Jakob Wrulich

10 years as Startup CFO | Background in M&A and Consulting | Fintech | Proptech | SAAS

[Jakob Wrulich @jacck77]

11/ In conclusion, managing cash and liquidity is critical for startups. I bookmarked all these resources as I find they provide valuable and actionable insights into optimizing your financial management, forecasting cash flow, and surviving lean periods.

[Jakob Wrulich @jacck77]

1/ For startups, managing cash and liquidity is essential for survival and growth. There is some great content out there on this topic. Here are some valuable resources to help you make informed decisions and optimize your financial management:

[Jakob Wrulich @jacck77]

10/ Understanding cash flow statements II: using Google as an example, @AliTheCFO's tweet reminds us that cash is the lifeblood of any business, and managing it effectively can make or break a startup's success. https://t.co/ZTncR65HxN

[Ali @AliTheCFO]

STOP focusing on Profit

START focusing on Cash Flow

Cash Flow Statement 101:

[Jakob Wrulich @jacck77]

Good article from @BessemerVP on when you should hire a CFO and what background they should have.
Also: "the single most important quality in a finance lead is the ability and willingness to challenge founders"
https://t.co/IE2zjeGIeu
#CFO #startups

[Jakob Wrulich @jacck77]

@KordisCEO Absolutely key to have this discipline. Our SaaS spend skyrocketed after Series B as different stakeholders just started using new tools. We implemented a strict approval process and cut spend down by over 20%

[Jakob Wrulich @jacck77]

@KurtisHanni Great summary!

[Jakob Wrulich @jacck77]

@theacorn1010 Wow. It seems that we still have a ways to go before AI can program rocket ships and airplanes.

[Genevieve Roch-Decter, CFA @GRDecter]

What happened with Silicon Valley Bank was just a blip compared to the much larger timebomb sitting on bank balance sheets

Here’s the even larger issue investors should worry about 🧵

[Jakob Wrulich @jacck77]

Very true. VCs tend to become more involved if you fail to meet your targets. You'll then need to invest more time in demonstrating to your board that you're taking the correct actions, which detracts from focusing on operations.

[The Secret CFO @SecretCFO]

The key to having good investor relations?

Spend less time worrying about investor relations, and more time driving cashflows in the business.

Telling a good story is easier if the story is already good.

[Michael Kent @azimomike]

Amazing Christmas stories from @Azimo customers - Happy holidays everyone 🎅🌲❄️☀️

[Frog Capital @frogcapital]

Congratulations @Azimo - #18 on the @TechFast50 !!

https://t.co/VtIIrpFuxC