Kruze Consulting Blog: Expert Startup Accounting Advice

Venture Lending Common Events of Default

Posted on Wed, 8 August 2018 by Scott Orn

Today we’re talking about events of default in venture debt. Now an event of default is when you get put in the penalty box and the lender controls your destiny. They can make you fundraise. They can make you sell the company. You do not want to be in default. So, stay out of default is rule number one.

Metrics for Leadership

Posted on Tue, 7 August 2018 by Jim Gellas

Today I’m here to talk with you about metrics and KPIs. I’m not going to talk with you about them in the traditional sense of resource allocation. Other ways that finance professionals typically talk about those things.

Fund Venture Lenders vs. Bank Venture Lenders

Posted on Mon, 30 July 2018 by Scott Orn

Today we’re talking about fund venture lenders vs. bank venture lenders. Now, banks, they’re always really really cheap. They have low interest rates and low warrant coverage and that’s partially because they are lending out other companies’ deposits. They take one company’s deposits and lend it out to another. That’s how banks work in just about everything. So that way their cost of funding is very very low.

Featured Service - HubHaus

Posted on Mon, 30 July 2018 by Scott Orn

HubHaus is solving the housing problem for working professionals through Coliving.

Kruze Consulting Firm Overview

Posted on Tue, 17 July 2018 by Lucila Romero

Vanessa Kruze has a passion for startups and loves being a financial copilot for businesses. QuickBooks Online helps her go beyond the reports and forms and help founders and business owners understand the valuable data in their financials.

Featured Service - OpenReel

Posted on Mon, 9 July 2018 by Scott Orn

OpenReel was set out to change the video world by making it seamless to create high-end videos without the need for the big production cost.

Top 5 Startup Podcast Interviews

Posted on Mon, 2 July 2018 by Healy Jones

We’ve had the opportunity to interview some of the leading startup founders, executives, venture capitalists, lenders, lawyers, bankers and service providers as part of our Founders and Friends startup podcast series. So, we decided to compile the top five startup podcasts from our series.

Featured Service - T3 Advisors

Posted on Mon, 2 July 2018 by Scott Orn

T3 Advisors was founded in 2001, when three real estate veterans, seeing the limitations of the large, business-as-usual brokerage firms, surveyed leading technologists and venture capitalists and asked them if they were to purpose-build a real estate company to best serve the innovation economy.

Featured Service - Goodwin Procter

Posted on Thu, 28 June 2018 by Scott Orn

Goodwin Procter has one objective: making the right decisions in this environment that requires strategic counsel from an advisor who not only knows how laws are evolving in jurisdictions around the world, but also has a deep understanding of the startup world

Startup Alert: Supreme Court Rules on Sales Tax

Posted on Thu, 21 June 2018 by Stephen Yarbrough

The Supreme Court has overturned a 1992 precedent that allowed online businesses to only collect sales taxes in states where they had a “physical presence”. Today’s South Dakota v. Wayfair, Inc. ruling grants states broad authority to collect taxes from companies that have an “extensive virtual presence” even if they have no “physical presence” in that state.

Featured Service - Avison Young

Posted on Wed, 20 June 2018 by Scott Orn

Avison Young is the world’s fastest-growing commercial real estate services firm headquartered in Toronto, Canada.

Startup Financial Modeling Tips

Posted on Mon, 18 June 2018 by Healy Jones

Our clients have raised over $500 million in VC in the last 12 months. In our experience, a solid financial model, one that helps convey the assumptions and one that builds excitement, is key to getting VCs to engage in your fundraising