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Atmrix

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YC

Y Combinator Cast

05/21/16

@ Y Combinator

You can determine whether you need to raise funds by analyzing your metrics and understanding your bottom line.

Video

YC

Fundraising Panel at Female Founders Conference 2016

@ Y Combinator

Fundraising Panel at Female Founders Conference 2016

05/21/16

Related Takeaways

GT

Garry Tan

10/18/19

@ Garry Tan

Know your financial metrics, including net and gross revenue, to understand your gross margin and overall profitability.

MS

Michael Seibel

11/30/21

@ Y Combinator

Fundraising before you have any metrics can be beneficial, but once you have revenue, you'll be judged on that revenue 97% of the time.

GR

Geoff Ralston

10/11/18

@ Y Combinator

If you're raising funds, clearly explain how the money will be used to achieve specific milestones, such as hiring staff or reaching revenue targets.

GR

Geoff Ralston

10/11/18

@ Y Combinator

When raising money, assume it might be the last time you'll be able to do so; raise enough to reach profitability without needing more funds soon.

YC

Y Combinator Cast

04/28/17

@ Y Combinator

Founders should know key metrics like cash position and burn rate to communicate effectively with investors.

RH

Reid Hoffman

10/15/14

@ Y Combinator

It's crucial to raise more money than you think you need to reach a significant milestone, as raising too much can lead to inefficiency and a lack of sharpness in operations.

SA

Sam Altman

05/02/17

@ Y Combinator

If you're considering raising funds, it's best to wait until you have a solid idea and initial signs of promise to avoid pressure on the company.

GT

Garry Tan

10/18/19

@ Garry Tan

Be aware of your company's growth rate and how much you're spending versus your revenue.

KN

Kirsty Nathoo

08/22/19

@ Y Combinator

You should know your bank balance, the money coming in, and the money going out to ensure your company's financial health.