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“VCs are in the business of deploying capital, and time is not their friend.” – Mark Wald. ⚡ Clear metrics and sound fundamentals are needed to attract venture capital today because VCs are pitched many investment opportunities and need to make quick decisions. 📈 VCs pick KPIs they understand, such as gross margin, churn, CAC, user counts, etc. Proving lifetime value #LTV is difficult for early-stage companies and their founders just ramping up. So, it becomes critical for companies to build data and accounting systems that clearly tell their KPI story. ▶ In the webinar series Abstracts by Abstract, Mark Wald and Patricio Utz share their insights on #startup accounting, #KPIs that matter, and the state of #VC in 2024. 🚀 Abstract has partnered with SPRCHRGR, to develop its own tech-forward accounting and finance story and combined it with its #AI business model. They truly align with our mantra to “work smarter, not harder.” We can help your start-up or scale-up better communicate its value to investors as well. Learn more about #KPIDashboards at https://lnkd.in/eK5EZzDP 💡 Check out the full webinar here: https://lnkd.in/e88uMG_J