Startup weekend Lisbon 2016

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  • Martin van Wunnik 18 / 5 / 2016 | Martin van Wunnik 18 / 5 / 2016

    4 FINANCE TAKE-AWAYS

    for Startups

    Martin van Wunnik

    8 / 5 / 2016

    Fbrica de Startups

  • Martin van Wunnik 28 / 5 / 2016 | Martin van Wunnik 28 / 5 / 2016

    Creativity

    level

    Finance & Accounting

    level

  • Martin van Wunnik 38 / 5 / 2016 | Martin van Wunnik 38 / 5 / 2016 3

    4 TAKE AWAYS

    Cash is king

    Whats P&L ?

    Where to get money?

    Shareholders implications

  • Martin van Wunnik 48 / 5 / 2016 | Martin van Wunnik 48 / 5 / 2016

    Cash is king

  • Martin van Wunnik 58 / 5 / 2016 | Martin van Wunnik 58 / 5 / 2016

    Whats Profit & Loss (P&L) ?

  • Martin van Wunnik 68 / 5 / 2016 | Martin van Wunnik 68 / 5 / 2016

    Cash flows P&L

  • Martin van Wunnik 78 / 5 / 2016 | Martin van Wunnik 78 / 5 / 2016

    Assumptions Financial Plan

    What are your revenues ?

    What are your costs ?

    What are your investments ?

    How many persons for your project ?

    Expected cash flows

    Required capital

    Valuation

  • Martin van Wunnik 88 / 5 / 2016 | Martin van Wunnik 88 / 5 / 2016

    Valuation

    The value of any business is the present value of the future

    income stream

    You sell future virtual profits for present real money

  • Martin van Wunnik 98 / 5 / 2016 | Martin van Wunnik 98 / 5 / 2016 9

    In my view, most nascent [startups] tend to overrate the

    importance of external funding.

    Rather, they may wish to consider funding it themselves at the

    very start, get funding from their customers and/or suppliers

    afterwards,

    and only once they have a solid base and a cash-proof of your

    business, they might start to consider external funding.

    We should not forget that there is only a 1% (maximum!)

    success rate to get such funding after discussions lasting 8-12

    months on average.

    http://arsimaprojects.eu/blog/finance-and-entrepreneurship

    Funding Entrepreneurship

  • Martin van Wunnik 108 / 5 / 2016 | Martin van Wunnik 108 / 5 / 2016

    Where to get the money ?

  • Martin van Wunnik 118 / 5 / 2016 | Martin van Wunnik 118 / 5 / 2016

  • Martin van Wunnik 128 / 5 / 2016 | Martin van Wunnik 128 / 5 / 2016 12

    Shareholders Control (>51%)

    Absolute / Relative majority

    40% - 60%40% - 10% - 10% -10% -10% -10% -10%

    Voting RightsClass A & B

    Minority (blocking) interest

    Investors per phase (dilution)!

    Stock options:

    fiscal implications, buyer requiredvesting conditions : targets, period (4y)

    Shareholders implications

  • Martin van Wunnik 138 / 5 / 2016 | Martin van Wunnik 138 / 5 / 2016

    What is dilution ?

  • Martin van Wunnik 148 / 5 / 2016 | Martin van Wunnik 148 / 5 / 2016

    Creativity

    level

    Finance & Accounting

    level

  • Martin van Wunnik 158 / 5 / 2016 | Martin van Wunnik 158 / 5 / 2016

    info@arsimaprojects.eu

    +32 2 880 79 55

    This presentation is available for free:

    http://www.slideshare.net/FinanceCoach24

    Martin van Wunnik