One of the fastest-growing tools that we’ve seen our startup clients adopt is Brex’s corporate card. But Ramp’s expense management card is a great option for later-stage companies.
The quick answer is that a secondary transaction should not impact your ASC 718 reporting. However, going forward, It potentially can impact your 409a.
As you know, right now, the stock market and venture capital market are very frothy and on fire. So there are a lot of secondary transactions happening. Meaning, a lot of venture capital firms are buying the founder shares or previous VC investors shares in the company.
Today I'm answering the question, can my startup retroactively apply for a PPP 1 loan? This is a question I'm getting quite a bit from startup founders who were eligible but didn't apply for the Payment Protection Program loan in March, April, and May of last year.
Learn what budget vs actuals is, when you should do it and why it is crucial for the long-term success of your startup business.
Many startups are finding themselves in a tough situation due to the COVID crisis. And we see many of our early-stage companies cutting their office expenses as a way to reduce their burn rate. What should a startup do if it is in a really tough situation and wants to adjust its office lease?
It turns out that pre-seed funds are filling a really important niche in the market. These firms actually help increase the velocity of the earliest stages of venture capital. Greasing the wheels of Silicon Valley, in a way.
You’re a startup and the world of possibilities lies at your feet. You’ve developed a product that can provide value to organizations across the globe. You simply need to let the world know about you.
This is the story of how a 20-person startup lost $100,000 of their cash because they didn’t have EPLI. If you are a startup founder, have employees, and haven’t heard of EPLI, this post is for you!
The first hire for a startup is an exciting time! When a startup goes beyond the founders and has employees, the business can start to feel “real.”
Kruze Vice President FP&A, Healy Jones, will be joining this new Procurify’s webinar on All You Need To Know For Small Business Loans.
Kruze Consulting, a leading accounting firm serving VC funded startups, breaks down how the COVID stimulus bill, the CARES Act, will help seed and venture funded startups.
Congress is working on legislation to help businesses survive the COVID-19 crisis. Traditionally, SBA loans would not be a fit for venture-backed startups because of personal guarantees requirements and majority ownership issues.
Visa has announced that they are acquiring Plaid, a FinTech Unicorn who provides the backend data-transfer piping a lot of automated financial systems use - including some cutting edge bookkeepers.
The Brex corporate card is one of the fastest-growing financial tools we’ve seen startups adopt in the past few years. But traditional card vendor American Express isn’t sitting on its laurels, and has announced their own “Brex Killer” card -- “American Express Corporate Program for Startups.”
From our perch as accountants to almost 200 venture-funded startups, we may be seeing some signs of a coming economic slowdown. Here is our advice on what startup founders should do to prepare for a recession.
Early-stage startups have a constant battle of managing their cash-out dates (when they run of capital) and spending enough to make progress on their business plan.
One of the fastest-growing tools that we’ve seen our startup clients adopt is Brex’s corporate card. But Stripe’s new card is a huge announcement from a major fin-tech provider to early-stage companies.
In the early days of a startup, projecting cash flow is relatively simple, because it’s a one-way street.
At Kruze Consulting we work with hundreds of startups and we see it all - shoeboxes full of receipts, hand-written, coffee-stained financial ledgers and even a contract on a cocktail napkin!
As experts in the venture debt market, we recently released a study that surveyed venture debt firms and bankers representing over 85% of the venture debt market.
Kruze Consulting and Procurify are pleased to present an event for San Francisco startups, Managing Departmental Budgets for Fast Growth Startups.
We have worked with hundreds of companies that have raised over $2 billion in venture and seed financing, and have seen a ton of startup pitch decks, capitalization tables and, of course, venture dollars.
ORIX Corporation USA is a company that provides capital to clients middle market - and startup - clients.
Kruze Consulting’s clients have raised over $500 million in venture and seed funding in the past 12 months, and we’ve worked with top venture capitalists who have invested in our clients.
We’ve compiled detailed job descriptions for startups’ finance and accounting teams, based on our experience managing the growth of our startups’ accounting and finance functions.
FloQast is a software exclusively designed for accountants to close books faster and more accurately.
Netsuite is an ERP (Enterprise Resource Planning) tool. It manages your accounting, reporting, supply chain, procurement, and much more.
The first thing a CFO does for startups is to manage the financial reporting. That means making sure the books are closed and closed correctly every month.
AVRA Talent, previously known as Recruit, partners with startups and growing firms to help fill non-technical talent.
Opendoor makes it possible to sell a home online in minutes, removing all of the headaches, uncertainty, and risk from the transaction.
Today we're talking about the dangers of venture debt. Now that sounds really scary. Venture debt's actually a great tool for prolonging your runway and making sure your startup can hit the right milestones.
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.
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.
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
The first thing they're going to ask for is your historical financials.
There are really five things. First of which, you do need three years worth of projections.
We help venture back startups with everything from accounting, finance, tax, and HR. One of the biggest questions that we get from our new founders is what systems they should set up.
At Kruze Consulting, we get tons of questions about the difference between bookings and revenue.
How much can your startup save in payroll taxes?
Estimate your R&D tax credit using our free calculator.
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