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Dec 13, 2021, 12 tweets

1/ Thread: My presentation for Bangladeshi startups

North South University (NSU), a Bangladeshi university, invited me today to talk about financial modeling for the startups they are incubating. I started with a disclaimer that I never built any model for any startup...

2/ So my presentation was largely more qualitative than quantitative.

Here are my slides.

5 questions any business should ask.

3/ Why do you need to exist?

Relevant link: paulgraham.com/genius.html

4/ How do you know you have product market fit?

Relevant link: review.firstround.com/how-superhuman…

5/ How do you make money?

6/ What is your unit economics?

7/ Why can't others do what you do?

Relevant links:
Innovator's dilemma: amazon.com/Innovators-Dil…

Do things that don't scale: paulgraham.com/ds.html

8/ Before moving onto financial modeling, here's something to remember...

9/ Some thoughts on financial modeling

10/ Some benchmarks (general rule of thumb; not recommended to be indiscriminately used)

Relevant links:
BVP: bvp.com/atlas/scaling-…

The source of the table is not available online.

11/ Some final words on financial modeling

End/ All my twitter threads can be found here: mbi-deepdives.com/twitter-thread…

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