;ve helped lots of startups across different stages with finance stuff over the last few years through Causal, so I&#x27;m happy to try and answer any questions :)<p>Thanks for reading!
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nawgzabout 2 years ago
I&#x27;m always curious what makes you credentialed for this type of business &#x2F; corporate knowledge.<p>It&#x27;s not to denigrate this person or their current company, but Causal itself seems to only be at the Series A point in funding, maybe they&#x27;re working on their Series B. The author himself seems to have no other experience in startups, just some past professional experience. On the flip side, it is true his company seems to have 7 or 8 digits of funding and has a few employees after existing for 4 years, which is probably a pretty strong outcome in startup world.<p>I perceive this to be the value of YC itself for instance - institutional knowledge of a hard-to-get type.
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O__________Oabout 2 years ago
Anyone have a link&#x2F;list of notable billion plus market cap companies that reached this valuation without using equity exchanges?
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tamadeabout 2 years ago
Mercury Treasury takes a hefty cut (0.6%) of VUSXX yield. Any alternatives other than opening a Vanguard account?
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outside1234about 2 years ago
NOTE: Banks have a maximum of $250k in insured deposits
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sbussardabout 2 years ago
Why buy bookkeeping services, couldn’t you automatically categorize expenses?
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stevieveeabout 2 years ago
This is just a bad piece of content marketing.<p>If you just raised a $30-60+ million Series A and are relying on anything in this article, you will have bigger problems. It is this self-righteous approach to finance&#x2F;accounting that gets companies into trouble down the line.
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