Kirsty Nathoo - Managing Startup Finances

YC Partner and CFO Kirsty Nathoo shares the most common mistakes startups make with their finances and how they can prevent them.

[trimukhlison]

Pitfall 1 : Not knowing what to look at - 1:30
Pitfall 2 : Not looking often enough
- 7:42

Pitfall 3 : Under-Representing Expenses - 8:27
Pitfall 4 : Out-sourcing responsibility - 12:00
Pitfall 5 : Scaling too quickly - 14:34
Pitfall 6 : Letting runway get too low before fundraising
- 19:34

[sprintwithcarlos]

Kirsty Nathoo 🙌🏽🙌🏽🙌🏽 One of my YC's favorites. One half-hour class with her and your learnings will 10X, believe me. PURE GOLD

[kevinngaleu]

I rated this video on YC Startupschool as transformational. Don't know why this lecture is not on my curriculum since they've updated the platform, but i came here and watch it again and take notes. As i'm about to get a pre seed funding . Gold content lecture. Thanks Kirsty. Thanks YC. Thanks to Internet. Courage in your journey dear friends founders.

[JL-qfhq]

There are so many golden nuggets in this short talk, excellent!

[slaveofallah]

I started a vending machine business last year as a side job while I am employed to a corporate world. Now I rely more on my earnings in my vending machine business. Such a good idea to start one.

[khouse]

For my startup, I spent $3 million so far and kept it lean, with just 3 people. Don’t hire unless you actually need to and there is ROI, very relevant

[numbaeight]

Braaavooo the best managing startup finances class every entrepreneur should watch every week 👏👏 👏👏 👏👏

[margaretcezar]

Thank you Kirsty. That was very helpful. I can see that you are an addition to beauty and brains in the YC team. 😊

[tchbmqe]

There were hella gems sparkled throughout this seminar, a-lot of big box ( Telecom ) companies could benefit from these concepts. Thank you Kirsty

[habibmkhan]

I didn't think I needed to watch this (too early). But I did. Great advice to be efficient and get PMF before scaling

[ClintLeClairMD]

Had the lovely opportunity to sit in this lecture...truly, the benefit of asking questions back make sessions like this immeasurably valuable. Thank you for setting time aside to do this for the startup community! Sincerely, clint from Protogro

[RafaelCorreaGomes]

Excellent Kirsty; thank you for sharing it. I see FOMO as a pattern between most of the points. My takeaway is that controlling anxiety and analyzing logically the finances at a high level are the keys.

[asarbiotech]

Thanks to kirsty who emphasized clearly about proliferation of startups in their strives

[MrKaugaban]

Tqvm for the content..the audio is superb..good job

[MrAlbertSi]

This is one of the better startup school videos. Love the revenue /employees ratio

[Alex-llxm]

From the owner of a fast growing startup, this is exactly what I needed. Thank you greatly.

[martinstine]

Kirsty, hanks for sharing your knowledge and experience Great job YC

[rycobusinessrealestatefund]

Kirsty, what a very informative video. You kept it simple to understand but gave a lot of info. Thanks!

[julianweiland]

fantastic explanations, Kirsty! Really enjoyed the simplicity of the 'scary topic of startup finances'

[bitcoincollab]

Thank you for making this video! Helped our team understand so simply!