10 Most Important Financial Metrics
Happy Thursday!
Tons of good content today.
Thought of the day:
“We need solitude, because when we're alone, we're free from obligations, we don't need to put on a show, and we can hear our own thoughts.”
― Tamim Ansary
TOP FIVE
🚀Archives / Went a bit back in time and found this Tomasz Tunguz post on the key SaaS startup metrics. They're a reality check on the keys to your company's success. Take a look at "The 10 Most Important Metrics In a Startup's Financial Statements".
🌵Meetings / One of the topics I find less consensus on is how to run an effective meeting. Despite my obsession with personal productivity, when it comes to the team I'm particularly lousy at it. This is what I found from Harvard. Some good points, so read it, but overall kinda meh. If you have anything great on this subject, please send my way and I'll share next week.
🦄 Venture Capital / Know how investors rate your company's value? Don't worry, Austin from GoingVC explains it in "Venture Capital Due Diligence: Financial Valuation".
👍Survive / The Hustle wrote "How small business owners survived the Great Recession". Interesting take on what worked and what didn't.
🔢1+1 / Ever heard of Baking Therapy? Well, now you have.
EVENTS
Mentorship
We have a prime event tonight for our students. Students will be able to join and hear from mentors on topics that relate to top-of-mind student challenges. Such as what to do after graduation, investing in yourself, and myths about launching a company. Students can register here.
Volunteer
The Activate Good team would appreciate helping spread the word about an enormous project. "We’ve partnered with Wake County Public Schools on a project called Operation Access. Volunteers are needed to get wireless hot spots ready for 10,500 kids in Wake County who need access to learn. Volunteer information, safety requirements, and registration can be found here. Volunteers are encouraged (but not required) to sign up for multiple shifts to minimize contact".
THE SCOOP
BCVP Portfolio Companies
Their Portfolio Companies are Hiring!
Let us know if you are interested, or if you know someone who may be.
Head of Communications – Even
Salesforce Administrator/Developer – Adwerx
Marketing Director – Circonus
Director of Sales – Full Measure
Various positions – Levitate
Senior Full-Stack Software Engineer – ServiceTrade
CTO – Spoonflower
Mann+Hummel Corporate Ventures Intern
We are looking for an undergraduate or graduate student to intern with our Corporate Venture group for the fall semester. Tasks will range from helping streamline how we source and evaluate investments candidates, to assisting internal digital venture teams on various tasks, to conducting research on different market and technology areas. Engineering or science backgrounds preferred, particularly if you like automating systems and have diverse areas of technology interests.
Signature Bank
The newly formed Venture Banking Division of Signature Bank is hiring a portfolio analyst for its Durham location. Unique opportunity to work directly with an experienced lending team focused on early stage companies in the venture space. The Analyst will assist the team with the underwriting analysis for new and existing deals including monthly monitoring, spreading of financial statements and preparing sections of the deal memos. Assist with loan closing process including working with other areas of the Bank to fully onboard the client.
Requirements:
- Strong interest in the venture industry and desire to work with early stage
- Ability to work in a team environment
- Strong attention to detail and analytical skills
- Able to prioritize tasks in a fast-paced environment
- Microsoft outlook, Word and Excel; Spreading Financial Statements
- Strong communication and analytical skills
- College Graduate with 0-1 years of relevant experience
See you next week,
Gabe
