"Finance for Founders" is a micro-learning series by 18startup designed to equip founders with essential financial knowledge for running a startup. The series covers topics like accounting, strategic finance, and financial projections, empowering founders to better understand valuation, and make informed decisions on dilution. The series will include templates for financial projections and monitoring in the upcoming sessions.
Prakash is a seasoned finance professional with over 20 years of experience spanning banking, manufacturing, logistics, and technology. With a strong foundation in financial analysis, he has spent more than 15 years preparing, analyzing, and interpreting financial statements as a banker, strategy head, entrepreneur, and investor. His deep expertise in strategic finance has been pivotal in his entrepreneurial journey, including founding Rydo, a ride-hailing platform that promotes financial inclusion for auto driver households.
Founders need a basic understanding of finance and the impact of poor financial management.
When raising funds, it's crucial to develop comprehensive financial projections to present to investors.