UPDATE: New online class for 2013 is listed on Skillshare here.
Learn how to translate any business idea into a financial model and leave this class with a completed financial model for your own business idea.
The goal of a financial model is to "tell the story about your business in math" - something I’ve done for 1000s of businesses of all sizes as a VC at kbs+ Ventures. It’s also something I’ve helped 10,000+ entrepreneurs do with the modeling tools I built at Foresight.
Through this class, you'll understand how to take a business idea and turn it into a financial model that details how your business "works". The end result of the class - a detailed outline and structure of the main assumptions, revenues, costs, financial statements, and funding requirements, will create a map for you to explore how tactical product, marketing, organizational, and strategic decisions impact a company’s profitability.
Each week, the goal is to tackle a different part of a financial model, and we'll work on particular keys to revenues, costs, user estimates, cap table, and tackle the particular obstacles in each component of a financial model.
The focus is on building financial models in Excel. You’ll learn how to turn a mental business idea into an Excel financial model by building out assumptions, costs, revenues, user analyses, financial statements, scenarios, funding requirements, and capitalization tables.
VC, kbs+ Ventures
Taylor Davidson is a venture capitalist at kbs+ Ventures, the thematic early-stage venture investment arm of the advertising agency kbs+. He is an advisor to a range of early-stage ventures and a mentor with Launch Pad Ignition and The Brandery. Over 10,000 entrepreneurs have downloaded one of his E... view full bio