Andrej Kiska is an Associate at Credo Ventures. “Why should I build a financial forecast for my fundraising presentation? There is no way I can predict what kind of numbers I can hit in the next four years.” This is one of the most common reactions we get during a pitch when we ask about a financial forecast. And let’s not forget about “I built a conservative model showing USD 1MM in revenues in four years so I won’t look foolish” and “I wanted to show USD 500MM in revenue in four years because I heard investors like big numbers.”...

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