{"id":34453,"date":"2023-08-27T16:00:38","date_gmt":"2023-08-27T16:00:38","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/08\/27\/never-express-your-use-of-funds-slide-as-percentages-techcrunch\/"},"modified":"2023-08-27T16:00:38","modified_gmt":"2023-08-27T16:00:38","slug":"never-express-your-use-of-funds-slide-as-percentages-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/08\/27\/never-express-your-use-of-funds-slide-as-percentages-techcrunch\/","title":{"rendered":"Never express your \u2018use of funds\u2019 slide as percentages | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<div class=\"article__featured-image-wrapper breakout\">\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n<div>\n<p id=\"speakable-summary\"><span class=\"featured__span-first-words\">When investors look<\/span> at a startup slide deck, they are looking for something very specific. Yes, they want to know if the team is great and the market is huge and the problem is worth solving and the solution makes sense. Of course. But another thing they are looking for is whether the founders understand the journey they are on.<\/p>\n<p>If you step on the VC treadmill, you\u2019re signing up for rapid, explosive growth. You have to: If you don\u2019t, you don\u2019t fit into the models of <a href=\"https:\/\/techcrunch.com\/2022\/08\/17\/how-venture-capital-works\/\" target=\"_blank\" rel=\"noopener\">how VC works<\/a>. And that\u2019s OK \u2014 not every company is suitable for VC funding.<\/p>\n<p>The other truth is that your funding amount includes a very literal deadline: If you run out of money, that\u2019s the end of your company. So, before you run out of money, one of three things needs to happen:<\/p>\n<ul>\n<li>You have an exit event, which usually means getting acquired or going public through an IPO. The latter is more predictable than the former, and early-stage companies usually don\u2019t have that as an option.<\/li>\n<li>You reach break-even and are able to operate the business from cash flow. In other words, you are making more money than you are spending.<\/li>\n<li>You raise another round of funding.<\/li>\n<\/ul>\n<p>For early-stage companies, the first two options are off the table, which means you need to paint a compelling picture for another round of funding. That\u2019s where startups often fall down. Here\u2019s how to fix that.<\/p>\n<div id=\"attachment_2590547\" style=\"width: 970px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2590547\" decoding=\"async\" fetchpriority=\"high\" class=\"breakout size-full wp-image-2590547\" src=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg\" alt=\"\" width=\"960\" height=\"540\" srcset=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg 960w, https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg?resize=150,84 150w, https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg?resize=300,169 300w, https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg?resize=768,432 768w, https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg?resize=680,383 680w, https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/Ask-and-Use-of-Funds-fail-3.jpeg?resize=50,28 50w\" sizes=\"(max-width: 960px) 100vw, 960px\"\/><\/p>\n<p id=\"caption-attachment-2590547\" class=\"wp-caption-text\">This slide has two Texas-sized red flags. Can you tell what they are? Also: Yeah, I \u201cdesigned\u201d this slide. This is why I\u2019m getting some help for the <em>how it should be done<\/em> example below. <strong>Image Credits<\/strong>: Haje Kamps\/TechCrunch+<\/p>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2023\/08\/27\/use-of-funds-are-not-percentages\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When investors look at a startup slide deck, they are looking for something very specific. Yes, they want to know if the team is great and the market is huge and the problem is worth solving and the solution makes sense. Of course. But another thing they are looking for is whether the founders understand [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-34453","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/34453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=34453"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/34453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/34454"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=34453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=34453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=34453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}