Big data event (10th) at Capricorn Venture Partners - 17/10/2012

10th Big Data Capricorn Venture Partners (Leuven) 17/10/2012 Martin van Wunnik 0475/96.95.91 Martin@FinanceCoach24.comwww.slideshare/FinanceCoach24.com 1meetup.com/Finance-for-startups

Technical level“How will you make money ?”Tech startup: Your product is only 1/3 !Freemium (« build a community »)Burn rate, cash crunch, « valley of death » 2 Finance & Accounting level

Why should you create a company? Limit your liabilities ! Professional touch Fiscal 34% (24% for 3y) Succession ... Formalities & some costs (bank, notary, KBO/CBE, social secretary) Double entry accounting Revisor for in-natura contributions 3

Legal minimum capitalBVBA-SPRL (min.1)CVBA-SCRL (flexible) 18.550 EUR 6.200 EUR (or 12.400 EUR)SA-NV (min.2): 61.500 EUR REAL minimum = Business required ! 4

Profit & Loss statements (P&L) COGS (Cost of Sales) General Expenditures Personnel Costs Revenues (Sales…) Depreciation Financial cost Taxes Profit 5

Investments / CostsToday 2009 2010 2011(300) 100 100 100 40 - - (interest on loans? PDA? Insurance?) 7

@VladBlagi10 STEPS TO A SCALABLE BUSINESS A free course at 10steps2.com 9

Easy to deliver Big, growing market of buyers Easy to sell Unfair advantageRepeatable Scalable business growth engine 10

FundingAnd entrepreneurs? They seem to have confused the definition ofentrepreneurship altogether.Entrepreneurship, they mistakenly believe, equals financing!This is wrong.Over 99% of entrepreneurs who seek funding get rejected.Yet, the entire world is focused on the 1% that is "fundable."http://www.readwriteweb.com/start/2012/01/the-other-99-of-entrepreneurs.php 11

http://www.ideaowl.com/blog/2011/06/microconf-2011-3- surprises-and-learnings-from-best-conference-ever/ 12

www.impulse.de weighted average cost of capital (WACC) Cost of Equity (Re) = Rf + Beta (Rm-Rf). After-tax cost of debt 13

100 122 506 14

How to finance your start-up ? Equity LT Debts ST Debts 15

10th Big Data Capricorn Venture Partners (Leuven) 17/10/2012 Martin van Wunnik 0475/96.95.91 Martin@FinanceCoach24.comwww.slideshare/FinanceCoach24.com 16meetup.com/Finance-for-startups

Big data event (10th) at Capricorn Venture Partners - 17/10/2012

by MvanWunnik on Oct 18, 2012

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